Ether prices took a hit on Wednesday, November 19, hitting their lowest point since July as “continued fears” of prolonged losses drove the downward trend, according to analyst Tim Enneking. The world’s second-largest cryptocurrency by total market value has seen a decline, dropping to under $2,870, as reported. Currently, the digital asset is trading at … Read more
Ethereum experienced a decline, dropping to $2,956 on Tuesday, 18 November. However, it has since increased by 5.4% in just one day to hit $3.2k. The Crypto Fear and Greed Index showed a reading of 15 as Bitcoin surged back above the $90k threshold. It seems that despite this minor increase, the general sentiment remains … Read more
Bitcoin and Ethereum faced notable liquidation events as both cryptocurrencies continued their downward corrections. The recent selloff has driven Ethereum beneath the pivotal $3,000 mark, while Bitcoin is currently testing support levels around $92,000, leading to a wave of cascading liquidations in leveraged positions. Ethereum saw a brief dip below the $3,000 mark in today’s … Read more
ETH is currently trading at $3,159.27, hovering near a crucial support level as institutional whales have invested $1.37B amid November’s 12% correction. Meanwhile, 21Shares has introduced new crypto index ETFs. This week, the primary driver behind ETH’s price movement has been substantial whale accumulation observed during the correction in November. Recent data indicates that significant … Read more
Ethereum whales have ramped up their accumulation, with major players making new purchases at the current price levels. Data revealed that the whale known as “66kETHBorrow” has taken out an additional 120 million USDT loan from Aave, subsequently depositing the funds into Binance, presumably gearing up to bolster existing positions. Lookonchain’s tracking showed that the … Read more
Major analysts are expressing cautious optimism in their latest consensus on ETH price predictions, even in light of recent volatility. Reports has unveiled a bold Ethereum forecast, setting a target of $4,295, while anticipates a price of $4,350 by October 2025. The analyst consensus indicates a gradual recovery trajectory, with the majority of ETH price … Read more
For years, Ethereum has held its position as the unrivaled leader in the realm of smart contracts. However, lately, the limits of the empire seem to be coming apart. As Solana accelerates in activity and emerging chains gain traction, Ethereum’s longstanding supremacy might be facing a formidable challenger. The competition is ready to push back, … Read more
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