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Ethereum (ETH)

Ethereum Price Analysis: ETH Flirts With $2.5K But Bullish Prospects Remain Questionable

Ethereum’s price has been consolidating in a wide range above the $2,000 mark. Yet, things might change soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been moving sideways in a $500 range between the $2,700 resistance level and the $2,200 support zone. With the market testing the upper boundary multiple times and failing to break above, $2,200 seems likely to be targeted in the upcoming weeks. On the other hand, the...

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Why is ETH Stalling Behind the Crypto Market? (Ethereum Price Analysis)

After breaking above the middle boundary of the descending price channel, Ethereum has temporarily lost its bullish momentum, slightly approaching the crucial $2.8K resistance. The upcoming price action around this level will play a decisive role in shaping Ethereum’s trajectory in the mid-term, with potential outcomes dependent on whether buyers can overcome the selling pressure. By Shayan The Daily Chart Ethereum’s daily chart reveals that following a pullback towards the...

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ETF Recap: Bitcoin, Ethereum Funds See Best Inflow Week in Months

US investors showed increased demand for the spot Bitcoin ETFs during the entire trading week, with more than $1 billion entering the 11 such US-based funds. Interestingly, the interest for their spot Ethereum counterparts has also picked up, as they registered their second-best week since going live in July. Over $1B in Bitcoin ETFs in a Week CryptoPotato reported last weekend the growing net inflows into the spot Bitcoin ETFs, especially after the US Federal Reserve cut the...

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Ethereum Adoption Leans on These 2 Pillars but Future Growth Still Uncertain: Report

A Coinshares report has revealed that the role of Ethereum (ETH) in crypto is being shaped by two main pillars: marketplaces and stablecoins. However, while the network is making waves in these areas, the path forward for new applications remains unclear. Decentralized Exchanges Dominate The report, released on September 24, indicated that marketplace and stablecoins made up slightly more than half of Ethereum’s current use cases. Decentralized Finance (DeFi) protocols and...

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Reasons Behind Chainlink’s (LINK) Recent Price Breakout, Can it Go Higher?

LINK, the native cryptocurrency of the Ethereum-based decentralized blockchain oracle network Chainlink, has witnessed a price breakout fueled by strong on-chain activity and increasing investor confidence. An analysis by blockchain intelligence platform Santiment revealed that technical indicators for LINK suggest there is a potential for continued price gains and that the asset’s long-term outlook remains positive. Positive Sentiment Around Chainlink According to Santiment,...

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Pepe Unchained Presale Hits $15M Milestone – Gains Incoming?

It looks like Pepe is back and ready to take the meme coin market by storm again. The iconic frog mascot’s newest venture, Pepe Unchained (PEPU), has raised over $15 million in presale. With the development of a Layer-2 blockchain now underway, many expect PEPU’s upcoming exchange launch to be a must-watch event. Pepe Unchained Disrupts Meme Coin Space with Layer-2 Technology If you’ve been out of the loop on the latest crypto trends, you might be wondering what’s behind all...

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