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Ethereum News
Newsbtc
2w
255
Image Credit: Newsbtc
Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details
- Analysts believe that the $1,886 price level could act as a strong support for Ethereum (ETH) in case of further price decline.
- Glassnode's Cost Basis Distribution (CBD) data shows that investors accumulated an additional 300,000 ETH at the $1,886 price level.
- Ethereum is currently trading at $1,924 with a 5% gain in the last 24 hours, but the market remains in a downtrend.
- If the price falls below $1,886, lower levels at $1,650 and $1,132 could be potential targets.
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Coinpedia
2w
30
Image Credit: Coinpedia
Top Altcoins to Watch Next Week: Pi Coin, Pepe and Binance Coin (BNB) Prices Aim for Resistance Breakouts
- The altcoin market may experience a strong recovery rally next week with a renewed buying interest.
- Pi coin price is facing resistance at $1.5, with potential for buyers to overcome this barrier.
- Pepe coin aims for a breakthrough above 23.6% Fibonacci retracement level, with potential for a breakout.
- Binance Coin (BNB) sees a surge in buying activity, trading at $614 with a possibility of a skyrocketing trend.
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Newsbtc
2w
125
Image Credit: Newsbtc
Ethereum Price Nears Critical 100-Day SMA – Will It Break Through?
- Ethereum (ETH) is approaching the crucial 100-day Simple Moving Average (SMA), a key battleground for bulls and bears.
- Breaking above the 100-day SMA could reignite bullish sentiment and pave the way for higher price targets.
- However, if Ethereum fails to break out, it may face renewed selling pressure and decline to the $1,523 support zone.
- A successful breakout would confirm renewed upward momentum and attract more investors to capitalize on the uptrend.
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TronWeekly
2w
403
Image Credit: TronWeekly
Ethereum on the Brink? Ex-Dev Drops Shocking Truth About EVM
- A former Ethereum developer, Hari, criticizes the lack of clear vision and internal disagreements hindering progress on the Ethereum Virtual Machine (EVM).
- Hari warns that Ethereum's stagnation due to ossification could lead to the network's eventual decline.
- He suggests addressing complexity through better engineering and proposes quarterly hard forks for continuous improvement.
- The proposed EOF (Ethereum Object Format) amendment sparks a debate about the balance between efficiency, complexity, and security in EVM changes.
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Bitcoinist
2w
52
Image Credit: Bitcoinist
Crypto Expert Reveals Why XRP Will Never Flip Ethereum
- A crypto expert dismisses the idea that XRP will surpass Ethereum.
- Ethereum's dominance is driven by smart contract capabilities, DeFi, and NFT ecosystems.
- XRP is focused on cross-border payments and lacks developer flexibility and diverse use cases.
- XRP has not achieved the level of adoption and value that Ethereum has.
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Bitcoinist
2w
295
Image Credit: Bitcoinist
Ethereum Headed For $1,250 Or Ready For A Reversal? Analysts Weigh In
- According to analyst Ali Martinez, Ethereum (ETH) may be heading to $1,250 as it risks breaking down from a parallel channel.
- Crypto analyst Daan Crypto Trades suggests a trend reversal might be on the horizon for Ethereum, as it has formed a falling wedge pattern on the hourly chart.
- Crypto trader Merlijn The Trader and analyst Ted draw parallels between Ethereum’s current price action and previous bullish rallies, pointing towards potential positive momentum in the future.
- Ethereum is currently trading at $1,933, showing signs of a possible recovery after entering an oversold zone.
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Newsbtc
2w
147
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Ethereum Struggles Below $2K as Bitcoin Recovers—Will ETH Catch Up?
- Ethereum has struggled to keep up with Bitcoin's recovery and remains below the $2,000 mark.
- Analysts note a decline in Ethereum's strength against Bitcoin in the derivatives market.
- The declining open interest in Ethereum futures suggests reduced speculative interest in ETH compared to BTC.
- Despite current weakness, there is potential for Ethereum to regain strength if market sentiment improves.
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8 Likes
Bitcoinist
2w
239
Image Credit: Bitcoinist
Ethereum FUD Spikes On Social Media After 13% Price Drop: Bottom Signal?
- The sentiment around Ethereum (ETH) on social media has turned bearish after a 13% price drop.
- Data from analytics firm Santiment shows a decline in positive/negative sentiment towards Ethereum.
- The sentiment indicator value has dropped below the neutral mark, implying a bearish outlook for ETH.
- Historically, Ethereum's price has often moved contrary to social media sentiment, suggesting the negative sentiment could potentially signal a bottom.
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Newsbtc
2w
369
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Ethereum, Dogecoin, And The Altcoin Market: Why Up-Only For 217 Days Is Possible
- A technical analysis suggests that the altcoin market, including Ethereum and Dogecoin, may experience a 217-day altcoin season.
- The analysis highlights the importance of holding a critical support level for the altcoin season to begin.
