The price of Ether rose 1.2 percent to $3,854 over the past 24 hours ahead of the implementation of its Dencun upgrade next week. This upgrade will slash Ether’s transaction fees (also known as gas fees) which currently are at the highest level since May last year. Separately, the SEC is seeking comments on BlackRock and Fidelity’s spot ETH ETF applications,...
Technical Analysis: Price Action: Ethereum has been consistently forming higher highs and higher lows, indicating a strong uptrend. The recent price action suggests a clear bullish bias. Key Support and Resistance Levels: The cryptocurrency has found strong support around the $3,000 level, with buyers stepping in to defend this zone multiple times. On the...
Hey there, Ethereum enthusiasts! If you like my graphics, send some 💙💛 Gather 'round because we've got something to talk about. Picture this: a pattern that blending elements of a Double Bottom and an Adam and Eve formation. This kind of pattern often signals a big turnaround. Now, let's dive into the nitty-gritty. The chart's telling us that Ethereum...
Are we all in a euphoria? yes we are, Greed Level at a higher number, if youre executing on that then youre in a euphoria. Correct me if I am wrong, this is only my view on the current market. If price breaks the ATH then this idea is invalid. This is not a financial advice, Trade it or own it. Longshot view might not working..
The ethereum keep price pushing upwards. If you hear the latest updates on this coins, banks/etf is on the run maybe, or it will be approved or already being approved. This idea base on distributions after the pre-supply being seen with a large selling at 3000$ level, previous idea last year closed, price predictions at 2600 and 3000 level reached. Now price...
This would really upset the #Bitcoin maxis's wouldn't it? :) The number's in terms of dollar's per coin start to get ginormous. Assuming a $6 trillion Total Market cap and a peak dominance of 38% by ETH = 2.28 Trillion market cap for Ethereum Divided by the current supply of 120M coins We get a usd value of $19k per coin Is this my prediction ? IDK...
Hello fellow crypto holders Anything that has a move besides BTC, Im looking on Good entry on Ethereum. Im expecting 2400 on its first tap.. This is not a financial advice. Follow for more longterm View on cryptocurrencies tokens.
On higher context CRYPTOCAP:ETH coin might test the 2900-3000 level, for redistributing its coin. This idea base on redistribution. Im looking below again $600 this is not a financial advice. Trade at your own risk. for now price reach the 50% since the price drop. so we might test the 60% zone. Trade it or own it. This is only my view. NOt giving a context...
The Misleading Rising Wedge on Ethereum Over the past few weeks a prominent trader who I admire has been adamant about Ethereum forming Rising Wedge, which is a bearish reversal pattern. I disagreed with this view but acknowledged the concern raised as any reasonable trader would. However, It caused me a bit discomfort as I have a large position in Ethereum...
As Ethereum ( CRYPTOCAP:ETH ) braces for a monumental upgrade, investors are abuzz with anticipation, driving the cryptocurrency's value to new heights. Contrary to popular belief, Grayscale Investments suggests that Ethereum's ( CRYPTOCAP:ETH ) recent price surge isn't solely tethered to ETF aspirations but is rather buoyed by the imminent Dencun upgrade slated...
📉Hi Traders, Investors and Speculators of Charts📈 The scope of corrections (in other words the percentage) is different from one chart to another. On ETH, we see an interesting trend in terms of pullbacks - two smaller corrections before a bigger pullback. This leads me to the conclusion that the next pullback on ETH may only be around 10%. From a technical...
Galaxy Digital acquired 26,000 Ethers on Tuesday, worth around $76 million at today’s price, on-chain data from Lookonchain shows. This pushed the price of Ether above the $3,000 threshold for the first time since April 2022, before falling back. “$3,000 for Ethereum. To be honest, it’s still undervalued to #Bitcoin. Given the valuation of Bitcoin at $52,000, it...
After reaching a peak above $2700 and experiencing a typical correction, BITSTAMP:ETHUSD performed well technically. It remained above the support levels between $2150-2200 and yesterday, it finally broke through the $2400 resistance. The current outlook for EthUsd is strongly bullish. As long as the price stays above the $2400 zone, we can anticipate a...
ETH weekly closed above $2500 with bullish candle. bullish bias with ETH, as long as price above $2500. next resistance is $3400 - $3600. DYODD
Ethereum has reached the Resistance Zone at $2,850 and has shown the first signs of resistance. Should we enter a short? How do we trade this? 🤔 The conditions are such that we should be looking for a short entry. We have three pushes up since the start of the last bull leg from $2,200, a strong Resistance Zone at the current price, and an RSI that is...
A Bold Bet on Bitcoin and Ethereum ( CRYPTOCAP:ETH ) In a move that signals Silicon Valley's renewed enthusiasm for cryptocurrency markets, Peter Thiel's Founders Fund has made a staggering $200 million investment in crypto tokens, with half of the sum allocated to Bitcoin and the other half to Ethereum ( CRYPTOCAP:ETH ), the two largest cryptocurrencies by market...
H4 - Bullish trend pattern. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
Hey everyone! 2023 turned out to be a great year, as expected! 2024 shaping up to follow similar footsteps. ETFs are providing an on ramp for traditional finance money to enter the space, with the ETFs accumulating over 9B of capital in under a month. As I was doing HTF analysis on ETH, this fractal comparison came to light. Since I've seen it, I can't...