Ethereum Volatility Soon? Derivatives Exchanges Receive 82,000 ETH In Deposits

On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH’s price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake Exchange Netflow” here refers to an on-chain indicator that keeps track of the net amount of… Continue reading Ethereum Volatility Soon? Derivatives Exchanges Receive 82,000 ETH In Deposits

Ethereum Price Grinds Lower: Will Support Kick In Soon?

Ethereum price extended losses and traded below the $2,500 support. ETH is consolidating and might struggle to recover above the $2,500 resistance. Ethereum started a fresh decline from the $2,550 resistance zone. The price is trading below $2,480 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance… Continue reading Ethereum Price Grinds Lower: Will Support Kick In Soon?

Ethereum Risk-To-Reward Ratio Is ‘Too Good To Pass Up’ – Top Analyst Sets $6,000 Target

Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower.  Amid this concern, however, prominent analyst Ali Martinez has shared an optimistic technical analysis, highlighting… Continue reading Ethereum Risk-To-Reward Ratio Is ‘Too Good To Pass Up’ – Top Analyst Sets $6,000 Target

Ethereum Price Turns Red: Is This a Temporary Dip?

Ethereum price started a fresh decline below the $2,550 support. ETH is struggling and might recover if it clears the $2,500 resistance zone. Ethereum started a fresh decline from the $2,650 resistance zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line… Continue reading Ethereum Price Turns Red: Is This a Temporary Dip?

Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst

Ethereum (ETH) exhibited a dual-phased market movement in the last week rising by over 9% to reach a local peak of $2,711 on October 30, before declining by an almost similar measure. As the prominent altcoin now hovers around the $2,500 price mark, crypto analyst Ali Martinez has highlighted an important market condition that could… Continue reading Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst

Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?

Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high above $2,820. This retrace has sparked renewed interest among investors, with top analyst and investor Carl Runefelt sharing a technical analysis that points to a promising setup for accumulation.  Runefelt highlights a bullish pattern emerging… Continue reading Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?

Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?

Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.’ As the second-largest crypto by market capitalization, Ethereum has garnered notable attention following an uptick in funding rates—a measure used to gauge the demand balance between buyers and sellers in futures contracts. Rise… Continue reading Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?

Ethereum Price Tumbles: Will It Find a Way Back Up?

Ethereum price started a fresh decline from the $2,720 resistance. ETH is back below $2,550 and might struggle to start a fresh increase in the short term. Ethereum started a fresh decline from the $2,720 resistance zone. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There was a break below a… Continue reading Ethereum Price Tumbles: Will It Find a Way Back Up?

Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH

Technical analysis suggests the days of the Ethereum price consolidation might be over very soon. At the time of writing, current consolidation situation it finds itself under.  However, according to a technical analysis on TradingView, the Ethereum price could be well on its way to reaching a new all-time high after 12 weeks of consolidation.… Continue reading Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH

Ethereum Price Consolidates Gains: Is It Ready for Another Push?

Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might aim for a move above the $2,720 resistance. Ethereum started a decent increase above the $2,650 zone. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support… Continue reading Ethereum Price Consolidates Gains: Is It Ready for Another Push?