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Analytics Firm Reveals That Whales are Starting to Accumulate Ethereum

Ethereum has seen some turbulence throughout the past day thanks to its close correlation with Bitcoin While ETH was able to set a fresh post-2017 high yesterday evening, it lost its momentum and has since slid lower It is still showing some signs of strength, however, and where it trends in the mid-term will undoubtedly depend on Bitcoin Despite some uncertainty regarding its short-term outlook, so-called “whales” appear to be confident that upside is imminent […] дальше »

2021-1-1 01:00

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Ethereum is Gearing Up for a Massive Breakout; Here’s How High It May Surge

Ethereum has been seriously underperforming Bitcoin over the past few weeks, which comes as most altcoins lose significant value against BTC ETH has seen a few sharp rises that have helped it to buck this trend and gain some ground against BTC However, it has still been generally unable to keep up with Bitcoin’s massive momentum This trend may not last for long, however, as one analyst is now pointing to a few factors that […] дальше »

2020-12-31 01:00

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Ethereum is About to Test a Key BTC Resistance Level; What Analysts are Saying

Ethereum has finally broken its trend of underperformance against Bitcoin, with the crypto’s recent break above $700 allowing it to gain some ground on the ETHBTC pair This strength does appear to be growing, as the crypto has yet to face any harsh rejection around its recent highs, despite Bitcoin’s potential blow-off top at $28,500 BTC’s ongoing consolidation phase may turn out to be highly bullish for ETH and other altcoins One trader is also […] дальше »

2020-12-30 01:00

Ethereum is Poised to See an Explosive Surge to $850 as Strength Mounts

Ethereum has seen some wild price action over the past few days, with its bulls moving to erase its pattern of underperformance that has plagued its price action The crypto is now sitting firmly above $730 and may be positioned to see even further upside in the coming days This rebound seen against its USD trading pair has also come as it shows subtle signs of strength against BTC as well Weakness on ETHBTC has […] дальше »

2020-12-29 23:00

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Ethereum Likely to Break All-Time Highs in 2021 as Analysts Eye Trend Pivot

Ethereum is struggling to match the momentum that Bitcoin is currently seeing The benchmark cryptocurrency has been gaining tremendous ground over Ethereum and the rest of the crypto market, with altcoins being unable to match its growth This has put any hopes of an imminent “altseason” on pause, with BTC dominance continuing to rise daily Ethereum’s performance against its Bitcoin trading pair has been quite dire as of late and may indicate that downside is […] дальше »

2020-12-27 00:00

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Ethereum Could Form a Massively Bullish Pattern if Bulls Defend Key Level

Ethereum saw an incredibly intense decline yesterday that sent its price plunging to fresh multi-week lows This selloff came about in tandem with the flash crash seen by the entire altcoin market, which may have come about due to XRP’s 50%+ one-day decline Other major altcoins – like Chainlink – posted massive losses that resulted in deep downwards wicks on their candle charts, likely due to on-chain short liquidations ETH is now in the process […] дальше »

2020-12-27 01:00

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Analyst: Ethereum Likely to Begin Outperforming Bitcoin as Strength Mounts

A trend of underperformance against Bitcoin has plagued Ethereum as of late, which has caused buyers to show signs of capitulation Where the ETH trends in the mid-term should depend largely, if not entirely, on whether or not BTC continues rising in isolations Bitcoin’s massive rise as of late has not done much to boost altcoins, as many are still showing signs of weakness at the moment This weakness has been apparent while looking towards […] дальше »

2020-12-24 01:00

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Ethereum Recovers from the “Brink of Death” as Bulls Ignite Strong Recovery

Ethereum saw a strong and grave selloff overnight that drove its price down to lows of $585 This is around the price at which the cryptocurrency was able to find some strong support that gave rise to it forming what has since resulted in a “V-shaped” recovery Where it trends in the mid-term should depend largely on the follow-through of this recovery, as a strong rebound from here could confirm that these lows will mark […] дальше »

2020-12-24 01:00

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Ethereum’s Bullish Trend May Not Stop It from Seeing a Strong Correction: Analyst

Ethereum and the entire cryptocurrency market have been facing some immense turbulence throughout the past few days and weeks The selling pressure seen by the cryptocurrency within the upper-$600 region has been quite intense, and may cause it to face continued weakness One trader is now noting that where the market trends next will depend mostly, or entirely, on Bitcoin He notes note that he is looking for ETH to see a strong correction over […] дальше »

