Tom Lee states that Ethereum could emerge as the near-term leader in the crypto market, with a target of reaching $12,000 by January, driven by market’s tokenization efforts and increasing growth expectations for smart-contract platforms. In an interview released on Nov. 10 with Tom Nash, Lee highlighted that although Bitcoin is still under-owned, “there’s a … Read more
Ethereum is currently going through a rather quiet phase. Network demand has dropped significantly, leading to gas fees nearing zero. Even with the ups and downs of the market, there is still a steady growth of capital in stablecoins, and major holders are steadfast in their investments. Is ETH about to experience a significant surge, … Read more
ETH is currently trading at $3,559.22, reflecting a 5.5% increase over the past 24 hours. Market activity driven by technical indicators, with no significant catalysts in sight. Price has surged past the 7-day SMA at $3,432, currently testing the middle Bollinger Band. Bitcoin correlation continues to hold firm amid the broader crypto market rally. ETH … Read more
Ethereum experienced a modest increase of 5% during the latest market rebound, following the liquidation of shorts that were positioned at the bottom. The market showed signs of a possible turnaround, as major shorts were at risk of being forced out. The surge of buy orders from large investors and institutions, along with shifting sentiment, … Read more
Ethereum is currently priced at $3,438.16, reflecting a slight daily increase of 2.12%. Analysts are increasingly aligning their forecasts, suggesting substantial upside potential for ETH in the upcoming two weeks. This in-depth ETH price prediction analysis investigates whether the existing technical framework backs these optimistic forecasts or if traders need to brace for additional declines. … Read more
Ethereum faces challenges in its competition with Bitcoin. In the past two weeks, ETH has shown volatility that is twice as much as BTC. As we near the end of the year, the difference is clear: Bitcoin has cut its losses to 9.41%, while Ethereum has seen a drop of 18%. The ETH/BTC ratio saw … Read more
Ethereum’s network is experiencing a resurgence, breaking speed records and attracting significant actions from prominent investors. As large investors take advantage of the price drop, might this increase indicate the start of Ethereum’s next significant rise? The Ethereum ecosystem has broken its previous TPS records. The Ethereum ecosystem is now achieving remarkable heights. Data recorded … Read more
Ethereum has experienced a significant decline of 5.46% in the past 24 hours, currently valued at $3,330.10. This drop could suggest that the asset is undervalued, possibly setting the stage for a significant rebound in price. This comprehensive ETH price analysis explores the most recent technical indicators and analyst predictions to determine if Ethereum is … Read more
Ethereum appears to be experiencing front-running activity. The pivotal inquiry isn’t whether it can hit $6,500 in the near future, but rather if traders are already factoring it into their strategies. Major holders are back in action, and the supply on exchanges is decreasing. Institutional investors are making their moves ahead of the curve, while … Read more
ETH is currently trading at $3,827.61, reflecting a decrease of 1.16% over the past 24 hours. Price action is being driven by technical consolidation, as there are no significant catalysts at play. Currently assessing the middle Bollinger Band support at the $3,820 mark. In the wake of widespread crypto market weakness, the correlation with Bitcoin … Read more