Ethereum is showing bullish technical strength, with momentum indicators beginning to tilt back in favor of buyers. After weeks of uneven price action, the ETH/USD chart on the 3-day timeframe is now printing a MACD bullish crossover, a signal that has preceded some of Ethereum’s rallies in the past. The setup is notable because it…
As Iran’s economy continues to strain under heavy sanctions, high inflation, and a weakening currency, many citizens are turning to crypto as an alternative financial lifeline. Related Reading Recent blockchain data shows a sharp rise in Bitcoin withdrawals and transfers to personal wallets, particularly during periods of unrest and internet restrictions. For many Iranians, digital…
Ethereum’s on-chain activity has jumped sharply, driven by a wave of first-time users and heavier transaction flow across the network. According to Glassnode, new activity retention roughly doubled this month — rising from about 4 million to around 8 million addresses — a move that points to a fresh cohort of wallets interacting with Ethereum…
According to ValidatorQueue data, staked Ethereum has climbed to close to 36 million, equal to nearly 30% of the circulating supply. That figure now represents more than $119 billion at current prices. Staking rose from 35.5 million to almost 36 million since early January, even though ETH has fallen more than 30% since August. Related…
Ethereum price started a major increase above the $3,350 resistance. ETH is now consolidating gains and holding the key support at $3,280. Ethereum started a downside correction after a major rally to $3,400. The price is trading above $3,280 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at…
Ethereum is back to trading just above $3,300 per ETH in a slow bullish extension over the past week. After months of wide swings and failed follow-throughs above $3,000, the structure on the monthly timeframe chart is beginning to look bullish in a way that traders should take seriously. A recent technical breakdown shared by…
After its recent price breakout, Ethereum (ETH) is facing its next big test and attempting to turn a crucial area into support. Some analysts have suggested that the altcoin is ready to continue its bullish momentum, arguing that the biggest rotation in years is coming. Related Reading Ethereum Challenges Key Resistance Area On Wednesday, Ethereum…
Standard Chartered has pushed its base-case price target for Ethereum to $7,500 by the end of the year, a big jump from an earlier $4,000 projection. Related Reading According to the bank’s digital assets team, growing demand from corporate treasury buyers and spot ETH products has driven the change in outlook. Bank Raises Ethereum Target…
Ethereum price started a major increase above the $3,320 resistance. ETH is now consolidating gains and might dip toward the $3,280 zone. Ethereum started a downside correction after a major rally to $3,400. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at…
Ethereum’s outlook has been improving its case. After a prolonged period of underperformance and skepticism, the network is starting to exhibit signs of renewed structural and fundamental strength. While BTC continues to anchor the market as the primary store of value and digital gold, conditions are emerging that could allow ETH to outperform BTC over…