Tag: ETH

Ethereum Price Battles to Bounce Back: Is a Recovery Coming?

Ethereum price struggled to continue higher above the $2,750 resistance and corrected gains. ETH is now struggling to start a fresh increase above $2,650. Ethereum started a downside correction below the $2,650 support. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line…

Ethereum Price Breaks Out Of Symmetrical Triangle, Next Stop $3,400?

The Ethereum price has just broken out of a key symmetrical triangle pattern, signaling a potential surge to new levels above $3,000. The recent breakout is seen as a bullish indicator for the top altcoin by analysts who have closely watched the Ethereum price action for the past few months. Ethereum Price Breaks Out Of…

Ethereum Bullish Breakout Confirmed – Top Analyst Predicts $3,400 Target

Ethereum (ETH) trades above $2,600 after a 5% retrace from local highs around $2,750. Over the past two weeks, ETH has maintained a bullish trajectory, sparking optimism across the market as investors look for further signs of strength in the price action. Top analyst and investor Carl Runefelt recently shared a technical analysis, highlighting that…

Ethereum Price Dips Again: Will Bulls Step In to Protect the Trend?

Ethereum price struggled to continue higher above the $2,750 resistance. ETH started a downside correction and traded below the $2,680 support. Ethereum started a downside correction below the $2,680 support. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support near…

Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

According to an analysis from on-chain analytics firm CryptoQuant, the total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million. Ethereum Accumulation Continues To Surge The analysis shared by verified CryptoQuant analyst, Burak Kesmeci, indicates that more than 19 million ETH is now held by the so-called “accumulation addresses.” In January 2024,…

Ethereum Holders On The Rise: Accumulation Addresses Double Since January 2024—Report

With an impressive increase in coin acquisition, Ethereum aficionados are causing waves in the crypto space. From January’s 11.5 million, the most recent statistics reveal a solid 19 million ETH now stashed in long-term holding addresses, almost doubled, data from CryptoQuant shows. With investors apparently increasing their bets, this huge surge points to a growing…

Ethereum Bulls Set Sights on $2,850: Is a Surge Imminent?

Ethereum price is extending gains above the $2,650 resistance. ETH could continue to rise toward $2,850 if it clears the $2,750 resistance zone. Ethereum remained in a positive zone above the $2,580 and $2,620 resistance levels. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key bullish trend line…

Ethereum Upside Target Around $2,800 As Price Tests Key Resistance

Ethereum is testing a key resistance level around $2,640, and many analysts believe that breaking this point could trigger a significant surge in price. As the entire crypto market gains strength, optimism is growing among investors, who are eagerly waiting for Ethereum to catch up with Bitcoin’s recent rally.  The sentiment is positive, and traders…

Survey Finds Almost 70% Of Ethereum Institutional Investors Engaged In ETH Staking

Almost 70% of institutional investors in Ethereum (ETH) are participating in ETH staking, with 60.6% of them using third-party staking platforms. Ethereum Staking Landscape At A Glance According to a report by Blockworks Research, 69.2% of institutional investors holding Ethereum are engaged in staking the platform’s native ETH token. Of these, 78.8% are investment firms…