Ethereum Price

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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

Ethereum-Bleeds-as-Price-Nosedives-to-Nearly-$1500
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.

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Ethereum Fees Now at July 2021 Lows of $2.54

Ethereum network fees currently sit at an average of $2.54. This amount is the lowest that the network witnessed since July 2021. Historically, ether (ETH) price would surge whenever the gas fee falls below $5. Ethereum users may find some consolation despite the current crypto winter, as gas fees for the network currently sit at an average of $2.54. According to Santiment, this is the lowest gas fee that the network has witnessed since July of last year. As explained by the on-chain metrics site, the price of ether (ETH) would generally increase after the average transaction reaches below $5. 

Ether Exceeds $3,000 After Struggling in Last 2 Weeks
Ether Exceeds $3,000 After Struggling in Last 2 Weeks

Ether reached $3,000 after struggling since the last two weeks. After a short spike early this month, ETH went up and down at $2,400-$2,800. Crypto research firms are very bullish with ETH movement. Ether (ETH), the second most valuable cryptocurrency by market capitalization in the world, surpassed $3,000 for the first time since March 2. During March, ether has mainly wandered around $2,400-$2,800. That is, except for the short spike above $3,000 early this month and today’s climb. At the time of writing, ETH is running at around $3,012, portraying a 5.8% growth in the last 24 hours. This movement

Ethereum Stuck at Sub-$3K Amid Buterin’s Ukraine Tweets
Ethereum Stuck at Sub-$3K Amid Buterin’s Ukraine Tweets

Ethereum is struggling to break past the $3,000 ceiling despite touching it briefly. In late January, Ethereum displayed the Death Cross signal. Vitalik Buterin has been outspoken in his condemnation of Russia’s aggression toward Ukraine. Ethereum appears to be struggling to earn the similar media appeal of Bitcoin amid its failure to hold the $3,000 key price ceiling. This is also despite the crypto market seeing signs of recovery from a multiple-day bloodbath due to the Russia-Ukraine crisis. As seen on the chart above, Ethereum’s one foot is already inside the $3,000 territory. It briefly touched the area before being

Ethereum Struggles Below $4k, Analysts Still Optimistic
Ethereum Struggles Below $4k, Analysts Still Optimistic

ETH fails to smash its resistance level Ethereum remains one of the investors favorite crypto The crypto world continues to maintain its uptrend position despite the market’s wild volatility. Ethereum is one of the solid digital assets in the space that keeps its fight against the bearish markets. This aggressive performance of the crypto made analysts and investors in the space monitor its achievements. This made The Wolf Of All Streets react in a tweet post, The Wolf Of All Streets explained that the Ethereum crypto failed to smash its resistance level. “ $ETH was temporarily rejected at resistance like

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ETH Overtakes $3,000 New ATH, Smashes Nestle and P&G Marketcap

Ether overtakes the bullish price of $3,000. ETH beats Nestle and P&G Market Cap Many also believe that the 2021 altseason has indeed arrived. Ethereum is now playing above the $3,000 field, as its recent performance has left Bitcoin and other altcoins in the dust. This made crypto enthusiast Funky react in a tweet post: Indeed, Funky’s reaction over Ethereum is true, as the crypto shows no sign of stopping its price boost. Along with this price boost, the ETH market cap increased to almost $400 billion. As a result, ETH overtakes the market capitalization of Nestle and P&G. Indeed,