Ethereum Watch

Advertisements contributor Edited By: Saman Waris Posted: September 25, 2024 Share this article Advertisements Ether could rise to the $2,900 level if it maintains itself above the $2,570 level. ETH’s Long/Short Ratio currently stands at 2.023, indicating extremely bullish market sentiment among traders. Ethereum [ETH], the world’s second-biggest cryptocurrency by market cap, is on the […]

Whale activity and a 79% volume surge suggested potential bullish momentum for Ethereum. On-chain metrics remained mixed, but bulls held a slight edge in the Long/Short Ratio. An Ethereum [ETH] ICO participant, who initially gained 150,000 ETH (now valued at $389.7 million), made a significant move by depositing 3,510 ETH ($9.12 million) into Kraken after […]

ETH reclaimed $2500 after last week’s Fed pivot and boosted the ETH/BTC pair.  Per Cowen, ETH/BTC could bottom if the pair reclaims the 50-day MA short-term trend.  The market has shown less interest in Ethereum [ETH] despite the debut of US spot ETH ETF in Q3. ETH declined by 25% in Q3 and hit a […]

The Ethereum weekly close above $2,496 would be an encouraging sight. The long-term downtrend meant a price recovery could be delayed by holders seeking to exit at break-even. Ethereum [ETH] prices rose above the $2,500 mark but the downtrend of the past two months was still in play. The longer timeframes showed that $1,949 and […]

ETH has surged by 9.03% over the last seven days. An analyst eyes further gains if $2200 support level holds. Ethereum [ETH] has recently experienced a strong recovery in its price, trading at $2553 at press time. Advertisements This marked a 5.25% increase over the past 24 hours, thus completing a week-long upsurge. As such, […]

Ethereum’s large transaction surge by 13%, hinting at a looming price action. Over 547,600 ETH worth $1.26 billion hit exchanges, stirring market excitement. In the past three weeks, a total of 547,600 Ethereum [ETH], valued at more than $1.26 billion has been transferred onto cryptocurrency exchanges, according to a renown analyst tweet. Advertisements This significant […]

ETH’s underperformance has dropped to a multi-year low.  Bitwise’s executive remains confident about ETH’s price reversal. Ethereum’s [ETH] relative valuation to Bitcoin [BTC] elicited market concerns earlier this week, as the ETH/BTC pair broke below 0.04 for the first time in nearly four years. Advertisements The pair tracks ETH’s valuation relative to BTC, and its […]

ETH saw its lowest Funding Rate of the year. ETH is trading around the $2,300 price level. Ethereum [ETH] has seen a notable decline in its derivative market, signaling a potential shift in market sentiment. Advertisements However, interpreting this decline can lead to different conclusions depending on how other factors, such as the spot volume, […]

ETH has declined by over 4% in the last 24 hours. A further decline could trigger panic sales from some holders.  Ethereum[ETH] has experienced a notable decline in the last 24 hours, erasing much of the gains accumulated over the past week. Data indicates that Ethereum has been under significant selling pressure, which could lead […]

ETH has declined by 7.95% over the last 30 days. Despite the unfavorable market conditions an analyst is eyeing 48% surge to $3,550. While the crypto market has attempted to recover with Bitcoin [BTC] surpassing $60k levels, Ethereum [ETH] has remained behind. ETH, the second largest cryptocurrency by market cap, has experienced a strong downtrend. […]