Ethereum Next Big Move Incoming? Expert Points To 75% Price Surge Ahead
Ethereum‘s renewed price momentum appears to be slowing down as bears have taken control of the market once again. Despite the waning price strength, several crypto analysts are still bullish about the crypto asset’s trajectory, predicting that ETH could be set to rally in the short term. Ethereum Primed For Explosive Growth The price of […]
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Amid a general crypto market price fall in the past week, Ethereum (ETH) recorded a price correction of over 19.5% finding support at a local bottom of $3,100. Since then, the prominent altcoin has only shown slight resilience rising by over 5% in the past two days. However, recent data on wallet activity provides much cause to be bullish on Ethereum’s long-term future. Related Reading: Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH? Ethereum HODL Addresses Increase Supply Dominance To 16% In a recent QuickTake post, CryptoQuant analyst MAC_D shared some positive....
The XRP price could be on the verge of a significant move, according to stock exchange expert Oliver Michel. Michel points out that XRP is waiting for a catalyst, and the right event could push it much higher. Demand for the digital asset is already building, and if market conditions align, Michel believes the token […]
The Ethereum price has once again crossed the $4,500 threshold, trading just 9% below its all-time high of $4,946, prompting a surge of bullish predictions for the leading altcoin. Bullish Reversal For Ethereum Price Market expert Gert van Lagen took to X (formerly Twitter) to share his insights, suggesting that the Ethereum price is currently following a “textbook” expanding diagonal pattern on its biweekly chart. As seen in the expert’s chart below, this expanding diagonal pattern is characterized by a series of rising trend lines, indicating a potential reversal from a....
Ethereum price gained bids this past week against the US Dollar, and might be preparing for more upsides moving ahead. Key Highlights. Ethereum price enjoyed a decent upside move against the US Dollar, and broke a major resistance area. This past week’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken to open the doors for more gains. The price is currently consolidating in a range, and may be setting up for the next move. Ethereum Price Range. Ethereum price ETH managed to trade a few points higher this past week against the US dollar and....
In every market cycle, the altseason is an anticipated period for investors marked by a general altcoins’ price outperformance against Bitcoin. However, there have been many doubts over an altseason in the current bull run with crypto analysts citing a surge in the number of altcoins over the last four years. Interestingly, Bitwise Chief Investment Officer (CIO) Matt Hougan has backed the potential of a brewing crypto altseason. The key crypto figure and market pundit has stated that certain DeFi developments are pointing to a robust price surge for the crypto market. Related....