2020-12-23 01:00

Ethereum has Reached a Key Demand Zone as Analysts Eye Parabolic Move

Ethereum’s price has reached a key demand zone following an extended period of weakness against Bitcoin This demand zone is so far proving to be a strong support level for the cryptocurrency, but it still has a long way to go before it can gain any significant ground against Bitcoin One trader is now noting that it is only a matter of time before ETH’s price rockets higher He points to the strength of its […] дальше »

2020-12-21 01:00

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Analyst Who Called for $650 Ethereum Thinks This is Coming Next

Ethereum has been lagging behind Bitcoin as of late, not being able to match the immense gains seen by the benchmark cryptocurrency This trend has come about due to Bitcoin sucking the oxygen out of the room, with the benchmark crypto outperforming just about every major altcoin as of late If this trend persists, Ethereum could continue posting relative weakness on its BTC trading pair, hampering the growth it sees against the dollar as well […] дальше »

2020-12-20 01:00

Analyst Expects Ethereum to See Massive Gains as It Taps “Final” Demand Zone

Ethereum’s price action has underperformed that of Bitcoin as of late, which is a common trend amongst all the major altcoins There’s no question that BTC’s ongoing rally is creating some tailwinds for altcoins, although it has not been enough to spark any parabolic ETH movement This has caused the cryptocurrency to flash some major signs of weakness against its Bitcoin trading pair, which is now sitting within a key long-term demand zone One analyst […] дальше »

2020-12-19 23:00

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Ethereum Breaks Out of Bullish Triangle as CME Futures Listing Boosts Price

Ethereum saw a massive rally today that has allowed its price to firmly break above $600, which has long been a resistance level Following the break above this resistance, the cryptocurrency rallied as high as $630 before its rally got overextended and resulted in it retracing down towards $615 It is recovering from this pullback, but the price just above where it is currently trading at may persist as a strong resistance level in the […] дальше »

2020-12-17 00:00

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The Future of Altcoins May Depend Entirely on Ethereum’s Reaction to a Key Level

It’s no secret that Ethereum holds heavy influence over the altcoin market, with its price swings and general trend often influencing that of smaller altcoins Where they trend in the near-term may largely depend on Ethereum’s reaction to $600, as this has long been a key level for the cryptocurrency that has hampered its growth Breaks above here have been fleeting, with sellers largely controlling the region between $600 and $620 A firm break above […] дальше »

2020-12-16 00:30

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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […] дальше »

2020-12-15 23:00

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Parabola Imminent: Ethereum’s Accumulation Range was Bigger Than BTC’s

Ethereum is rapidly approaching the crucial $600 level that has long been a pivotal point for its various trends This level has held strong on multiple occasions as resistance, which would make any break above it technically significant One trader is now noting that a serious move higher could be imminent for Eth in the near-term He points to a macro accumulation range that Ethereum is just starting to exit, noting that it was within […] дальше »

2020-12-14 01:00

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Ethereum is Beginning to Look “Perfect” as Sellers Show Signs of Exhaustion

Ethereum and the entire cryptocurrency market have seen some tempered gains throughout the past few days The selling pressure brought about by Bitcoin’s recent break below $18,000 has dissipated as bulls take back control of the cryptocurrency Where ETH trends in the mid-term should depend largely on BTC, as the benchmark crypto has been in full control of the entire market One trader is now noting that Ethereum is looking poised to see some major […] дальше »

2020-12-13 01:00

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Analyst Claims Ethereum is Almost Ready to See a Massive Markup to $800

Ethereum has been struggling to break free of its connection to Bitcoin, with the benchmark cryptocurrency having massive control over its price action This has so far been quite bearish for ETH, as it has caused the cryptocurrency to see notable losses on multiple occasions Where it trends next should depend largely on whether or not bulls and bears can hold BTC above $18,000, as a dip below this level could be grim One trader […] дальше »

2020-12-11 23:00

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Ethereum Could Explode Higher if Bulls Defend This Newly Formed Support

Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […] дальше »

2020-12-10 23:00

Despite Ethereum’s Breakdown, a Massive Rally Could be Right Around the Corner

Ethereum has been closely tracking Bitcoin’s price action over the past couple of weeks, which has opened the gates for it to see some serious weakness Where it trends in the mid-term will depend largely on whether or not bulls can eventually surmount $600 This has proven to be a crucial price region for ETH, and its sustained bout of trading beneath it may strike a serious blow to bulls One trader is now noting […] дальше »

2020-12-9 23:00