Ethereum (ETH) has broken above a long-term descending trendline near $1,750-$1,800, signaling renewed bullish momentum and improving its short-term price outlook. The move places ETH above its 50-day and 100-day moving averages, providing stronger support and suggesting potential for further gains. The next resistance zone to watch is between $1,800 and $1,850, with a key long-term target near the 200-day moving average at $2,220. While this breakout is promising, Ethereum remains below its 200-day average, so sustained buying and volume will be crucial to confirm a broader uptrend.
Major cryptocurrencies, including Bitcoin, fell by more than 2% as traders increased expectations for a Federal Reserve interest rate hike in July. This shift is driven by rising U.S.-Iran tensions, surging oil prices, and hawkish Fed comments, pushi...
Ethereum's price remains under $1,800 amid mixed signals from the market. While hopes for an Ethereum ETF have supported interest, the futures market shows caution, limiting upward momentum. This suggests investors are waiting for clearer regulatory ...
More than $315 million in leveraged long positions were liquidated within 24 hours as Bitcoin dropped below the $60,000 support level, sparking forced selling across crypto derivatives markets. Bitcoin led with $152 million liquidated, followed by Et...
Tom Lee, co-founder of Fundstrat, argues Ethereum is significantly undervalued even after its price fell from nearly $5,000 to under $2,000. He bases this on Ethereum's critical role in moving large asset classes like gold, equities, and real estate ...
BitMine Immersion Technologies has purchased $49 million worth of Ethereum, driven by increased demand following the launch of the Robinhood Chain, an Ethereum Layer-2 network enabling 24/7 tokenized stock trading and DeFi features. This acquisition ...
