Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ethereum
Ethereum Is Flat, and Whales Selling: More Pain to Follow?
Ethereum is struggling for momentum and remains under immense selling pressure. As of writing, the second most valuable coin is inside a narrow range, trending within the $2,100 on the lower end and $2,800 on the upper end. The local resistance level could mark the start of an impressive leg up, relieving the coin of the current sell grip from early August. Ethereum Whales Selling Although supporters are upbeat, expecting the coin to trend higher, breaking above local liquidation lines…
10 months ago
Key Metric Predicts More Trouble for Wobbling Ethereum (ETH), Newcomer Altcoin Braces for 1,700% Bull Move in 2024
Ethereum (ETH) has recently faced significant volatility. Amidst a broader market crash in early August, ETH experienced a sharp decline of about 30%, plummeting to $2,220. Despite showing resilience in the weeks that followed, climbing back into the $2,600 price region, the altcoin's future remains uncertain. Recent analysis suggests that Ethereum might face further price troubles, while a promising newcomer, MoonTaurus (MNTR), is preparing for a remarkable 1,700% bull move in 2024. Ethereum’s Recent Performance and Challenges Ethereum, the second-largest…
10 months ago
Ethereum Metrics Turn Positive: Can This Drive A New ATH Above $5,000?
The worst looks to be over for Ethereum (ETH), as certain metrics suggest that the bottom is already in for the second-largest crypto by market cap. Based on this, ETH looks to be headed for a new all-time high (ATH), surging past its current ATH of $4,800. Ethereum MVRV Shows Bottom Is In Data from the onchain analytics platform Glassnode shows that Ethereum’s market value to realized value (MVRV) lowest pricing level is at $1,687, which suggests that the bottom…
10 months ago
Ethereum (ETH) Investors Believe This New ETH ICO Will Rock The Crypto Market
The cryptocurrency market is no stranger to groundbreaking developments, but the buzz surrounding the latest Ethereum (ETH)-based ICO, Mpeppe (MPEPE), suggests that something truly special is on the horizon. Ethereum (ETH) investors, known for their keen eye on innovative projects, are increasingly optimistic that Mpeppe (MPEPE) could be the next big thing to rock the crypto market. Here’s why this new ICO is capturing the imagination of ETH holders and what it could mean for the future of digital assets.…
10 months ago
Ethereum Price Outlook: $3,000 Breakthrough on the Horizon as Meme Coin Market Readies for Major Gains
Ethereum is on the edge of a significant price breakthrough, with the $3,000 mark in sight, driven by recent market trends and renewed investor confidence. As Ethereum prepares for this potential surge, the meme coin market, including rising stars like MoonTaurus (MNTR), is also gearing up for substantial gains. MNTR, a new player in the crypto space, is capturing attention with its promising performance and the potential for significant returns, making it a focal point for investors seeking the next…
10 months ago
A Complete How-To for Safe Ethereum Casino Gambling in 2024
For those who are unfamiliar with the idea, navigating the world of Ethereum casino gaming may be both thrilling and intimidating. Ethereum has gained appeal as a cryptocurrency due to its ability to provide gamers with a more secure and decentralized online gaming experience. But there are a lot of hazards and factors to take in mind, and the terrain can be complicated. This article is intended to assist you in entering Ethereum casinos securely and confidently. It offers you…
10 months ago
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EthereumPectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs?
As the cryptocurrency market continues to navigate a mixed period of price stagnation and volatility with no clear path forward, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network. Scheduled for the first quarter of 2025, this major upgrade is gaining significant attention from bullish analysts who believe it could be the catalyst to propel Ethereum’s price to new heights. A Potential Gamechanger For Ethereum? According to decentralized finance (DeFi) researcher DeFi Ignas, optimism is…
10 months ago
Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn
Ethereum, the second largest cryptocurrency by market cap has been experiencing a prolonged period of price correction, leaving investors and traders questioning when the crypto asset will regain its upward momentum. As a result, an analyst from CryptoQuant has analyzed ETH’s on-chain metric and is now suggesting that Ethereum might be nearing the end of this correction phase, potentially setting the stage for a bullish turn. Metrics Signalling End Of The Slump According to the post by the CryptoQuant analyst…
10 months ago
An Ethereum Whale Has Joined The Memecoin World With Pepe Unchained and Mpeppe
The cryptocurrency world is no stranger to dramatic shifts, with investors constantly seeking new opportunities to maximize their gains. Recently, a significant move by an Ethereum whale has sent ripples through the meme coin market. This influential investor has chosen to dive into the memecoin world by investing heavily in both Pepe Unchained (PEPU) and Mpeppe (MPEPE), signaling a vote of confidence in the potential of these rising stars. Pepe Unchained: A Beacon of Resilience in a Volatile Market Pepe…
10 months ago