Tag: ETH

Ethereum Risks Another 15% Correction After Fall Below $2,000 – What’s Next For ETH?

Ethereum (ETH) has revisited yearly lows after losing the key $2,000 support, registering its worst performance in years. Some analysts forecasted another 15% drop if the trend continues but suggested that ETH could see a bullish end-of-year. Ethereum Hits 17-Month Low Ethereum experienced a 15% correction on Monday, falling from $2,150 to $1,810. ETH’s performance…

Ethereum Price Turns Bearish Below $2,000—More Losses Ahead?

Ethereum price failed to clear the $2,120 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,000 resistance. Ethereum started a fresh decline below the key support at $2,000. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at…

Economic Turmoil: Crypto Market Loses 25% Of Value As Recession Worries Mount

The crypto market is experiencing a significant downturn this week, driven by growing concerns over a potential trade war and disappointment surrounding the US government’s crypto reserve plans. A recent interview with President Donald Trump, in which he hinted at the possibility of a recession, has further unsettled investors. Crypto Market Plummets: XRP, Solana, And…

Ethereum Holds Strong For Over A Year: Monthly Close Below This Level Could Be Catastrophic

Ethereum has struggled to gain momentum, remaining stuck below critical resistance for over a year. Despite multiple attempts, the second-largest cryptocurrency by market capitalization has been unable to break through key technical levels since the beginning of this year.  Ethereum’s price action over the past two weeks has shown more weakness. An interesting analysis from…

Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?

According to a key on-chain indicator, Ethereum (ETH) may be undervalued at its current market price. The last time ETH was this undervalued was in October 2023, after which it experienced a 160% rally. Ethereum May Be Undervalued, On-Chain Indicator Suggests Ethereum’s current MVRV-Z score suggests that the second-largest cryptocurrency by total market capitalization may…

Ethereum’s Latest Drop: What Key Holders Did Next

In crypto, wild price swings are normal when policies and new regulations are announced. This market observation became evident this week, immediately after US President Donald Trump announced plans for a strategic crypto reserve that includes Ethereum, Solana, ADA, Ripple’s XRP, and of course, Bitcoin.  Cryptos’ reaction was immediate, with Ethereum as one of the…

Ethereum Surges Nearly 10% As MVRV Ratio Drops Below 1—Bigger Rally Incoming?

Ethereum’s price has mirrored Bitcoin’s recent market movements. ETH experienced a rollercoaster performance earlier this week before rebounding with a 10% increase in the past 24 hours. This recovery follows a broader market correction that initially led to fear among investors. While Ethereum’s performance remains closely linked to Bitcoin’s price action, recent on-chain data suggests…