LunarCrush, a social media analytics platform for crypto, has revealed the top trending cryptocurrencies for trading this week. The coins on the list have seen a significant increase in social media mentions and activity, which could indicate that they are poised for further price gains. The top trending coins for […]
Tag: Ethereum
Ethereum Price Analysis & Prediction (June 7th) – ETH Climbs Back Above $1800 in a Fresh Recovery After Losing 7% Yesterday
Following the current crypto market fall, Ethereum‘s price decreased by 7% to $1,785 yesterday and remained on a downward slope. The price recovers quickly and shows signs of a possible reversal. Ethereum finally resumed bearish after breaking out of a descending resistance to retap the $1,900 level in the past […]
Ethereum Price Analysis & Prediction (June 1st) – ETH Signals Bearish, Targets $1,700 as Next Swing Low
Ethereum and most top altcoins have suffered a substantial loss amidst the latest crypto market’s downfall. The bears are stepping back to pull the price to $1,700 in the next few days. It lost 2.5% overnight. Following last week’s recovery that pushed the price above the $1900 level last weekend, […]
Ethereum Price Analysis & Prediction (May 10th) – This Level Remains Critical Support For ETH Bears to Crack
Ethereum (ETH) made a fakeout last week and immediately washed gains with a bearish engulfing candle. This led to a roller coaster for weeks as the bears seemed ready to mount pressure again. Currently down by 2% weekly. The first quarter of the year saw Ethereum’s price rally from the […]
Ethereum Price Analysis & Prediction (May 1st) – ETH Rolls Back Inside Channel as Upper Boundary Stops Recovery
Following several gains earlier this month, Ethereum flipped a four-month channel and marked a new high in a year. Failed to sustain momentum and rolled back inside the channel. What happened? Ethereum has been mirroring Bitcoin’s pattern for some weeks now. The correlating price actions made the second-largest crypto by […]
Ethereum Price Analysis & Prediction (April 21st) – ETH Retests This Channel as Support, Will Price Breaks Lower After 9% Weekly Drops?
Ethereum made a mid-week reversal following the current correction in the overall market. This correction came with a sharp nosedive near the $1.9k level and has remained calm around there ever since. The past two weeks have been so volatile for Ethereum as it broke out of a four-month channel […]
Why Are Bitcoin and Ethereum Prices Rising Right Now? (April 2023)
Bitcoin and Ethereum have been two of the most prominent and valuable cryptocurrencies in the market since their inception. In recent months (since 2023), their prices have experienced significant increases, with periods of high growth. Despite this volatility, both cryptocurrencies have continued to attract investors and enthusiasts, with many speculating […]
Ethereum Price Analysis & Prediction (April 17th) – ETH Finally Flips $2k, Taps 11-Month High With 14% Weekly Gains
After a long consolidation phase, Ethereum climbed above the $2k resistance level and printed a new monthly high. It looks so bullish and is still charging to take more highs. A quick recap from the past month of trading started with a rebound from a low of $1,370 to a […]
Cryptocurrency: Too Adopted To Be Disposed By Governments And Regulatory Entities
The cryptocurrency and blockchain space has grown and thrived despite the opposition from particularly the U.S. government and regulatory agencies like the Securities and Exchange Commission (SEC). Cryptocurrencies, just like Bitcoin and Ethereum, are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries like banks. The […]
Ethereum Price Analysis & Prediction (April 7th) – ETH Eyes $2k But Faces Multiple Resistance Level, up 3%
Ethereum broke to a new high yesterday after witnessing a steady three-day gain. It retraced today, and now looking for solid support to resume positive actions. The second best-performing crypto by market cap accumulated for three weeks and broke out briefly to mark a 7-month high at $1,942 yesterday. That […]
Ethereum Price Analysis & Prediction (Mar 21st) – ETH Taps $1.8k After a Weekly 14% Gains, Charges For More Highs
Ethereum continues to show strength after reversing in the past week. The price dropped throughout yesterday but recovered today with a 1.8% jump. It looks to tap more highs in the coming hours. After bouncing sharply off the $1,371 level on March 10, ETH recovered higher and increased significantly by […]
Ethereum Price Analysis & Prediction (March 7th) – ETH Faces Crucial Support After 5% Falls, Can it Breakthrough?
Ethereum went through a lot of squeezes in late February and closed bearish. The price continued to drop this month and has lost almost 7% in the last 72 hours of trading. By this time last week, Ethereum saw a recovery at $1,560 and pushed higher to test January’s resistance […]
Ethereum Price Analysis & Prediction (Feb 8th) – ETH Struggles Under $17k But Sustaining Momentum For Potential Increase
Ethereum continued to remain upward despite rejecting a key monthly resistance. The price has failed to drop and now appears to be gearing up for another increase. After surging through many resistance levels in the past month, Ethereum underwent a small correction and bounced back to mark a new level […]
Ethereum Price Analysis & Prediction (Jan 31st) – ETH Showing Signs of Weakness Amid Bullish, Is Correction Underway?
Ethereum broke out of a channel and remained indecisive for days following a steady increase to a monthly high. The trend still looks bullish but seems a correction is underway. Since the price touched $1,680 last week, Ethereum is yet to make a major move above that level as the price […]
Ethereum Price Analysis & Prediction (Jan 25th) – ETH Soars to 3-Month High Amid Fresh Market Recovery But Facing Rejection
As Bitcoin breaks higher, major altcoin like Ethereum is seriously driving more into greens. As a result of this, the bulls have continued to take the bears by surprise as Ethereum soared to a 3-month level. Just as expected, Ethereum found support above $1,500 and bounced higher to the important […]
Ethereum Price Analysis & Prediction (Jan 18th) – ETH Bulls Take Break After Pushing Consistently For Two Weeks, Can They Refuel Above $1.5k?
Ethereum’s price increased by 33% over the past two weeks after breaking out of a long-term channel. The consistent price increase has pushed the cryptocurrency to a 2-month high. Since the beginning of the year, Ethereum has been following a bullish sentiment and has tapped a 2-month high at $1.6k […]
Ethereum Price Analysis & Prediction (Jan 2nd) – ETH is Trapped, Can The Bulls Scale Through This Range
The last 24-hour increase in Ethereum’s price has suggested a positive move in intra-day trading. However, it may face some hurdles on its way up to set a bullish tone for the year 2023. Ethereum appeared to be starting this week in a positive mode with a 1.9% daily gain, […]
Ethereum Price Analysis & Prediction (Dec 10th) – ETH Drops After Tapping $1300, Bearish Formation in Play
The break and retest pattern appeared finished as Ethereum prepared for a new swing low. The price is still trapped in a supply zone due to low trading volume. A huge sell-off is imminent. Ethereum has started to show signs of weakness again after it tapped $1300 on Monday. The […]