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Tag Archives: Ethereum (ETH) Price

Ethereum Pushes for $2.5K as The Bulls Come Back in Town (ETH Price Analysis)

Ethereum’s recent price action has seen it find support around the critical 100-day moving average, signaling a shift in market sentiment from bearish to bullish. ETH has embarked on a bullish retracement and has now reached a pivotal resistance region, setting the stage for its next move. By Shayan The Daily Chart A comprehensive examination of Ethereum’s daily chart unveils a shift in market sentiment, with the significant 100-day moving average at $2225 providing robust...

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Crypto Price Analysis Feb-2: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum appears to have found good support at $2,200 and has since returned on an uptrend, closing the week with a 3.6% price increase. The price action looks promising, and buyers are returning to the market. This optimism is also reflected in the daily MACD, which is making higher lows on the histogram. Looking ahead, ETH is working its way back up and could soon...

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Alarming Similarities With Previous ETH Patterns Emerge: Will $2.3K Hold? (Ethereum Price Analysis)

Ethereum’s price has been rapidly declining recently following a rejection from the $2,750 resistance level. While a further drop is probable in the short term, the overall bullish trend might not be over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the Ethereum price has been oscillating inside a large ascending channel. The higher boundary of the pattern, paired with the $2,750 resistance level, has rejected the price to the downside. The market...

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Ethereum Pushes Above $2.3K as Bulls Make a Stand, What’s Next? (ETH Price Analysis)

Ethereum’s price has been dropping over the last couple of weeks following a decisive rejection from a significant resistance level. Yet, there are several support levels nearby. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been forming a large ascending channel over the last year. It has recently tested the higher boundary of the channel, which coincided with the $2,750 resistance level and failed to break above. The resulting rejection...

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Interesting Metric Sparks Hopes for Reversal as ETH Clashes With $2.2K Support (Ethereum Price Analysis)

After facing rejection from the formidable resistance zone at $2.6K, Ethereum underwent a substantial downturn, breaking through multiple critical support levels. However, it has now landed at a substantial and decisive range, suggesting the possibility of a bullish reversal. By Shayan Ethereum Price Analysis: The Daily Chart A detailed analysis of Ethereum’s daily chart reveals a notable rejection after attempting to surpass the $2.6K resistance, resulting in a 20% decline....

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Ethereum Investors Eye Renewed Surge Amid Cooling-Off Phase: Data

Ethereum has currently found itself situated within a crucial demand zone after falling below the $2,300 threshold. While the risk of additional decline in the altcoin’s value, the recent dynamics in Ethereum’s futures market sentiment have been underscored by a critical analysis of funding rates, which serves as a crucial indicator, shedding light on the intensity of orders executed by buyers and sellers. According to CryptoQuant’s latest analysis, this displays an upward...

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Cardano (ADA) Surpassed Ethereum (ETH) on Multiple Fronts: Details

TL;DR Cardano’s whale transaction volumes and NFT sales have been notable lately. ADA’s price has recently underperformed compared to ETH, but experts anticipate a potential rally influenced by upcoming events and developments in the crypto industry. According to IntoTheBlock data, Cardano whales have settled an average of $13 billion in large daily transactions for the past week. In comparison, Ethereum’s figure stood at $5 billion. Cardano whales have been quite active...

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Bitcoin Price Nosedives Toward $40K as Crypto Markets Cool Off: This Week’s Recap

The cryptocurrency market seems to have been cooling off throughout the past seven days, decreasing to its current capitalization of $1.69 trillion. This comes a week after the United States Securities and Exchange Commission approved a spot Bitcoin ETF. Undoubtedly, the above has been on everyone’s mind for the last few months. Now that the approval is finally here, the market is cooling down. Somewhat expectedly, the ETF didn’t attract hundreds of billions of inflows. In...

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Bull Market Over for ETH Following Drop to $2.4K? (Ethereum Price Analysis)

Ethereum’s price has been on the rise over the last few months, breaking through resistance levels one by one. Yet, the cryptocurrency might have reached a potential turning point. Technical Analysis By TradingRage Ethereum Price Analysis: The Daily Chart On the daily chart, the market has been acting very bullish since breaking the 200-day moving average to the upside. It has been making consistently higher highs and lows, with the Relative Strength Index showing values...

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After Bitcoin, Will the SEC Greenlight Spot Ethereum (ETH) ETF This Year? (Poll)

The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this week, although in a slightly reluctant fashion. Now, speculations are starting to arise on when the agency will do the same in terms of an exchange-traded fund tracking the performance of the second-largest cryptocurrency. When ETH ETF? 2023 will go down in history as the year with the most news and developments in terms of ETFs as numerous companies filed for such products for BTC...

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