In Brief Ethereum rallies 31.8%, approaching key resistance at $3,327, with whale activity at a 14-week high boosting investor optimism. LTHs are starting to potentially sell, increasing “Liveliness” but risking price pressure if liquidations persist amid bullish momentum. If ETH flips $3,327 to support, it could rise toward $3,524; failure to hold may prompt a…
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In Brief Ethereum (ETH) neared $3,000 but dropped below $2,600; on-chain metrics now hint at a possible trend reversal. Key indicators, like the Taker Buy/Sell and MVRV ratios, suggest ETH may recover, targeting the $2,800 zone. ETH may hit $3,262 in a bullish scenario; however, a drop below $2,345 support could send it as low…
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In Brief ETH price has risen over 7% in a week, though cautious whale activity suggests mixed sentiment. Positive EMA lines hint at a bullish trend, with possible gains if ETH uptrend holds steady. A large outflow of 361,000 ETH from exchanges on Oct. 25 signals long-term holder confidence. Ethereum (ETH) price has climbed more…
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In Brief About $80 million ETH has left exchanges within the last 24 hours, suggesting waning selling pressure. The number of Ethereum addresses holding at least $1 Million has increased, reinforcing the bias. ETH has broken out of a symmetrical triangle, suggesting that the cryptocurrency might rise by 23%. For the first time since September…
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In Brief Ethereum holders transferred about 390,423 ETH to exchanges, valued at over $1 billion. Crypto whales also appears to be selling, according to on-chain data from IntoTheBlock. ETH’s price could drop to $2,440 as bears restrict a further uptrend for the cryptocurrency. The value of Ethereum (ETH) sent into exchanges has surpassed $1 billion…
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In Brief As Ethereum flirts with the $2,700 mark, long-term holders remain hopeful, but short-term holders appear to be losing confidence. Analysts suggest that a break above $2,700 could trigger a significant rally to $3,100, but failure to do so may result in retracement The $2,700 resistance level has become a battleground for ETH; however,…
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In Brief Vitalik Buterin, Ethereum’s co-founder, has registered the dacc.eth domain for defensive accelerationism. Buterin’s idea advocates for a more cautious and democratic approach to technological development. Buterin emphasizes the need for tech growth that maximizes benefits while mitigating risks. Ethereum co-founder Vitalik Buterin has registered the dacc.eth domain name today, months after publishing a…
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In Brief Skepticism about the spot ETF delay led Ethereum-related investments to reach its lowest since August 2022. Exposure to ETH leveraged positions continues to rise, according to a recent research. ETH’s price may decrease to $3,190 as a sell-wall appears between $3,290 and $3,386. Contrary to previous anticipation and predictions, the several spot Ethereum…
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In Brief ENS price has marked a 7% decline in the last 24 hours, trading at $24.8. About $144 million of profits have been lost due to the sharp fall. ENS market top has been formed every time the profitable supply exceeds 90%. Ethereum Name Service (ENS) price has painted a red candlestick on the…
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In Brief Ethereum spot ETFs are pending SEC approval of the S-1 filing registration statements. Analysts believe ETFs might attract significant investments, boosting the price of ETH. Researcher Bobby Banzai predicts these ETFs could see inflows of $569 million per month. The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a…
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