Ethereum (ETH) is attempting to reclaim a crucial area as price nears its 2021 all-time high (ATH). However, an analyst suggested that this week’s performance will be key for the long-awaited price discovery rally. Ethereum Eyes Last Major Resistance Over the past week, Ethereum has had a remarkable performance, jumping nearly 30% to a multi-year…
Tag: ETH
Ethereum CME Gap Threatens Recovery, Why A Crash To $4,080 Is Possible
After an incredible rally that has put Ethereum on the path to possible new all-time highs, the altcoin is now facing something that could hinder its newfound path. This comes down to a CME gap that had formed on its way up, and historically, CME gaps tend to be filled before there is a bullish…
Bitcoin, Ethereum, Solana To Hit Wild New Highs In October: Placeholder Co-Founder
Chris Burniske, the cofounder and partner at crypto venture firm Placeholder, laid out a time-boxed set of cycle targets for the market’s three bellwethers, arguing that the “crazier” price action gets through early autumn, the higher his conviction becomes that this cycle culminates in October. “Aiming for an October top in BTC, if I were…
Ethereum Flashes Once-In-A Decade Bull Signal, Says Analyst
Ethereum’s chart is lighting up with what crypto analyst Kevin of Kev Capital calls a “once-in-a-decade” confluence of bullish signals — patterns and indicators that he says have not appeared together in the asset’s history. In a video update on August 12, Kevin revisited his May forecast for “ETH season” and detailed why the rally…
Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run
Bitcoin and Ethereum prices began to rally over the weekend, and interestingly, ETH was able to beat the $4,000 level for the first time in eight months. Bitcoin also recovered from its crash below $113,000 the previous week, taking the rest of the crypto market with it. Naturally, the reversal to bullish sentiment has brought…
Jeff Bezos’ Blue Origin Now Takes Bitcoin, ETH, SOL For Spaceflights
Blue Origin will now sell New Shepard spaceflight seats in Bitcoin, Ethereum, Solana and selected dollar-pegged stablecoins through a new checkout integration with Shift4 (NYSE: FOUR), the payments company said in a Business Wire announcement. The integration is live and applies to upcoming commercial flights, adding crypto rails alongside traditional methods for one of the…
Ethereum Price To Surge To $8,500? The Mechanics Of The Current Bull Run
Ethereum’s price trajectory has taken on a decisively bullish tone with its movement in the past 24 hours. Now, technical patterns are pointing to the possibility of a rally that would not only push it past its current all-time high of $4,878, but also carry it to as high as $8,500. A recent analysis by…
SharpLink Expands Ethereum Dominance Following $400M Partnership With Five Institutional Investors
SharpLink Gaming is solidifying its position as one of the world’s largest corporate holders of Ethereum, announcing a landmark of $400 million registered direct offering secured through partnerships with five major institutional investors. This move underscores the growing confidence institutional players have in ETH’s long-term potential and its aggressive accumulation strategy. Institutional Backing Pushes SharpLink…
Ethereum Price Eyeing A Breakout? On-Chain Analysis Places Short-Term Target At $4,800
The Ethereum price has roared on with a strong performance over this weekend, reclaiming the $4,200 level for the first time since 2021. According to data from CoinGecko, the “king of altcoins” has now increased in value by more than 25% on the weekly timeframe. Considering its strong momentum, the general expectation is that the…
Ethereum Price To $12,000? ETH Could Repeat This Bitcoin 2020 Fractal
With the bullish momentum growing in the cryptocurrency market, the large-cap altcoins have been some of the major beneficiaries of the current positive trend. Ethereum price, specifically, has continued to impress, with the second-largest cryptocurrency reasserting its position in the market over the past weeks. The Ethereum price displayed significant bullish impetus going into the…