Ethereum Watch

Ethereum, the second-largest cryptocurrency by market capitalization, has surpassed $3,000 for the first time since April 2022. Advertisements Ethereum Price Surpasses $3,000 This surge in value is attributed to a bullish breakout from an ascending triangle pattern observed on the weekly chart in December 2023. Despite the gradual pace of its upward movement, the ascending […]

Advertisements The supply held by non-exchange whale addresses increased significantly in February. The accumulation frenzy could be because of the rapidly rising MVRV Ratio. Ethereum [ETH] broke past $2,900 in the last few hours of trading as positive momentum for the second-largest cryptocurrency persisted over the weekend. The digital asset was trading at $2,907 at […]

Crypto analyst Miles Deutscher has spotlighted several altcoins, with a special focus on artificial intelligence (AI) tokens, that demonstrate strong breakout potential in the current market rebound.  Advertisements ETH On The Rise In a recent post on X (formerly Twitter), Deutscher suggests that the upcoming Ethereum (ETH) Dencun upgrade, along with advancements in the AI […]

Bernstein, a prominent brokerage firm, has recently showcased a bullish outlook on Ethereum (ETH). This perspective aligns with the significant purchase of Ethereum, worth approximately $66 million, by a noted crypto whale wallet – 0x7a9. Advertisements As Ethereum gains momentum, the focus shifts from Bitcoin’s ETF-driven rally to the potential for Ethereum’s institutional adoption and […]

Advertisements Arbitrum’s weekly derivatives transaction volume reached an all-time high in the last week. ARB’s value increased in the last month, but investors’ profits continued to drop. The weekly transaction volume of the derivatives protocols housed within leading Layer 2 network (L2) Arbitrum [ARB] climbed to an all-time high of $18 billion in the last […]

Ethereum price is gaining pace above the $2,800 support. ETH eyes more gains and might surge toward the $3,000 resistance zone. Advertisements Ethereum is consolidating gains above the $2,820 support zone. The price is trading above $2,850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,850 […]

Advertisements Ethereum showed strong bullish sentiment on the price charts. A retest of the range highs would provide an ideal buying opportunity. Ethereum [ETH] saw a minor pullback from $2867 to $2719 from the 15th to the 17th of February. This came after the strong breakout past the range highs at $2.6k, a level that […]

Advertisements Gas price paid per transaction bounced to levels last seen during the memecoin frenzy of May 2023. ETH witnessed a minor retracement in the last 24 hours, dropping below $2,800. Transaction costs on Ethereum [ETH] rose to a 9-month high, spurred largely by the hype in the experimental token standard ERC-404. Users make a […]

A technical indicator shift has sparked predictions of an imminent altcoin surge, with one analyst on X forecasting gains as sharp as those posted in 2017 and 2021. Advertisements This Technical Indicator Just Shifted To Green Taking to X, the analyst said this optimism follows a change in the Gaussian Channel, a technical indicator used to assess […]

Advertisements The unique active addresses metric was yet to break out of a two-year downtrend. Analysis of the liquidation levels showed ETH bulls could be in for a surprise. Ethereum [ETH] has traded within a range since mid-December. This range extended from $2116 to $2614, and its mid-point at $2365 has served as a significant […]