Ethereum Analysis

Ethereum’s price has risen by 7.5% over the past week, showing signs of building momentum toward the $4,000 mark. A golden cross, a bullish technical indicator, and an RSI currently at 63.6 suggest the potential for continued gains. However, the market remains at a critical juncture where support and resistance levels will shape its trajectory. […]

Ethereum (ETH) has experienced a solid 65% gain this year, but its price growth has been overshadowed by Bitcoin (BTC) and other major cryptocurrencies like Solana (SOL) and XRP. Despite this, analysts are increasingly optimistic about ETH’s future, with some predicting that the second-largest cryptocurrency could soon reach significant price milestones. Though Ethereum’s price rise […]

A crypto market observer predicts a potential drop for Ethereum (ETH) compared to Bitcoin (BTC) while expressing optimism about Solana (SOL). $ETH lol…this is the chart I had months ago. The true $ETHBTC bottom is probably at like 0.025-.03 pic.twitter.com/W2Zrn9lR9B — Altcoin Sherpa (@AltcoinSherpa) November 20, 2024 The analyst, known as Altcoin Sherpa on social […]

Ethereum’s recent market performance is raising alarms among analysts. Starting October at $2,400, ETH reached $2,500 by November, but experts now predict a potential decline of $1,000. The cryptocurrency has seen a 5.30% drop in the last 24 hours, reflecting broader market corrections. Analyst Peter Brandt highlights a bearish trend, noting an unmet target of […]

Recently, Ethereum failed to overcome the $2,450 resistance, which led to a drop below $2,400 and $2,350, with a short-term low of $2,253. Although it has attempted a minor recovery above $2,285, it is still below the $2,310 level and its 100-hour simple moving average (SMA). Resistance is building at $2,300 and the major barrier […]

Crypto analyst Benjamin Cowen has shared a cautious outlook for Ethereum (ETH), highlighting that the cryptocurrency is currently trading around 40% below its March 2024 peak. Cowen indicated that Ethereum might decline further by at least 5% relative to Bitcoin (BTC). When analyzing the ETH/BTC chart, Cowen noted that Ethereum is likely to find a […]

Despite the approval of the Ethereum ETF, the ETH price has remained stagnant over the past two weeks, hovering between $3,700 and $3,840. This lack of movement raises questions about Ethereum’s impact on the market, especially when compared to the bullish trends seen in other cryptocurrencies. However, technical factors suggest a potential rally for Ethereum […]

Ethereum (ETH) has been in a downtrend since falling below $3,000 six weeks ago, signaling a potential continuation of the correction. Reports hinting at a possible rejection of applications for a spot U.S. Ethereum ETF added to market pessimism. Analysts predict even lower prices for Etherium if these ETF applications are rejected, in line with […]