In Brief Michaël van de Poppe predicts Ethereum’s bull run will resume in late 2024 and last into 2025, supported by key resistance tests. The IOMAP data shows robust support at $3,715, setting a foundation for potential rallies to $4,500 in a bullish scenario. ETH price must hold above $3,505 to confirm bullish momentum, with…
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In Brief Ethereum price-DAA divergence has dropped to the negative zone, indicating low activity on the network. Coins Holding Time also decline, suggesting that some ETH holders have sold after the price hit $4,000. Ethereum 4-hour analysis suggests that the cryptocurrency’s value could slide to $3,788 or $3,572. Several Ethereum (ETH) on-chain metrics suggest a…
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In Brief Ethereum’s 30-day MVRV ratio remains at a point far below potential market top, suggesting more upside. Previously dormant coins are also involved in transactions, reinforcing the bullish thesis around Ethereum. Analysis shows that ETH could rally toward $4,000, but could decline to $3,000 if selling pressure increases. Recently, Ethereum (ETH) showed signs of…
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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 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 Ethereum’s price is looking to break out of a descending wedge, which targets the rise at $4,000. The unrealized profits of ETH holders show that there is still considerable optimism among investors. ETH whales are also actively conducting transactions on the network, which could keep the liquidity high. Ethereum (ETH) price is noting a sharp…
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In Brief The Optimism Network plans a temporary suspension of Ethereum withdrawals on February 15, starting at 9:00 ET for essential maintenance. The pause is part of a broader strategy to enhance the network’s defense against security threats through a significant protocol upgrade. The upgrade introduces a Superchain-wide pause mechanism to reduce risks and offer…
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