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Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target

Ethereum

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level.  As market participants closely monitor the situation, the focus now lies on crucial levels that must…

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Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level

Ethereum

Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market.  As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The…

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Experts Eye Spot Ethereum ETF Launch By Mid-July, Predict Price Rally

Ethereum

The crypto industry is on the verge of a potentially significant development as key figures in the sector hint at the imminent approval of a spot Ethereum ETF in the United States, possibly triggering a notable price rally for ETH. Nate Geraci, president of The ETF Store, shared insights into the expected timeline for the…

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Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In

Ethereum

Despite Ethereum’s recent lackluster performance, Glassnode Co-founders, under the name ‘Negentrophic’ on Elon Musk’s X social platform, assert that ETH’s potential has yet to be fully realized. Analyzing historical data and market patterns similar to those in early 2021, Negentrophic predicts that Ethereum could reach a high of $7,500, a forecast based on current market…

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Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400

Ethereum

Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400. He emphasized the Spot Ethereum ETFs, which he believes could spark a significant rally for ETH. A ‘Significant Upside Repricing’ Could Be On The Horizon ForTHEEthereum Duncan mentioned in an X (formerly Twitter)…

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Experts Bullish On Ethereum ETFs Launching July 4, Predicting Potential Surge Beyond $7,000

Ethereum

As the highly anticipated launch of the first spot Ethereum ETFs in the United States nears, experts are predicting a significant price appreciation for the second-largest cryptocurrency in the market. Ethereum ETFs On The Horizon According to a recent Reuters report, the US Securities and Exchange Commission (SEC) could approve Ethereum ETFs as soon as…

Experts Bullish On Ethereum ETFs Launching July 4, Predicting Potential Surge Beyond $7,000 Read More »

Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?

Ethereum

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a Bitcoin and Ethereum…

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This Historical Ethereum Top Signal Is Yet To Appear This Cycle

Ethereum

On-chain data suggests this signal that has historically occurred around Ethereum peaks has yet to appear in the current cycle. Ethereum Foundation Wallets Haven’t Made Large Outflows This Cycle So Far In a new post on X, the market intelligence platform IntoTheBlock has discussed a pattern that Ethereum has witnessed alongside its previous market peaks.…

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Bitwise CIO Bullish On Spot Ethereum ETFs: Envisions $15 Billion Inflows

Ethereum

In a significant development for the cryptocurrency market, asset managers are eagerly preparing for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC).  Bitwise Chief Investment Officer (CIO) Matt Hougan has weighed in on the potential of these ETFs, predicting substantial inflows into the regulated market within…

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