Ethereum Live Updates

ETH dives 13% to $3,786 amid sharp technical selloff

Ethereum faced a significant drop of 12.90% today, settling at $3,785.93 as technical indicators raised red flags across the market. The sell-off drove ETH beneath key support levels, igniting a wave of liquidations and algorithmic selling that escalated during the trading session. The ETH price breakdown commenced when the token was unable to maintain its … Read more

Ethereum Live News

Ethereum Nears $4.2K Support as Analysts Stay Bullish

Ethereum experienced consistent outflows from exchanges as it neared the $4.2k support level. A move beyond $4.7k would suggest significant buyer dominance and an intent to pursue new all-time highs. AMBCrypto has suggested that the $6k mark for ETH is closer than it appears. Institutional demand continues to be strong, supporting a confident positive outlook … Read more

Ethereum Live News

Ethereum outflows hint at a supply squeeze as the price nears $5K

The first altcoin has been exiting exchanges such as Binance, indicating that traders are not rushing to sell. As prices maintain a firm position above $4,400 and exchange balances continue to dwindle, the conditions appear ripe for a possible supply squeeze. Should ETH successfully surpass its previous all-time high around $4,950, certain analysts are suggesting … Read more

Ethereum news

Ethereum Soars in Spotlight After BitMine’s $13B Accumulation, Says Tom Lee

Tom Lee’s BitMine Immersion has ramped up its Ethereum holdings to a staggering $13.2 billion. On October 6th, the firm announced that it holds 2.83 million ETH tokens and 192 Bitcoin, in addition to $456 million in cash. BitMine has now positioned itself as the second-largest corporate crypto treasury, following the strategy laid out by … Read more

Ethereum Live News

Ethereum Eyes $7.9K as Solana’s Appeal Strengthens

Since the beginning of October, both Ethereum and Solana have demonstrated significant momentum. The two altcoins, ranked among the top 5 cryptocurrencies by market capitalization, excluding stablecoins, experienced a surge of over 12% in the last week, according to data. From a numerical perspective, Ethereum was targeting the $7,900 price point, just shy of the … Read more

Ethereum Live Updates

“Ethereum Pauses, Bulls Gear Up for Next Rally

Ethereum held steady above $4,450 and initiated a recovery wave. The price is currently trading above $4,500, surpassing the 100-hourly Simple Moving Average. A bullish trend line is emerging, showing support at $4,490 on the hourly chart of ETH/USD, according to data. The pair may maintain its upward trajectory if it establishes a position above … Read more

Ethereum Live News

Ethereum Eyes Q4 Breakout with $5K in Sight

Ethereum’s Q4 breakout is set to face some turbulence ahead. In the previous cycle, Bitcoin surpassed ETH by almost 2x, indicating that BTC dominance continues to be a significant challenge. Institutional players are gearing up for another surge, as significant capital is being funneled into BTC ETFs. ETH is currently at a critical juncture. In … Read more

Ethereum Live Updates

Ethereum Poised for $5,000 Upside as SOPR Trend Signals Breakout

Ethereum has experienced a notable uptrend since September 28, climbing from approximately $3,800 to the mid $4,000 range as of this writing. Recent data indicates that ETH experienced a “reset” in the latter half of September and early October, potentially setting its sights on the $5,000 price level. In a recent post, contributor noted that … Read more

Ethereum Live Today

ETH gains 5% as the Fusaka upgrade enhances throughput

Ethereum is striving for enhanced speed, efficiency, and bandwidth, particularly in anticipation of upcoming tokenization surges and the evolving narrative of internet capital markets. Following the successful deployment of the Pectra upgrade in May, the Fusaka upgrade is advancing seamlessly. On October 1st, the Ethereum protocol team revealed that the Fusaka upgrade has successfully passed … Read more

Ethereum Live News

Ethereum Soars to an Impressive $4,400

Ethereum price held steady above the $4,120 mark and initiated a new upward trend, similar to Bitcoin. ETH price successfully surged past the resistance levels of $4,250 and $4,320. Additionally, a breakout occurred above a significant contracting triangle, with resistance identified at $4,180 on the hourly chart of ETH/USD. The price surged to nearly $4,400 … Read more