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Tag Archives: Ethereum (ETH) Price

Bitcoin Spot ETF Approved, Ethereum Explodes 20% Weekly, and More: This Week’s Crypto Recap

What a week… The United States Securities and Exchange Commission finally greenlighted a spot Bitcoin Exchange-Traded Fund (ETF). Those of you who’ve been following the industry for many years know that this has been one of the most highly-anticipated moments, and it’s absolutely monumental how far the industry has come in 2024. But the process itself was particularly scuffed, to say the least. First, the SEC’s X account was compromised, and the attacker tweeted (falsely)...

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ETH Uncertain Above $2.2K but is a Drop Toward $2,000 in Play? (Ethereum Price Analysis)

Ethereum’s price is currently finding it difficult to rally higher following weeks of aggressively bullish price action. Yet, there are still several support levels nearby that could keep the cryptocurrency from dropping lower. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been on the rise since breaking above the 200-day moving average and the large descending channel. While ETH is still trading above the key $2,000 level, it is...

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Is Ethereum Finally Going to Break Above $2.4K? (ETH Price Analysis)

Ethereum’s price has encountered a significant obstacle at the critical $2.4K resistance, leading to an extended consolidation phase within this pivotal range. This situation and the bullish sentiment in the futures market have heightened expectations for a potential bullish breakout. By Shayan Ethereum Price Analysis: The Daily Chart A detailed examination of Ethereum’s daily chart reveals an ascending consolidation period, with the price approaching a substantial...

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ETH Stopped at $2.4K as Bears Push for a Correction (Ethereum Price Analysis)

Ethereum’s price is encountering significant resistance around the pivotal $2.4K region, highlighting an ongoing struggle between buyers and sellers. Despite efforts, the price has been unable to surpass its previous swing high of $2403, leading to a slight pullback and the potential formation of a double-top pattern. By Shayan The Daily Chart After a period of sideways consolidation near the crucial $2.3K mark, the price surged with the aim of reclaiming its previous daily...

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Worrying Pattern Signals Potential Dump in ETH: What to Expect? (Ethereum Price Analysis)

Ethereum’s recent surge in momentum encountered a significant obstacle upon reaching a pivotal resistance area, encompassing the upper boundary of a multi-month wedge and the static resistance at $2.4K. Despite this, the emergence of a head and shoulders pattern suggests an impending retracement towards the $2K support zone. By Shayan The Daily Chart Ethereum witnessed a robust uptrend, achieving an annual peak of $2.4K, underscoring the prevailing influence of buyers in the...

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Bears Back in Town for Ethereum Thanks to a 3% Daily Dip (ETH Price Analysis)

Ethereum’s price has seemingly struck a significant obstacle following weeks of aggressive rallying. Yet, a further bullish continuation cannot be ruled out yet, as there are several support levels available to overturn the trend. Technical Analysis By TradingRage The Daily Chart On the daily chart, it is evident that the price has been rising consistently after a rebound from the $1,500 support zone. The large bullish flag has been broken to the upside, and the market has...

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How High Will Ethereum Go in 2024: Watch These ETH Price Predictions by Experts

TL;DR ETH’s Recent Gains and Positive Outlook: Ethereum’s ETH has rebounded in 2023, reaching around $2,400, with some analysts forecasting a rise to $5,000 by 2025 due to a bullish trend. High Expectations and Upgrades: Experts predict ETH could reach up to $8,000 by 2026, bolstered by upcoming Ethereum upgrades, with short-term predictions around $3,400-$3,800. Some Bearish Perspectives: Despite optimism, some, like trader Peter Brandt, are skeptical about Ethereum’s...

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BTC Stopped Ahead of $45K Amid US CPI Data, FOMC Meeting, and Ledger Issues: This Week’s Crypto Recap

It was another eventful week in the cryptocurrency space, with BTC soaring to a new 19-month peak six days ago before facing retracements and rollercoaster propelled by industry vulnerabilities. It all started just after CryptoPotato’s previous Market Update on Friday. Just hours later, the primary cryptocurrency initiated an impressive leg up that resulted in breaking above $44,000 and hitting $44,700 for the first time in over a year and a half. That was a noteworthy...

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Crypto Price Analysis Dec-8: ETH, XRP, ADA, SOL, and BONK

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and BONK. Ethereum (ETH) ETH’s price booked a 12% increase this past week after it was finally able to escape the ascending triangle that has been forming since 2022. The breakout above $2,150 started this rally, which may not see any significant pullback until $2,500. That is the current target for this move. If buyers remain aggressive, they could aim to take Ethereum to $3,000 after that. Looking...

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Make or Break for ETH: $2000 or $2500 Next? (Ethereum Price Analysis)

After a consolidation period near the $1,500 mark, Ethereum buyers returned to the market, successfully reclaiming the $2K resistance region. However, following a notable surge, ETH has encountered a crucial price range, and it’s currently struggling to overcome it. Technical Analysis By GreatestTrader Over the past two months, Ethereum has enjoyed a positive trend, consistently moving upward. Accordingly, the increased buying pressure facilitated the surge above the...

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