Ethereum (ETH) has rallied from June lows around $1,500 to nearly $1,950, showing strong short-term bullish momentum. It has moved above its 20-day and 50-day moving averages, which now act as support, but faces resistance at the 100-day EMA near $1,944, a level that has capped previous rallies. A breakout above $1,950 could push ETH toward $2,000 and then the 200-day EMA at $2,215, signaling a potential long-term trend reversal. Traders will watch closely for confirmation of this breakout to validate the recovery as a broader bullish trend.
Ethereum (ETH), currently trading near $1,880, may break its previous high of nearly $5,000 due to growing institutional adoption, according to Fundstrat co-founder Tom Lee. He highlights that unlike past growth driven by ICOs and NFTs, this new phas...
Large Ethereum purchases by whales, including Arthur Hayes buying 1,293 ETH and a 21.3K ETH transfer from Fidelity Custody to a new wallet, highlight growing institutional confidence despite ETH trading below $2,000. Exchange data shows mixed short-t...
The recent crypto market rebound has halted, with Cash Cat and Dogecoin struggling near their lows amid persistent selling pressure. Cash Cat remains below key moving averages, consolidating around $0.10, while Dogecoin trades near $0.0737, stuck bel...
Cryptocurrency markets saw a general decline with Bitcoin priced near $64,223, down 0.99%, and Ethereum falling 2.65% to around $1,874. Other major coins like Binance Coin and Solana also dropped slightly. This reflects ongoing market volatility and ...
Ethereum is gaining investor interest, with its price climbing 2.32% to approach $2,000 due to steady capital inflows. The ETH/BTC ratio has broken a 301-day resistance, signaling a rotation of funds from Bitcoin to Ethereum. This momentum is support...
