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Ethereum News
TechBullion
1h
220
Image Credit: TechBullion
Ethereum Bull Flag Breakout Over $2,800 Points To $4,200 Rally — Analysts Spot $0.00000035 Token As Next Big Trigger
- Ethereum (ETH) breaks out of a bull flag pattern, aiming for $4,200 with increased investor optimism.
- Analysts are now looking at FloppyPepe (FPPE), a $0.00000035 token with AI technology, as the next big trigger.
- Ethereum (ETH) displays strength in technical setup with a bull flag breakout structure, targeting $4,100-$4,200.
- FloppyPepe (FPPE) gains attention in its Stage 2 presale with AI features, offering an 80% bonus on purchases.
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Cryptopotato
1h
99
Image Credit: Cryptopotato
Recent Cardano (ADA) Developments, Interesting ETH Price Predictions, and More: Bits Recap May 30
- The SEC delayed its decision on Grayscale’s spot ADA ETF, while whales accumulated millions of tokens last week.
- Despite short-term volatility, ETH is up 45% monthly, with analysts forecasting a push beyond $3,000 in June.
- XRP has surged 322% over the past year, but with 98% of its supply now in profit, Santiment warns of a higher risk of profit-taking and a possible short-term correction.
- Key updates include the SEC's delay on Grayscale's ADA ETF decision, ADA whales accumulating tokens, potential bullish momentum for Cardano, ETH's monthly rise and price predictions to surpass $3,000, and XRP's significant 322% increase with caution due to high supply in profit.
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TronWeekly
2h
231
Image Credit: TronWeekly
Ethereum (ETH) Eyes $2,775 Target as Bulls Dominate — Will 2025 Hit $5,600?
- Ethereum (ETH) is currently trading at $2,669.27, showing a 1.79% increase with a notable 50.48% rise in 24-hour trading volume to $27.89 billion.
- Technical indicators suggest Ethereum is likely to experience a breakout, supported by strong volume and overall bullish market structure.
- Analysts predict a wide price range for ETH in 2025, varying from $2,076.27 to over $5,686, based on market behavior.
- Traders are advised to monitor the $2,720 resistance level closely for potential breakout opportunities, with support at $2,683 and stop-loss at $2,652.
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TronWeekly
5h
20
Image Credit: TronWeekly
Ethereum’s Big Test: Will Support Hold at $2,630 or Trigger a Steeper Decline?
- Ethereum bulls are facing significant resistance at the 200-day Simple Moving Average, hindering the rise towards higher price levels like $3,500.
- The current price of Ethereum is testing a critical support level at $2,630, with a potential breakdown below it leading to further declines.
- Weakening bullish momentum raises concerns as failure to hold support may result in a shift towards bearish market control.
- Ethereum's price movement is crucial this week as it tries to navigate the resistance at the MA200 and the support at $2,630, with the potential for a shift towards $3,500 – $3,600 if key levels are overcome.
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Crypto-News-Flash
6h
188
Image Credit: Crypto-News-Flash
Solana Signals Sharp 40% Drop Against Ethereum Amid Memecoin Slump
- Solana's SOL/ETH pair confirmed a bearish breakout from a rising wedge pattern, hinting at a 40% drop to 0.037 ETH by July.
- Declines in memecoin-related activities, particularly on Solana's key platform Pump.fun, have put additional pressure on Solana's performance.
- Ethereum's growth with layer-2 networks is outshining Solana, raising concerns about Solana's ability to attract serious developers and investors.
- Chart analyst Alex Clay suggests that Solana's decline against Ethereum may not be temporary, as other altcoins demonstrate stronger technical behavior recently.
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Newsbtc
9h
145
Image Credit: Newsbtc
Ethereum Price Faces Mild Correction — Support Levels in Focus
- Ethereum price faced a mild correction as it declined below $2,650 and the 100-hourly Simple Moving Average.
- A key bullish trend line was broken with support at $2,625 on the hourly chart of ETH/USD.
- The pair might extend losses if it trades below the $2,550 support zone in the near term.
- Technical indicators like the MACD and RSI suggest a bearish momentum for Ethereum.
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8 Likes
Newsbtc
11h
306
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Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out
- Ethereum is testing the $2,800 resistance level, with analysts suggesting a potential breakout towards $3,000 and beyond.
- Market sentiment is shifting in favor of Ethereum, with technical indicators aligning for a possible expansion phase in the crypto market.
- Analyst Ted Pillows believes that if Ethereum surpasses the $2,850 resistance, it could target $4,000, leading to a capital rotation from Bitcoin to altcoins.
- Ethereum is showing strength on the weekly chart, currently trading above key moving averages, such as the 34-week EMA and 100-week SMA, with a potential upside target of $3,200–$3,600 and $4,000 if momentum accelerates.
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TechBullion
12h
61
Image Credit: TechBullion
Ethereum Price To Hit $4,000 Despite Trump Tariffs, Will FloppyPepe Touch $1 Before Dogecoin? Get Free Bonus Tokens This Week
- Ethereum price is nearing $4,000 despite Donald Trump Tariffs, while FloppyPepe (FPPE) emerges as a potential rival to Dogecoin, offering a generous 80% bonus for early supporters using code FLOPPY80.
- FloppyPepe (FPPE) sets sights on $1 before Dogecoin (DOGE) with its innovative economic model called Floppynomics, redistributing 1% to holders, burning 1% to reduce supply, and donating 1% to charity.
