In a bold and attention-grabbing prediction, Titan of Crypto, a well-known cryptocurrency trader and expert, has set the stage for an imminent significant rally for Ethereum (ETH) to unprecedented heights. The analyst’s prognosis, fueled by favorable market conditions and rising investor confidence, suggests that ETH is primed for substantial gains. Several weeks ago, Titan of
Ethereum
In the midst of the recent surge in Bitcoin and Ethereum prices, short-term traders have faced significant liquidations. Within just 24 hours, more than $330 million was liquidated from the crypto market, with the majority of these coming from short traders anticipating a price decline. Coinglass data reveals that over 78,000 crypto traders experienced liquidations
Ethereum, the second-largest cryptocurrency by market capitalization, is currently at a crucial juncture, with a prediction of a potential breakout. Prominent crypto analyst Jelle recently pointed out that Ethereum is nearing the end of a falling wedge pattern, a situation often interpreted as a bullish signal in technical analysis. Jelle observed a falling wedge pattern
A recent prediction by a crypto analyst has sparked excitement within the cryptocurrency community. The analyst, known as ‘Yoddha’, has set a bold timeline for Ethereum’s journey to new all-time highs, specifically targeting a price point above $10,000. This forecast has generated speculation and intrigue among investors and enthusiasts alike. Yoddha’s prediction is not based
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been showing signs of a potential rebound, according to analysts. One analyst, Ali, has pointed out a key signal on Ethereum’s daily chart that suggests a forthcoming price surge. The TD Sequential indicator has issued a strong buy signal, indicating a potential upward movement lasting one
Cryptocurrency analyst Javon Marks recently pointed out several metrics that are turning bullish for Ethereum (ETH). One notable metric is the formation of a bull flag-like price structure on the Ethereum chart, suggesting a potential all-time high for the second-largest crypto token. Marks highlighted the presence of higher lows in Ethereum’s price action, indicating a
The Ethereum (ETH) options market for June is showing a significant interest in higher strike prices, particularly focusing on levels exceeding $3,600. Traders are making concentrated bets on calls surpassing this price, indicating a bullish sentiment toward Ethereum’s near-term trajectory. Options are contracts that give traders the right, but not the obligation, to buy or
Ethereum (ETH) has experienced a significant decline of 6.45% in the past week, adding to its overall price decline of 16.57% over the last few months. This bearish trend has left investors feeling disappointed as they watch the world’s second-largest cryptocurrency struggle to maintain its value. The recent news of a crypto whale selling off
The Ethereum Foundation, a non-profit organization supporting the Ethereum ecosystem, recently made a high-value transfer of ETH, sparking speculation within the crypto community. On May 8, the Foundation transferred 1,000 ETH ($3 million) to a middle multi-signature wallet (0xbc9), according to the on-chain analytics platform SpotOnChain. This transfer is part of a series of transactions
The Ethereum price has been closely following the performance of Bitcoin in recent times. However, it seems that Ethereum is facing more bearish fundamentals compared to Bitcoin. Crypto analysts have observed that the liquidity in Ethereum has been dwindling, with investors showing greater interest in Bitcoin instead of altcoins like ETH. This lack of interest
The crypto market has been experiencing significant turbulence lately, prompting Benjamin Cowen, the founder and CEO of Into The Cryptoverse, to share his insights on the recent downtrend observed in the Ethereum/Bitcoin (ETH/BTC) pair. Cowen’s analysis delves into the intricate relationship between the pricing of Ethereum and Bitcoin, shedding light on the potential for further
Ethereum, like many other cryptocurrencies, has been navigating through a bearish market recently. However, while the price of Ethereum has shown a slight increase, there is an underlying trend that is significantly affecting the altcoin’s economic model. The burn rate of Ethereum’s ETH has hit an annual low in April, primarily due to a decrease
A crypto analyst has made some interesting predictions regarding the future trajectory of Ethereum in comparison to Bitcoin. Benjamin Cowen, the founder of ITC Crypto, has shared his insights on the Ethereum to Bitcoin price ratio, specifically focusing on when ETH/BTC is expected to hit its lowest value in the current market cycle. Cowen has
