Ether is trading near $2,250 after a large investor placed a $45 million bet anticipating a rebound, supporting Wall Street strategist Tom Lee's view that selling pressure may be easing and the token could be near a bottom. Despite a 13% drop over the past month, technical indicators show mixed signals: the MACD suggests short-term momentum is improving, while the RSI remains below neutral but above oversold. Ether is still below key moving averages and faces resistance around $2,360 and $2,450, with support near $1,850. This suggests cautious optimism but continued volatility ahead.
Ether trading near $2,250 provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Nov 07, 2026 15:41 WIB: out of 50 major cryptocurrencies, 31 rose and 17 fell today. Notable movers include ONE (Harmony) at Rp34 with a 1-day change of +57.40%, SXP (Solar) at Rp37 down 46.27%, and BAL (Balancer) at Rp16.297 up 11.14%.
Flotek Industries reported its strongest quarter in 12 years, with revenue soaring 104% to $114.4 million. The company raised its 2026 guidance for the third time, signaling confidence in future growth. Data analytics, while only 16% of revenue, cont...
Ether (ETH), the second-largest cryptocurrency by market capitalization, briefly fell below the $2,250 mark, trading at $2,248 as of 4:16 a.m. ET on November 7. This small price movement shows ETH fluctuating just around a key support level, with a m...
Strive posted a net profit of $509 million in Q3 2026, mainly due to $533.7 million in unrealized gains from its bitcoin holdings. The company holds 43,124 BTC valued at about $3.25 billion after buying 15,124 bitcoins in October. Despite low revenue...
Starting November 17, Russian retail investors can legally buy Bitcoin, Ethereum, and Tether's USDT through licensed brokers and exchanges under new rules by the Bank of Russia. The annual purchase cap for non-qualified investors is 300,000 rubles (a...
Dogecoin's price stood at $0.0721 on November 7, 2026, with its 50-day moving average below the 200-day since October 29, a technical pattern known as a death cross. This confirms a downtrend that began earlier but does not predict when prices will r...
