Ethereum is showing signs of short-term exhaustion after a strong impulsive rally. Although the buyers have managed to break through major resistance levels, the price is currently stalling around a key structure and could be at risk of a local top if momentum fades. Technical Analysis The Daily Chart ETH has decisively broken above the […]
Ethereum Price Analysis: What Lies Ahead for ETH on its Way to $3K? Read More »
TL;DR Ethereum’s massive exchange outflows and increased whale accumulation fuel optimism for a continued uptrend. However, ETH’s RSI on the daily scale has climbed to 71, entering overbought territory and signaling a potential short-term correction. Ready for Another Catapult? The second-biggest cryptocurrency has taken center stage lately, with its valuation soaring in the past few
Could This Massive Move Ignite Another Price Rally? Read More »
On May 14, the Ethereum Foundation announced the “Trillion Dollar Security Initiative” with the ambition of making Ethereum “civilization-scale infrastructure that securely underpins the internet and global economy.” The core goal is to upgrade Ethereum’s security to a level where billions of individuals would feel comfortable storing more than $1,000 each on the network, which
Ethereum Foundation Announces Trillion-Dollar Security Initiative Read More »
Ethereum (ETH) has roared back into the spotlight with a vengeance, surging over 49% in just 6 days to briefly flash past $2,700, a price point not seen since February 23. The rally, which began on May 7 after ETH bottomed near $1,800, has reignited talk of the long-dormant “flippening” narrative, in which Ethereum could
Ethereum’s 49% Rally in 6 Days Catches Doubters Off Guard: Santiment Read More »
After a testing start to the year, Ethereum (ETH) is roaring back to life, notching a surge by more than 44% in just three days. The rally, which saw ETH climb from $1,800 to over $2,600, marks the asset’s strongest three-day performance since January 2021. Institutional Accumulation The price jump also coincided with a series
Ethereum Soars 44% as Abraxas Capital Pulls 185,309 ETH From Exchanges Read More »
