Ethereum Price Stuck in a Rut but Poised for an Exciting Upside Break

Ethereum price is struggling to clear the $3,840 resistance zone. ETH could gain bullish momentum if it clears the $3,840 and $3,880 resistance levels. Ethereum is holding gains above the $3,720 level. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support near $3,760 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below the…

Talisman Wallet Launches Quests App to Gamify Users’ Rewards Experience in Polkadot and Ethereum

New York, United States, June 5th, 2024, Chainwire Talisman, the ultra-secure multi-chain crypto wallet, has today announced the launch of Talisman Quests, a gamified experience designed to drive user engagement and education in the Polkadot ecosystem. Having recently operated in beta, Quests compels crypto users to create a profile and progress through different levels by accumulating experience points (XP) and unlocking rewards. This progression is gamified with twists, turns, and a hidden story that gradually unfolds as users amass more…

Ethereum Bulls Target $5K Rally in June 2024, Driven by ETF Approvals and Shrinking Supply

Ethereum gained 4% over the weekend to trade above $3,800 but remains stuck below this level, with ETH bulls targeting a rally to $5,000 in June, driven by ETF demand and the consequent shrink in supply. Ether bulls have been withdrawing ETH from exchanges en masse for two weeks now in anticipation of a price boost from the looming launch of Ethereum ETFs. Ethereum started the month on a high, gaining close to 4% over the weekend to peak at…

Ethereum (ETH) Set For ‘Glorious Year,’ Analyst Eyes $10,000 Target

Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. After the approval, the second-largest cryptocurrency has shown a strong performance, consolidating between the $3,700 and $3,800 levels. Some crypto analysts believe ETH is preparing for a crucial test and eye bullish targets above the $10,000 price range…

Guide to High ROI: Solana and Ethereum Surge – Get Furrever Token’s 25% Bonus While It Lasts!

The post Guide to High ROI: Solana and Ethereum Surge – Get Furrever Token’s 25% Bonus While It Lasts! appeared first on Coinpedia Fintech News As the cryptocurrency landscape intensifies, investors are closely monitoring Solana’s ascent toward a significant $200 spike and Ethereum’s gains from surging ETF investments. It’s an opportune moment to elevate your investment portfolio. Seize the chance to receive an additional 25% bonus on your Furrever Token acquisitions for a limited time only. This irresistible incentive aims…

Expert Predictions: Crypto Market Boom with Ethereum Spot ETF Launch

The post Expert Predictions: Crypto Market Boom with Ethereum Spot ETF Launch appeared first on Coinpedia Fintech News Anticipation is high as the introduction of Ethereum spot ETF trading is set to transform the market. Analysts suggest that this development could trigger a significant market surge. The current bullish trend adds more excitement to the mix. Experts are closely watching the potential impact and opportunities that this launch might bring. Investors and enthusiasts are keen to see how this event…

Ethereum Signals Bearish Extension: Is a Short-Term Downtrend Coming?

Ethereum price is showing a few bearish signs below the $3,840 support. ETH could gain bearish momentum if there is a clear move below $3,700. Ethereum extended its decline and tested the $3,700 zone. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support near $3,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is…

Bitcoin and Ethereum Prices Steady Despite Market Fluctuations

While uncertainty surrounds the direction of Bitcoin and Ethereum prices, fundamental factors such as ETFs, halving events, macro conditions, etc. provide confidence for bullish trends ahead. Technical indicators like the Supertrend, moving average crossovers, and the Aroon indicator suggest that both BTC and ETH are currently in bullish trends. The two largest cryptocurrencies. – Bitcoin and Ethereum – have been hovering in a very tight range while the rest of the altcoins have been showing strong momentum. Numerous traders and…

Bitcoin, Ethereum On Exchanges Drop To New Lows, What A Supply Squeeze Would Mean For The Market

Recent data shows that the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges has dropped significantly. This means the largest crypto tokens by market cap could be well-primed for significant moves to the upside, with a supply squeeze imminent.  Supply Of Bitcoin And Ethereum Drop To New Lows BTC ECHO analyst Leon Waidmann shared Glassnode data, which showed that exchange balances for Bitcoin and Ethereum are at their lowest in years. Bitcoin’s supply on exchanges has dropped to 11.6%,…

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