Ethereum (ETH), the second-largest crypto token by market cap, experienced a significant rise to $3,300 over the weekend, signaling a potential trend reversal. Analysts pointed out several bullish signals on Ethereum’s charts, indicating a positive shift in its trajectory. Derek, a crypto analyst, highlighted the Moving Average Convergence/Divergence (MACD) indicator, suggesting that the decline has
The recent analysis by Santiment has shed light on the significant drop in transaction fees for Ethereum, the world’s second-largest cryptocurrency. This drop, with an average transaction fee as low as $1.12, has sparked discussions within the crypto community. Transaction fees serve as a fascinating window into the collective mood of the crypto market, providing
Ethereum withdrawals from centralized exchanges have been on the rise over the past week, indicating a shift in investor sentiment. The significant amount of ETH being withdrawn suggests that investors are taking steps to secure their positions in anticipation of better price prospects. This trend has been highlighted by the actions of Ethereum investors as
The recent news of Ethereum experiencing a 5% price drop within 24 hours has sent ripples across the cryptocurrency market. This drop is attributed to the growing speculation that the highly anticipated Ethereum Exchange-Traded Funds (ETFs) may face rejection by the US Securities and Exchange Commission (SEC). According to a recent report by Reuters, various
The recent surge in Ethereum’s market recovery has been attributed to significant buys suspected to have been made by Tron’s founder, Justin Sun. Sun’s accumulation spree has once again brought attention to the bullishness of crypto whales towards Ethereum despite its fluctuating prices. According to on-chain analytics platform Lookonchain, a mysterious wallet suspected to belong
Recent data indicates that Ethereum Open Interest has been lingering at lower levels, raising concerns about the potential impact on the cryptocurrency’s price movements. When looking at the total number of derivative contracts open for Ethereum across all exchanges, the Open Interest serves as a key indicator of investor sentiment in the market. An increase
Recent reports have shed light on a new Ethereum whale that has been actively purchasing ETH over the past few weeks. This mysterious wallet, suspected to be owned by Tron founder Justin Sun, has made significant moves in the market. According to blockchain research platform Lookonchain, the whale began its buying spree on March 31,
Recent volatility in the crypto market has not spared Ethereum, the second largest crypto token by market cap. Despite this, data from Coinglass indicates that a majority of Ethereum investors and traders are bullish on the future price of the crypto token. Many have opened long positions on Ethereum, signaling their belief in significant upward
The cryptocurrency market has been experiencing a surge in interest towards Ethereum, with investors accumulating significant amounts of ETH in recent times. Despite the price volatility that Ethereum has undergone in the past week, on-chain data has revealed a clear accumulation trend among Ether investors. The past seven days have seen over $500 million worth
The rise of Ethereum (ETH) in the first quarter of 2024 has been nothing short of impressive, with a nearly 100% increase in price action. Not only that, but the Ethereum blockchain has also managed to generate substantial profits of up to $369 million during this period. This unforeseen profitability has sparked inquiries into how
The cryptocurrency market has been experiencing significant volatility in recent days, with Ethereum, the second-largest cryptocurrency by market capitalization, facing a drastic price drop to lows of $2,800 on April 12. However, amidst the chaos, Ethereum whales, the prominent players in the crypto world, have been making strategic moves that have caught the attention of
The recent price decline in Ethereum, along with other cryptocurrencies, has been a cause for concern in the market. However, while many retail investors are panic-selling their assets, on-chain data reveals a different story. Big player whales seem to be taking advantage of the situation to accumulate more assets, displaying a bullish sentiment amidst the
The excitement surrounding the potential launch of spot Ethereum exchange-traded funds (ETFs) in the United States is being overshadowed by concerns over regulatory approval from the Securities and Exchange Commission (SEC). With Jan van Eck, CEO of VanEck, expressing doubts about the likelihood of approval and industry experts like Eric Balchunas downgrading their odds to
Trading expert Peter Brandt has recently shifted his perspective on the Ethereum vs. Bitcoin chart, offering new insights into market developments. Brandt, who previously criticized Ethereum as a “junk coin” and its supporters as “Etheridiots,” has now suggested a potential bear trap in the Ethereum-to-Bitcoin chart. This change in stance showcases the complexities within the