Ethereum Breaks Key Resistance: Will ETF Inflows Help ETH Sustain Above $4,300?
Currently trading near $4,380, Ethereum (ETH) recently broke above the $4,400 resistance level, a move that has fueled renewed optimism among investors despite a minor pullback. Related Reading: Can The Shiba Inu Price Reach $0.00008 ATH Again? What The Volume Levels Say The boost occurred as crypto ETF inflows increased, institutional interest grew, and market […]
Related News
Ethereum gained pace above the $2,550 resistance zone against the US Dollar. ETH price is trading in a positive zone and it could rally if it breaks the $2,750 resistance. Ethereum is slowly moving higher and it broke the key $2,500 resistance zone. The price is now trading well above $2,500 and the 100 hourly […]
Ethereum is once again in the spotlight as it battles volatility after breaking multi-year highs and testing heavy resistance just below $4,800. The rally has brought ETH within striking distance of new records, but the retrace shows that sellers are not giving up easily at these critical levels. Despite the pullback, institutional demand continues to surge at an unprecedented pace, providing strong support for the asset’s long-term outlook. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records In recent weeks, Ethereum ETFs have reported massive....
According to data from SoSoValue, the Ethereum spot ETFs saw another strong week of bullish trading activity in the third week of September, recording $556.92 million in net inflows. While the figure is slightly below the $637.79 million inflows registered during the second week, the performance underscores sustained investor appetite for Ethereum exposure through regulated […]
Institutional investors had been showing bearish sentiment towards Ethereum for the longest time. The second-largest cryptocurrency by market cap, which had initially caught their attention, was not doing as well as expected, and the outflows that followed were massive. However, it looks like sentiment among these large investors is beginning to turn positive as Ethereum has begun to record inflows. Ethereum Inflows Balloons Over the last several weeks, Ethereum inflows have been ramping up. Although they were nowhere near the volumes that had been recorded during the bull market, it had....
Ethereum extended its upward move above the $2,750 resistance zone against the US Dollar. ETH price is showing positive signs and it could rise towards $3,000 or even higher. Ethereum extended its recovery wave above the $2,650 and $2,750 levels. The price is now trading above the $2,700 support and the 100 hourly simple moving […]