- The market conditions align with Fibonacci time sequences, indicating a potential market shift for altcoin prices.
- The analyst predicts that the altcoin market could rally for 217 days, peaking by October 13, 2025.
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TheNewsCrypto
2w
56
Image Credit: TheNewsCrypto
Ethereum Predicted To Hit $8k; Experts Identify DeFi Coin Set To Take Over From Ripple
- A top crypto analyst predicts that the Ethereum price might rally to $8k in the long term.
- DTX Exchange (DTX) is gaining popularity as a potential rival to Ripple in the DeFi space.
- The Ethereum price faces a strong resistance around $2,250-$2,610, but analysts predict a potential surge to $8k.
- DTX Exchange (DTX) has raised over $15.9 million in funding and offers a trading platform for cryptocurrencies, forex, stocks, and ETFs.
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Bitcoinsensus
2w
156
Image Credit: Bitcoinsensus
Beyond the Spotlight: Celebrities Who Invested in Crypto and Blockchain
- Celebrities have played a significant role in bringing digital assets into the mainstream, legitimizing cryptocurrencies and changing the perception of digital assets.
- Notable celebrities like Paris Hilton, Gwyneth Paltrow, Reese Witherspoon, Kanye West, Matt Damon, Serena Williams, Jamie Foxx, among others, have shown interest in crypto investments and initiatives.
- Celebrities such as Mike Tyson, 50 Cent, and Ashton Kutcher have actively supported and invested in cryptocurrencies like Bitcoin, paving the way for wider adoption.
- Sports stars like Russell Okung, Naomi Osaka, Serena Williams, and Trevor Lawrence have embraced crypto, making bold moves with their investments and payment preferences.
- Celebrities including Elon Musk, Snoop Dogg, Paris Hilton, and many others are strong advocates and investors in cryptocurrencies like Bitcoin and Ethereum.
- Hollywood stars like Lindsay Lohan, Jamie Foxx, Matt Damon, and Akon have not only invested in crypto but actively promoted blockchain technology and cryptocurrency projects.
- Celebrity endorsements of crypto projects have faced criticism, with instances like Kim Kardashian's paid promotion leading to financial penalties.
- Elon Musk's support for cryptocurrencies, especially Dogecoin, as well as Tesla's substantial Bitcoin holdings, has significantly influenced the market.
- Celebrities such as Akon, Snoop Dogg, Lionel Messi, Serena Williams, and Tom Brady are exploring Web3 and blockchain technology for sustainable development and unique experiences.
- Famous individuals like Michael Saylor, Ricardo Salinas Pliego, Winklevoss Twins, and Mark Cuban have made substantial investments in Bitcoin, driving institutional interest in the space.
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9 Likes
Bitcoinsensus
2w
8
Image Credit: Bitcoinsensus
Whales Accumulate $800M in Ethereum: Is a Rebound Ahead?
- Ethereum gained 2.65% and approached $2,000, showing signs of recovery.
- Whale investors accumulated $800,000,000 worth of Ethereum, indicating confidence in its long-term potential.
- This surge in whale activity suggests a possible rebound for Ethereum after a turbulent period in the market.
- Despite losing 30.16% of its value over the past 30 days, Ethereum is regaining momentum.
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Newsbtc
2w
178
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Ethereum Consolidates Since ‘The Big Dump’ – Local Trend Reversal Or Continuation?
- Ethereum (ETH) trades in a tight range, below $1,900 and above $1,750, after heavy selling pressure.
- Macro uncertainty and trade war fears dominate sentiment, posing challenges for Ethereum's recovery.
- However, technical indicators suggest a potential local trend reversal if Ethereum breaks out of its consolidation range.
- Bulls struggle around $1,900 as macroeconomic volatility continues to weigh on the cryptocurrency market.
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Newsbtc
2w
139
Image Credit: Newsbtc
Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle Amid Record Selling
- Crypto analyst The Cryptagon suggests that Ethereum may be mirroring Bitcoin's 2018-2021 cycle, indicating a bullish outlook for ETH.
- Despite facing record selling and downward pressure, Ethereum could reach new highs as it closely follows the price action of Bitcoin's 2021 cycle.
- Ethereum's underperformance compared to other major altcoins, such as XRP and Solana, is attributed to the significant selling pressure.
- The most important support level for Ethereum at the moment is at $1,887, with a drop below this level potentially leading to a massive crash and a possible 70% price drop to $800.
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Cryptoticker
2w
113
Image Credit: Cryptoticker
Ethereum Price Prediction: More Drops or a Rebound?
- Ethereum (ETH) has been facing a downtrend, with the price dropping to $1,888.
- The Relative Strength Index (RSI) indicates oversold conditions, potentially triggering a short-term bounce.
- The Moving Average Convergence Divergence (MACD) indicates strong negative momentum, suggesting continued bearish pressure.
- Key support and resistance levels to watch are $1,850-$1,880 and $2,000, respectively.
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