Tag: Ethereum Price

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Analyst say Ethereum price could fall to $1,700 if the current climate prevails

Traders warn that ETH price could fall to $1,700, triggering a “turbo nuke” in altcoins and altering the market structure of a struggling bull market. Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and…
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Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its…
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Bitcoin price bounces after Amazon stock gains 15% in US tech comeback

Relief for embattled U.S. tech stocks injects fresh energy in Bitcoin and altcoins, with Ether reaching two-week highs. Bitcoin (BTC) recovered much of its recent losses on Feb. 4, but concerns remained that a retest of $30,000 was incoming. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 remains focal pivot Data from Cointelegraph Markets Pro…
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3 reasons why Ethereum can reach $5,000 in Q1

A mix of technical, macroeconomic and on-chain indicators point toward a price rally in the Ethereum market this quarter. Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a new…
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Kevin O’Leary says his crypto holdings could reach 20% of portfolio

Clearer regulations around stablecoins could make crypto a more viable investment option, according to the “Shark Tank” star. Shark Tank celebrity Kevin O’Leary, also known as “Mr. Wonderful,” has said he would be ready to increase his crypto allocations up to 20% as soon as there are clearer regulations around stablecoins.  O’Leary, a former Bitcoin…
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Ether’s growth as independent asset fuels ETH-BTC flippening narrative

There is growing data to suggest that the coming few months and years could see Ether truly deliver on its ‘flippening’ promise. The narrative surrounding Ether (ETH) of it fast transforming into an independent asset has been around for some time now. However, the last few months have seen this notion gain an increasing amount…
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Small Ethereum investors increase exposure as ETH loses $4K level

The number of Ethereum addresses holding less than 0.01 ETH and 0.1 ETH has been climbing since early November against an ongoing price correction. Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail…
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3 reasons why Ethereum price can drop below $3K by the end of 2021

The bearish setup appears amid growing divergence between the Ether price and momentum. Ethereum’s native token Ether (ETH) reached an all-time high around $4,867 earlier in November, only to plunge by nearly 20% a month later on rising profit-taking sentiment. And now, as the ETH price holds $4,000 as a key support level, risks of…
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Ethereum bulls retain hopes of $10K despite ETH price chart bear flag

Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup. Ethereum’s native token Ether (ETH) looks poised to extend its selloff this week as it wobbles near a key support level of $4,000. ETH price dropped by over 5.50% on Dec. 6 to an intraday low at $3,913. In…
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Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high

The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Ethereum’s native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world’s leading crypto by market capitalization. The ETH/BTC exchange rate jumped a little…
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