- Analysts predict Ethereum's price consolidation pattern may lead to a $4,000 breakout despite concerns about Donald Trump Tariffs, while Dogecoin (DOGE) consolidates within a bullish flag formation aiming for $1.
- FloppyPepe (FPPE) gains momentum with AI tools like Meme-o-Matic for viral meme generation, FloppyX for instant video editing, and FloppyAI for live crypto insights, offering an 80% bonus in its presale phase with potential to exceed $1 before DOGE and surpass Ethereum amidst US tariffs.
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Newsbtc
3h
128
Image Credit: Newsbtc
Ethereum Repeating Early 2024’s Playbook – $3,800 Target In Sight?
- Ethereum (ETH) has reclaimed the $2,600 level as support for the first time since February and is now targeting the Macro Range high area.
- Analysts suggest that ETH's recent rally could lead to a target of around $3,800 with the breakout from a two-week bullish flag pattern.
- ETH is pushing towards key resistance levels, with analysts indicating $2,850 as a crucial level before potentially reaching $3,000 and seeing a significant uptrend.
- ETH's trading pair against Bitcoin is gaining momentum, as analysts forecast a move towards the $4,000 resistance with bullish indicators and strong price action.
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Coinpedia
4h
199
Image Credit: Coinpedia
How Will the Crypto Market React to Bitcoin & Ethereum Options Expiry Today?
- Over $11 billion in Bitcoin and Ethereum options are set to expire today, raising concerns about potential market volatility.
- Despite recent price dips, trader sentiment remains cautiously optimistic, with put-to-call ratios favoring gains in both Bitcoin and Ethereum.
- The Bitcoin market faces the expiration of around 92,459 contracts worth nearly $9.8 billion, with analysts predicting limited downside movement despite the current maximum pain price at $100,000.
- Ethereum's market is also bracing for a significant options expiry, with 623,949 contracts worth about $1.6 billion expiring today. The put-to-call ratio of 0.81 indicates traders' belief in potential price increases.
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Cryptopotato
4h
6
Image Credit: Cryptopotato
Crypto Price Analysis May-30: ETH, XRP, ADA, SOL, and HYPE
- Ethereum (ETH) closed the week with a 2% loss, staying above the key support level of $2,400, while Ripple (XRP) is bouncing around the $2.2 level amidst resistance at $2.6.
- Cardano (ADA) faced a 14% loss, showing signs of a downtrend with key support at $0.7 and $0.64, while Solana (SOL) saw a 9% decrease in valuation, with a major support level at $152.
- HYPE experienced an 8% decrease after a 330% rally, currently facing resistance at $40, with key support at $30 and $27, signaling a corrective move before a potential return to new highs.
- Overall, the analysis reflects various levels of price movement and support/resistance dynamics for Ethereum, Ripple, Cardano, Solana, and HYPE in the cryptocurrency market.
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Coinpedia
4h
332
Image Credit: Coinpedia
Ethereum (ETH) Price Analysis: Breakout to $3,000 or Breakdown to $2,200?
- Ethereum (ETH) price is currently trading near $2,650, showing short-term selling pressure.
- There is a concentration of long liquidations between $2,600 and $2,700, indicating a potential downside risk if ETH dips into this zone.
- ETH is range-bound between $2,400 and $2,800, with an ascending triangle pattern suggesting a breakout above $2,800 could lead to a rally toward $3,300.
- Conversely, a breakdown below $2,510 could invalidate the bullish pattern, opening the gates to $2,200 as the next major support level.
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19 Likes
Cryptonews
5h
65
Ethereum Foundation Changes Tact, Goes ‘Full DeFi’
- Ethereum Foundation borrows US$2M in GHO stablecoins from Aave, signaling a shift away from ETH sales for funding.
- Move signifies a deeper adoption of DeFi tools in managing treasury.
- Crypto community supports the decision, viewing it as a smarter and long-term strategy for treasury management.
- EF's move towards DeFi includes borrowing GHO, a decentralized stablecoin, to preserve its ETH holdings and align with community feedback.
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3 Likes
Bitcoinist
11h
108
Image Credit: Bitcoinist
Ethereum’s Path To $10,000 Milestone Hinges On Flipping This Level Into Support
- Ethereum's price has shown resilience above $2,700 and outperformed assets like Bitcoin in recent weeks.
- Crypto analyst Venturefounder foresees ETH's potential climb to $10,000 based on key support levels and momentum signals.
- A bullish scenario involves ETH closing above $2,500, completing a MACD bullish crossover, and rallying to $4,000 as a base point for further upward trend.
- Crypto expert Merlijn The Trader predicts ETH following Bitcoin's pattern to reach a new peak beyond $14,000 by 2026 after retesting previous highs.
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6 Likes
Coindoo
16h
106
Image Credit: Coindoo
Ethereum’s Pectra Upgrade Boosts Appeal, But Network Activity Remains Flat: JPMorgan
- JPMorgan analysts noted that Ethereum's recent Pectra upgrade supports long-term growth but hasn't increased network usage significantly.
- The upgrade focused on staking processes, reward structures, and asset movement efficiency, appealing to institutional investors.
- Compared to retail-driven trends in other platforms, Ethereum is strategically shifting towards deeper institutional engagement, following Bitcoin's path.
- Despite limited immediate impact on transaction volumes, JPMorgan sees Ethereum's infrastructure focus positioning it well for long-term growth as a premier smart contract platform.
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