Ethereum leverage nears record highs: Are ETH traders on edge?

Key takeaways Why is Ethereum’s leverage ratio important right now? It’s near record highs (0.6–0.7), meaning traders are heavily leveraged and the market could swing sharply in either directiThe post Ethereum leverage nears record highs: Are ETH traders on edge? appeared first on AMBCrypto.

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Ethereum gains 90% in Q3 - Can ETH breach its 2021 highs?

Key Takeaways Ethereum is at the edge of price discovery with record Open Interest.  Strong FOMO could flip the script into a squeeze instead of a sell-off. We’re only halfway through Q3,The post Ethereum gains 90% in Q3 - Can ETH breach its 2021 highs? appeared first on AMBCrypto.

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XRP’s Recent Collapse Could Force Ethereum Under $200, Analyst Suggests

While Bitcoin, Ethereum, and other top cryptocurrencies are near year-to-date highs, the same cannot be said for XRP. As the chart below depicts, the leading altcoin is trading at $0. 185 as of this article’s writing.

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Crypto market analysis: Bitcoin, Ethereum and Bitcoin SV

Most of the top cryptocurrencies are trading with low highs and higher lows as...

The post Crypto market analysis: Bitcoin, Ethereum and Bitcoin SV appeared first on Coin Journal.

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TOP 3 Price Analysis: BTC, ETH, XRP ? Buyers Showing Last Efforts to Save Bullish Trend

Is the current bounce the last one before Bitcoin (BTC), Ethereum (ETH), and XRP set new local highs?

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The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs

Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it.

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Ethereum Active Addresses Surge to a Two-Year High But They Also Coincide with Market Tops

Currently in the green by 1.07%, Ethereum is trading at $224, up 80% YTD. ETH traders meanwhile are expecting more gains with ETHUSD longs on Bitfinex still near all-time highs. This growth has the USD balance of ETH on the crypto exchange nearly doubling this year which is in exact opposite trend with the Bitfinex’s […]

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Ethereum’s price is bearish despite massive fundamental growth: here’s what’s next

Ethereum has seen its transaction volumes soar, active addresses hit new all-time highs and... The post Ethereum’s price is bearish despite massive fundamental growth: here’s what’s next appeared first on Coin Journal.

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Ethereum Active Address Count Hits 2-Year High, Yet ETH Is Still Bearish

Ethereum’s price is more than 80% below its all-time high above $1,400. Yet this bearish price performance on a macro scale has not stopped users from flooding to the network. Data suggests that usage of the network is starting to reach the highs seen at the peak of 2018’s bubble.

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Majority of Bitcoin Hasn’t Moved in a Year, While BTC Issued on Ethereum Reaches New Highs

Data from on-chain analytics firm Glassnode shows over 61 percent of Bitcoins on the open market have not moved in over a year. In contrast, the usage of Bitcoin-pegged ERC20 tokens has increased.   Bitcoin a HODL or Inherent Risks? On-chain analytics firm Glassnode shows a majority of all Bitcoin has not moved in over aRead MoreRead More.

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Number of Ethereum Hodlers with Wallets Storing 10+ ETH Reaches New ATH

The second biggest crypto, Ethereum, has reached several new major highs in its on-chain fundamental data, showing that investors are holding more ETH than before

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Ethereum (ETH) Daily Transaction Count Blasts Above Yearly Highs, Surpassing 1M

Cryptocurrency investor and dev Nick Cannon is confused by the market ignorance of the huge Ethereum (ETH) network usage upsurge. Some metrics breaking above yearly highs

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Fund Manager: Crypto Could Soon Rally 4,000% to a $10 Trillion Market Cap

Bitcoin and other top crypto assets are trading far from their all-time highs. According to data from TradingView, BTC is trading more than 50% below its all-time high, while Ethereum is down nearly 85%.

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Ethereum (ETH) Price Analysis ? Chances of Reaching $250 Decreasing

Does Ethereum (ETH) have enough strength to set new 2020 highs?

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Ethereum on Unstable Ground Following Immense Overnight Turbulence

Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2.

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There Are Three Fundamental “Waves” That Could End Ethereum Bears in the Long Run

Although Ethereum has embarked on an impressive 170% rally since March’s lows, the cryptocurrency remains more than 80% below its all-time high of $1,430. With such a strong retracement from its all-time highs, there have been some skeptics questioning if ETH will ever hit a new all-time high.

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Ethereum to Target $300 Once it Reaches This Massive Support Zone

Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a...

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Ethereum Forms “Compelling” Bearish Reversal Pattern; Here’s What Could Invalidate It

An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […]

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Breaking Past This Level May Spark a New Ethereum Bull Run

As lauded by a number of top analysts, Ethereum continues to be one of the best performers in the crypto market. Since the turn of the year, the largest altcoin has more than doubled in value. More so, before the worldwide COVID- 19 outbreak, it had found its way into the $300 highs. While it’s […]

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These Factors Show Ethereum is Still Poised to Explode Past Yearly Highs at $290

Ethereum has entered a firm consolidation phase in the time following its recent bout of volatility. This turbulence came about yesterday, with ETH’s buyers propelling it to highs of $255 before it lost its momentum and declined down to lows of $230.

