Ethereum seems to be at a critical juncture in its trading activities, as it forms a bearish triangle pattern on the charts. This pattern suggests a potential significant breakout, with the cryptocurrency possibly declining sharply towards the $2,160 support level. In the past 24 hours, Ethereum has experienced a 2.11% increase, reaching approximately $2,642. The
Ethereum
Ethereum (ETH) faced a significant downturn at the beginning of the past week, with its price plummeting to $2,112 on August 5, marking the largest market slump of the year. However, the digital asset has since staged a modest recovery, reclaiming the crucial $2,600 level and showing signs of aiming for the $3,000 milestone once
The latest data from crypto asset manager CoinShares reveals a significant uptick in investor confidence in the crypto market. According to the ‘digital asset fund flows weekly report,’ last week saw a total of $176 million in inflows into digital asset investment products. Specifically, Ethereum products have distinctly stood out, attracting the majority of these
In the realm of cryptocurrency, there exists a writer named Opeyemi who is not just proficient, but also incredibly enthusiastic about this exciting and unique market. Despite not initially choosing the digital asset industry, Opeyemi has found himself completely drawn to it for over two years now. His passion lies in unraveling the complexities of
The debate between Ethereum (ETH) and Solana (SOL) has been reignited by a crypto analyst who has carefully evaluated the two cryptocurrencies to determine which one is superior. In a recent analysis, the analyst highlighted the strengths and weaknesses of both Ethereum and Solana, ultimately coming to a conclusion about which one holds the upper
Ronaldo, a seasoned crypto enthusiast, has dedicated over five years to researching and understanding the complexities of the cryptocurrency industry. His journey began with a spark of curiosity that quickly evolved into a deep passion for unraveling the intricacies of blockchain technology. Ronaldo’s expertise lies in technical analysis, where he believes that studying charts and
The recent upheaval in the cryptocurrency market has sent shockwaves through the industry, with major digital assets like Bitcoin and Ethereum experiencing a significant drop in value. The sudden sell-off, which saw prices plummet by over 20%, has left many investors reeling and searching for answers. At the center of this storm is Justin Sun,
Opeyemi is a dedicated and skilled writer who has found his calling in the dynamic world of cryptocurrency. While he did not initially plan to enter the digital asset industry, Opeyemi has wholeheartedly immersed himself in the realm for over two years now. His passion for unraveling the complexities of blockchain technology and staying abreast
Recently, two market experts made bold predictions regarding the price target for Ethereum. One of them, Ethereum maximalist Adriano Feria, stated that the second-largest crypto token could potentially reach up to $100,000. This ultra-bullish forecast aligns with predictions made by financial institutions, indicating a growing confidence in Ethereum’s future performance. Initially, Ethereum developer Eric Conner
Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows. Roman mentioned during an interview with Hall of Flame that he doesn’t see
