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
In a volatile market, true strength is measured by stability. Ethereum has demonstrated precisely that. Following the crash, it has tested the $3,680 support level on four occasions, with each instance resulting in a bounce of approximately 17%. In essence, investor conviction remains steadfast as buyers adopt a defensive stance. Data provides valuable insights into … Read more