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Ethereum Makes 3rd Attempt at New Highs as Options Skew Turns Negative

Ethereum made its third attempt to set new local highs against its Bitcoin trading pair in 2020 yesterday. This movement has shown signs of being fleeting, however, as the crypto has lost some of its momentum.

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Why Surging Options Volume Can Put an End to Ethereum’s Epic Rally

Ethereum posted an intense breakout rally yesterday that allowed it to set fresh local highs This rally came about rather suddenly, with it coming about prior to any movement seen by Bitcoin or the aggregated crypto market Analysts are now noting that this uptrend may start to falter in the days ahead, as it is currently repeating a pattern that is strikingly similar to that seen in months past This potential weakness comes as Ethereum’s […]

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Here’s the Path Forward for Ethereum to Set Fresh Yearly Highs

Ethereum has been pushing higher throughout the past day alongside Bitcoin and most other major altcoins. This climb has come about after an extended period of sideways trading within the lower-$200 region.

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Ethereum is Ready For Heavy Volatility, And Analysts Predict a Big Rally

It’s been a quiet past few days for Ethereum and the rest of the crypto market. After last week’s correction, prices have settled. ETH is trading about 10% lower than its May highs, which is about the same performance assets like Bitcoin.

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Altcoin roundup: Ethereum, EOS and Ripple

Ethereum, EOS and XRP are three of the top 10 altcoins by market cap but struggled since Bitcoin’s crash earlier this year As Bitcoin staged a remarkable rebound of 150% from its March 2020 lows, most of the altcoin markets rallied in similar trends to hit new recent highs.

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Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates

Ethereum’s price action has been incredibly week in the time following its parabolic movement to highs of $290 in February. It appears that there has been a divergence between the cryptocurrency’s technical outlook and fundamental strength, however, as a key data metric suggests that ETH has built immense underlying strength over the past couple of...

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Ethereum Traders Are Extremely Bullish Despite Multiple Looming Storm Clouds

Ethereum and the rest of the cryptocurrency market have experienced a healthy retracement over the past five days after weeks upon weeks of rallying. From the monthly highs, ETH is down from $227 to $208 — a price correction that is just shy of 9%.

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Ethereum Breached Crucial Resistance, Setting the Stage for a 15-20% Rally: Analyst

It’s been a rocky past few days for Bitcoin, Ethereum, and other top cryptocurrencies. From the monthly highs against the dollar, most digital assets are down 10%. But when measuring the performance of some cryptocurrencies against Bitcoin, some investments are outperforming.

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Ethereum Is Pushing Key Resistance Levels — and It’s Unlikely to Break Through

It’s been a tough week for all cryptocurrencies, Ethereum included. Investors at the start of this week were expecting this nascent market to push to new yearly highs, but their perspective quickly changed when most digital assets plunged by 10% over the course of two days.

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Ethereum’s Macro Technical Structure Signals It Could Rally to $750 in Months Ahead

Ethereum’s immense weakness in recent times may not last for too much longer, as one technical structure suggests the cryptocurrency could be poised to rally higher One analyst is even noting that the crypto could surge up to highs of $750 if this structure plays out This comes as data shows that investors on cryptocurrency exchange platform Bitfinex may have been heavily accumulating ETH throughout the past several months Ethereum’s immense weakness seen throughout the […]

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Ethereum Primed to Sky-Rocket as Long Orders Hit Record Highs

Record long orders in the market make the bullish case for the world’s second-largest cryptocurrency. Ethereum has surged by more than 6% in the past 24 hours, with prices holding above $214 for the third day running.

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Ethereum Longs Reach Stratosphere, Nearing 2% of Total Supply

An incredible amount of eth is currently betting long on just one exchange, Bitfinex, sending it far beyond previous all time highs as can be seen above. An astonishing one... The post Ethereum Longs Reach Stratosphere, Nearing 2% of Total Supply appeared first on Trustnodes.

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Bitcoin Extends Upside Today as Altcoins See Red: Price Analysis

Bitcoin (BTC) has rallied more than 2. 9 percent on the day as the top altcoin market, led by Ethereum (ETH) and XRP, flip red. Bitcoin is bidding to extend its daily gains for a seventh day as bulls push to break above recent highs at $9,500.

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Here’s why Ethereum’s “hodlers” could ultimately fuel an explosive uptrend

Ethereum has seen notable volatility in recent times, primarily stemming from that seen by Bitcoin and many of its other peers. This has allowed the ETH to rally to fresh post-February highs of $230 overnight, although its push up to this level proved to be highly unsustainable and resulted in it declining back into the […] The post Here’s why Ethereum’s “hodlers” could ultimately fuel an explosive uptrend appeared first on CryptoSlate.

