As the crypto market bounces, a key indicator has flashed a key bullish signal on the Ethereum (ETH) daily chart, suggesting the end of its six-month downtrend could be near. However, some analysts have warned investors of a possible bull trap and a subsequent reversal to new lows. Related Reading Ethereum Eyes Trend Reversal Ethereum…
Ethereum price started a major increase above the $2,250 zone. ETH is now showing positive signs and might aim for more gains above $2,400. Ethereum started a steady upward move above the $2,250 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with…
Ethereum has posted its strongest single-day performance in weeks, jumping roughly 10% over the past 24 hours to trade above $2,300 and extending a seven-day rally of nearly 16%. The move marks a decisive reclamation of the $2,000 psychological level that ETH had been struggling to hold throughout early March. Bitcoin has had a strong…
Ethereum has reclaimed the $2,200 level as the broader cryptocurrency market shows signs of short-term strength following several weeks of volatility and uncertain momentum. The move higher suggests that buyers are attempting to regain control after a prolonged corrective phase, even as macroeconomic conditions continue to weigh on risk assets. Related Reading However, a recent…
Ethereum is showing sparking strength as it outpaces the broader crypto market with a sharp +10% bounce, pushing price back above key technical levels and reigniting bullish momentum. According to Brave New Coin data, Ethereum is currently trading near $2,332, with daily trading volume exceeding $37 billion. Ethereum was trading at around $2,330, up…
At the time of writing, Bitcoin (BTC) trades in the highs $73,000, outperforming both equities and gold in late‑quarter trading. A Late-Quarter Bitcoin Plot Twist Tensions around Iran and the Middle East are intensifying, yet BTC is rallying. According to a QCP Market Colour from today, we might be bracing for “a late-quarter plot twist”…
The Bitcoin and Ethereum prices continue to struggle, with BTC dropping to as low as $70,000 over the weekend. This comes as tensions between the U.S. and Iran continue to escalate, with no sign of a ceasefire happening anytime soon. Bitcoin and Ethereum Prices Struggle as Iran War Drags On Bitcoin and Ethereum prices remain…
Ethereum price started a major increase above the $2,150 zone. ETH is now showing positive signs and might aim for more gains above $2,250. Ethereum started a steady upward move above the $2,150 zone. The price is trading above $2,150 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with…
The Ethereum Foundation has completed a direct sale of 5,000 ETH to BitMine Immersion Technologies, the publicly traded treasury firm chaired by Fundstrat’s Tom Lee, in an over-the-counter transaction valued at $10.2 million. The transaction comes at a time when large investors appear increasingly comfortable accumulating Ethereum during the current price range, with on-chain data…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…