Tag: ETH

Ethereum Up 12% In a Week, but Derivatives Data Suggests Caution

Ethereum is gradually regaining momentum after a recent correction, now trading above $1,700, reflecting a 12.2% increase over the past week. This recovery has drawn attention from analysts, who seem to be looking into the asset’s movement for signs of sustained strength or renewed volatility. Despite this short-term rise, ETH remains approximately 63% below its…

Ethereum (ETH) Near A Breakout? Analyst Says It Could Soar Another 28% By May

Ethereum (ETH) experienced a significant recovery over the past week after jumping over 10% to the $1,800 resistance. The cryptocurrency’s momentum has seen it reclaim key levels, which could ignite a 28% rally continuation in the following weeks. Ethereum Reclaims First Horizontal Level In Months Over the past week, Ethereum’s price has jumped around 14%…

Ethereum Whales Sell, But Bitcoin’s Key Investors Are Buying

On-chain data shows the Ethereum whales have sold the asset recently, while key holders on the Bitcoin network have accumulated instead. Ethereum Whales Have Sold Into The Latest Rally As explained by analyst Ali Martinez in a new whales” here refer to the ETH entities holding between 1,000 and 10,000 ETH. At the current exchange…

Ethereum Whales Just Accumulated 640K ETH, Is a Bigger Rally Coming?

Ethereum’s price has recently mirrored broader trends in the cryptocurrency market, rising to above $1,800 before retracing as part of a wider market correction. At the time of writing, ETH is trading at $1,754, showing a 3.3% decrease in the past 24 hours, while the total crypto market cap slipped by 3.6% during the same…

Ethereum Price Holds Ground After Surge — Consolidation or Reversal?

Ethereum price started a fresh surge above the $1,750 resistance. ETH is now consolidating gains and might attempt to clear the $1,840 resistance. Ethereum started a fresh rally above the $1,750 zone. The price is trading above $1,720 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at…

Ethereum Price Breaks Out With 15% Rally — $1,800 Resistance Under Pressure

Ethereum price started a fresh surge above the $1,650 resistance. ETH is now showing positive signs and might attempt to clear the $1,800 resistance. Ethereum started a fresh rally above the $1,650 zone. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a couple of bullish continuation…

Bybit Theft Update: CEO Confirms Significant Portion Of Stolen $1.4 Billion Is Now Untraceable

In a staggering breach that rocked the crypto world, crypto exchange Bybit has reported significant developments following a major hack attributed to alleged North Korean hackers.  The incident, part of a record-breaking $1.5 billion crypto heist, has seen hackers convert at least $300 million into unrecoverable funds. CEO Ben Zhou provided a detailed update on…

Top Analyst Predicts Ethereum Could Ignite Bull Rally If Price Surpasses $2,330

As Bitcoin (BTC) approaches the $90,000 mark, Ethereum (ETH) remains in a consolidation phase, trading just above $1,500. This divergence in price movements has sparked discussions among crypto analysts regarding the potential future trajectory of Ethereum, particularly in light of Bitcoin’s bullish momentum. Ethereum Bull Run Potential Crypto analyst Ali Martinez recently shared insights on…

Ethereum Price Clings to Support—Upside Break Could Trigger Rally

Ethereum price started a increase from the $1,550 zone. ETH is now rising and might attempt to recover above the $1,650 resistance. Ethereum started a fresh increase above the $1,580 and $1,600 levels. The price is trading above $1,600 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line…