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Ethereum Bulls in Serious Trouble as Fractal Forecasts Lower Lows

Ethereum saw a massive rejection from its overnight highs that led it to reel lower today, erasing part of the gains that were incurred during yesterday’s uptrend This has caused the crypto to flash signs of technical weakness, especially while looking towards its Bitcoin trading pair One analyst is also pointing to an extremely bearish XRP fractal pattern that ETH has been closely tracking as a potential reason why lower lows are imminent Ethereum incurred […]

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Bad for Ethereum: 3 Bearish Factors Could Catalyze a Strong ETH Correction

Despite Ethereum’s rejection at $200 and Bitcoin’s similar rejection at $7,800, the cryptocurrency market has held strong over the past 24 hours. Case in point, Ether continues to trade for $194, just shy of the weekly highs and above the $180-190 region, which analysts have identified as a zone of support.

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Here’s How Far Ethereum Could Drop if it Confirms an Ultra Bearish Technical Pattern

Ethereum, like most of its peers, has incurred a slight amount of selling pressure today that has led it to decline from highs of just under $200 that were set yesterday. This tempered move lower comes as the crypto is caught within a firm mid-term uptrend.

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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak

Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […]

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After 90% crash, Ethereum just printed a major cycle bottom: fund manager

Believe it or not, there was a time when a single Ethereum traded for over 0.10 BTC, meaning that you could sell a mere handful of the altcoin and obtain a whole Bitcoin as a result. However, it’s a whole different story today; since the highs set at the peak of 2018’s bubble, altcoins have […] The post After 90% crash, Ethereum just printed a major cycle bottom: fund manager appeared first on CryptoSlate.

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Ethereum Sees “Underlying Issues” Arise as Analysts Grow Concerned

Ethereum has been able to climb all the back up to its local highs of $190 as its upwards momentum continues to build. This movement has come about after Bitcoin was able to gain a solid foothold above $7,500.

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This “Golden Pocket” Could Wipeout Ethereum’s Momentum

Ethereum is rapidly approaching its local highs as bulls begin garnering significant strength There is one “golden pocket” resistance level that could spark a major selloff if ETH is rejected here Some top traders are still noting that they expect this uptrend to extend significantly further The intense uptrend Ethereum incurred yesterday was able to further extend overnight, with the cryptocurrency pushing will into the mid-$180 region as its buyers make a bid at revisiting […]

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This Macro Trend Signals Ethereum Will Soon Reach $40, Notes Analyst

Ethereum has seen all of its recent upswings grow weaker throughout the past several months Underlying weakness amongst ETH buyers could be enough to lead the cryptocurrency to as low as $40-50 by the end of 2021 Ethereum, like Bitcoin and most other cryptocurrencies today, has further extended the downwards momentum that was first sparked yesterday when the crypto lost its recent momentum and declined from highs of $190. This current weakness appears to be […]

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Ethereum Drops 5% from Daily Highs on Heels of Multiple DeFi Hacks

The rapidly emerging DeFi ecosystem has shown some serious signs of promise, with investors directing billions of dollars into the emerging trend while it also being touted by Ethereum advocates as an example of one of the blockchain’s real-world use cases.

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These Q2 Ethereum trends could have heavy influence over its mid-term outlook

Ethereum has seen mixed price action throughout 2020, with the cryptocurrency first incurring a parabolic uptrend in early-February that led it to highs of $290, before it lost its momentum and reeled all the way down into the sub-$100 region in mid-March.

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This Fundamental Trend May Negate Ethereum’s Covert Signs of Weakness

After incurring an incredibly intense uptrend that led Ethereum to highs of over $175 yesterday, ETH has lost some of its momentum and has declined below $170, with this drop coming about concurrently with that seen by Bitcoin overnight.

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XRP & Ethereum Plunge 90% From Record Highs as It Risks Big Correction

Ethereum and XRP would have to rebound to at least $150 to see any possibility of a major recovery.

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Ethereum Classic, DigiByte, Cardano Price: DGB the lone star in a dull market

Despite several technological advancements, most altcoins have failed to breach their previous highs. Instead, most have retraced their steps back to their yearly lows. These altcoins, strongly mimickThe post Ethereum Classic, DigiByte, Cardano Price: DGB the lone star in a dull market appeared first on AMBCrypto.

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This analyst believes Ethereum has a “cursed chart” and that new lows are coming

Ethereum captivated cryptocurrency investors in early-to-mid February of this year, which is when ETH was able to post a massive rally that sent it surging from yearly lows of roughly $125 to highs of $290, which is where its parabolic journey ended.

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Top Trader: Ethereum Positioned to Rally to 2020 Highs After Breaking Key Resistance

Ethereum has been caught within the throes of an intense and unrelenting selloff for the past week, with its capitulatory drop seen last Thursday sending it reeling down from its position in the $200 region to lows of roughly $90.

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