Ethereum Eye Potential Parabolic Upsurge – Here’s The Short-Term Target
With the growing bullish sentiment across the general crypto market, Ethereum is now seeing a renewed uptrend, pushing the digital asset to break above the key $2,600 resistance level. Beneath the ongoing positive price performance, a crypto analyst has underlined the potential for ETH to witness a robust rally in the upcoming weeks. Wild Surge […]
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Following Bitcoin and other top coins, Ethereum is in red, bleeding at spot rates. In summary, Ethereum is down 20% from the May 2024 highs, easily breaking $3,300, as the Bears target is $3,000 in the short term. Ethereum Down But Analysts Are Bullish: Here’s Why However, amid this deluge of sellers, some analysts remain […]
Ethereum‘s performance in the ongoing bull cycle is being considered sluggish compared to other past bull market cycles, where the second largest crypto asset witnessed significant growth within the timeframe. Nonetheless, ETH appears to be regaining upward momentum, showing the potential for a short-term rebound. An Impending Short-Term Surge For Ethereum Rebound hopes for Ethereum […]
While the Bitcoin price stays close to its all-time highs, the Ethereum price has done pretty much the opposite. This failure to perform has put intense bearish pressure on the altcoin market as a whole, and the resulting price action has triggered what is seemingly a bear market for altcoins. Even now, the Ethereum price has not shown any signs of a bullish recovery, with expectations remaining bleak at this level, and analysts predicting further crashes. Why The Ethereum Price Is Headed Below $2,000 Crypto analyst Maddox Metrics has given the short and long-term outlook for the Ethereum....
Bitcoin and the entire cryptocurrency market have been caught within a parabolic advance as of late, with BTC leading the charge as altcoins follow its lead Where the cryptocurrency trends next will undoubtedly depend on whether or not bulls can maintain control of its price action as it approaches $30,000 This rally is nothing short of parabolic, with Bitcoin tapping a half a trillion-dollar market cap yesterday evening One veteran trader is now pointing to […]
Bitcoin market performance has faced a challenging start to the year, marked by a lesser upsurge and more bearish sentiment. Amid these fluctuations, insights from CryptoQuant analyst Avocado Onchain shed light on the current state of Bitcoin’s price movements and the factors influencing them. In a post titled “Bitcoin Price Correction: Short-Term Volatility Amid Long-Term Bullish Outlook,” Avocado analyzed key on-chain metrics, highlighting trends that may define Bitcoin’s immediate and future trajectory. Related Reading: Crypto Liquidations Near $690 Million As Bitcoin, Ethereum....