Ethereum Price

Ethereum RSI Shows Price May Recover in 48 Hours
Ethereum RSI Shows Price May Recover in 48 Hours

Ethereum price may witness a slight recovery within 48 hours. However, a relief rally may not be possible. Some claim that the ‘buy the rumor, sell the news’ mentality is playing out. In the wake of Ethereum’s successful transition into Proof of Stake (PoS), ETH price may have a slight recovery within 48 hours.  For a better perspective, ETH’s price movement has been underwhelming at best after The Merge has completed without any bugs reported to the greater crypto community.  While other cryptocurrencies are also witnessing a downtrend, Ethereum is much worse. Since last week, Ethereum’s price is down by

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Will Ethereum Price Reach $4K as ETH Merge Closes In or Will It Decline?

ETH may reach new ATH Ethereum is close to breaking $2000 Developers aim to complete ETH merge on September 19, 2022 As days go by, the most anticipated Ethereum merge comes closer. The cryptocurrency developers are forecasted to complete the merge on September 19, 2022. The event thrilled traders and crypto analysts about the potential surge of the price of ETH in the coming days. Some are bullish that ETH may reach new ATH, while others hold their horses while waiting for the final result. Source: TradingView Despite the bearish market, Ethereum is able to prevail in defying the dragging

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Ethereum Poised for $2.5K as Price Now Nears $2K Mark

Ethereum price is now prepared to reach $2,500 soon. $2,000 is relatively easy to achieve. However, RSI and trading volume suggest a sellout may happen. Ethereum (ETH) is now showing extremely bullish signals, suggesting that the bottom may have indeed been in for the second-largest cryptocurrency by market capitalization. From a low of $1,650 on August 10, ETH’s current price is now at $1,897.74, according to CoinGecko. The astounding surge in ETH price happened right after the US announced an inflation rate of 8.5%, which is even lower than the expected minimum rate of 8.7%. This caused various markets to

Bitcoin and Ethereum Smash New All-Time High at the Same Day
Bitcoin, Ethereum Retrace in Preparation for Big Rally

The crypto market suffered a retracement despite a bullish weekend. Bitcoin may have found a floor price, according to JP Morgan. Ethereum may also return to $2,000 soon. Despite a bullish weekend that set a buying frenzy among traders and investors, the crypto market experiences a retracement. Most major assets like Bitcoin (BTC) and Ethereum (ETH) suffered a big dump, showing that a rally is not on the horizon anytime soon. As seen on the chart above, Bitcoin is struggling to establish a foothold at the $24,000 price level. In fact, BTC price was only within $24,000 for two candlesticks

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Ethereum Derivatives Trading Is Surging

Ether derivatives trading is surging amid increased interest. Large traders increasingly speculate on the cryptocurrency’s upcoming transition. Open interest in ether options across top-tier exchanges increases. The value of ether, the native cryptocurrency of the Ethereum network, has surged in recent months as the network has become increasingly popular with developers and businesses. Interest in ether derivatives, which allow investors to bet on the future price of the currency, has also been growing rapidly. Ether-based derivatives are heating up as large traders increasingly speculate on the cryptocurrency’s upcoming transition from proof-of-work to proof-of-stake. Large hedge funds and other institutional investors

Ethereum Makes 12% Jump to Resume Relief Rally
Ethereum Makes 12% Jump to Resume Relief Rally

Ethereum price is currently seen at $1,613.49, a 12.5% jump in the last 24 hours.. ETH has established support from $1,500-$1,610. The $1,650 price ceiling remains impregnable. The massive selloff has proven short-lived, as most cryptocurrencies are now back at relief-rally levels. In fact, Ethereum made an impressive 12% jump, confirming a solid support zone at $1,500 – $1,610. As witnessed in the chart above, ETH is now changing hands at a relatively stable range just above $1,500. This was not an easy feat to accomplish. As a matter of fact, there were at least two red candles during the

ETH Shows Mixed Signals During Consolidation
Bears Prevail: Ethereum(ETH) Market Sentiment is Bearish

The sentiment for Ethereum falls as the FOMC meeting approaches. The mood of the market for Bitcoin(BTC) and Ethereum(ETH) has turned bearish. There are now more than 84.3 million Ethereum addresses with a non-zero balance. After experiencing an upward trend, Ethereum sentiment has dropped. The market sentiment for Ethereum has turned bearish as the FOMC meeting approaches. In a recent post on Twitter, ETH was trading above $1,640 before it decreased to the lows of $1,540. According to CoinMarketCap, Ethereum is currently the second-largest cryptocurrency by market capitalization of $187,529,952,764 USD with its price sitting at $1,541.04 USD. The market

ETH Shows Mixed Signals During Consolidation
ETH Shows Mixed Signals During Consolidation

Ethereum is displaying mixed signals during its consolidation phase. However, ETH is not oversold yet, which may encourage day traders to buy in. At the time of writing, ETH is changing hands at $1,601.71, according to CoinGecko. Ethereum (ETH) continues to lead the much-needed relief rally, as it continues to establish a strong base right above the $1,500 price mark. However, a couple of signals recently appeared, causing another strong tussle between the bears and the bulls. The collective crypto market has been indecisive in the last couple of days, as Bitcoin and most altcoins are lingering longer than they

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Ethereum Bleeds as Price Nosedives to Nearly $1500

Ethereum breaks its market position Proof-of-Work (PoW) to Proof-of-Stake (PoS) may happen in August ETH may surge to $2k soon Ethereum, the crypto seated next to Bitcoin continues to break its market position. To be specific, ETH dropped its price below $1900 in the past 24-hour with a decline rate of over -6%. This made Lark Davis react in a tweet post, The post stated about the sudden price change of Ethereum, “#ethereum just fell under $1,900!”. This tweet gathered different opinions in the crypto Twitter space, some were surprised while others stated their own opinion about the price crash.