Ethereum

Ethereum price struggled to clear the $2,750 resistance. ETH is now consolidating near $2,635 and remains at risk of more downsides. Ethereum started a fresh decline from the $2,750 resistance. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $2,695 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it drops below the $2,635 support zone. Ethereum Price…

Crypto analyst Poseidon (@CryptoPoseidonn) has released a detailed price prediction for Ethereum (ETH). His analysis, delivered to his 123,000 followers on social media platform X, revolves around the pivotal $2,160-$1,900 price range which has historically served as a significant high-timeframe (HTF) support since the summer of 2021. ETH Price Analysis: $8,000 Is Possible If … According to Poseidon, Ethereum recently retested what he describes as the “most crucial support level on the chart” after a significant breakout earlier in the…

The post Ethereum Next Target $1,651? Peter Brandt’s Prediction appeared first on Coinpedia Fintech News The overall cryptocurrency market has experienced notable selling pressure following the release of the United States CPI data. Amid this market downturn, the legendary and veteran trader Peter Brandt has gained significant attention from the crypto community as he shared a bearish outlook for Ethereum (ETH). Peter Brandt’s Ethereum Price Prediction Recently, Peter shared a post on X (previously Twitter) stating that ETH breaks down…

Recently, an Ethereum (ETH) whale made headlines by investing in a new cryptocurrency, Mpeppe (MPEPE), at a notable price point of $0.001777. This move has sparked widespread interest, drawing comparisons to the successful trajectory of Pepecoin (PEPE). Let’s explore why this whale’s investment in Mpeppe (MPEPE) is generating buzz and what it could mean for future gains. Ethereum (ETH) Whale’s Strategic Investment: What’s Behind the Move? A Significant Purchase at $0.001777 The whale’s acquisition of Mpeppe (MPEPE) at $0.001777 has…

Goldman Sachs and DRW Capital have revealed over $600 million in combined holdings across spot Bitcoin and Ethereum exchange-traded funds (ETFs). These disclosures, made in recent 13F filings with the US Securities and Exchange Commission (SEC), highlight the growing institutional interest in digital assets. Institutional Giants Drive Bitcoin ETF Growth, Signaling Long-Term Confidence Goldman Sachs reported positions in seven of the 11 available Bitcoin ETFs in the US, totaling nearly $410 million. It has the largest stake in the iShares…

The post Ethereum In Trouble As Gas Fees Drops Sharply appeared first on Coinpedia Fintech News With gas fees having dropped sharply, Ethereum is in serious trouble. This drop in transaction fees is putting validators’ financial incentives in jeopardy and may cause them to leave the network, which could have serious repercussions for Ethereum’s overall stability. Gas fees on the Ethereum network frequently surge during times of high demand like the height of the NFT craze or the launch of…

The post Is Ethereum (ETH) Price Poised for a Major Rebound? Can It Hit $3k? appeared first on Coinpedia Fintech News To regain bullish momentum, Ethereum’s (ETH) price has pumped over 4 percent in the last 24 hours to trade above $2,740 on Wednesday. The top altcoin, with a fully diluted valuation of about $329 million and a daily average traded volume of around $13 billion, has been attempting to close the CME gap between $2,737 and $3,030. Ethereum price…

As historically proven, the start of an altcoin season, or ‘altseason,’ a period marked by the strong performance of alternative cryptocurrencies relative to Bitcoin, often begins following a significant increase in BTC’s price. This phenomenon has been elaborated recently by Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, who has now shared the specific time when the alt season for this cycle could begin. Bitcoin And Ethereum: Key Price Targets To Kickstart Altcoin Season In…

The post Crypto Market News Today: Bitcoin Jumps Above $61,000, Ethereum and Other Altcoins Rise, and SUI Faces Bearish Heat appeared first on Coinpedia Fintech News The crypto market is gearing up. The prices of the top cryptos are rising after fighting the bearish heat for over a couple of days. The global crypto market capitalization has recovered above $2.14 trillion, keeping bullish hopes alive. A notable decrease of over 23% in trading volume has been recorded in the past…