Ethereum is currently trading near key support levels and may experience one more short-term dip before starting a bullish reversal, according to Elliott Wave analysis. The cryptocurrency is in the final stages of a multi-year corrective pattern, with potential support between $1,548 and $1,610. If Ethereum breaks above resistance around $1,680–$1,740, it could confirm the start of a new upward trend. Long-term projections suggest a possible rise to $7,000 by 2027-2028 if the corrective phase completes successfully, but a break below support could delay this scenario.
Bitcoin remains steady around $61,978, showing a slight gain of 0.91%. Other major cryptocurrencies like Ethereum and Binance Coin show minor fluctuations, with Ethereum nearly flat and Binance Coin up 0.59%. Several altcoins experience varied moveme...
Ethereum's price dropped close to $1,600, falling about 14% from its June high, as traders reduce risk ahead of U.S. inflation data. Despite this, BitMine, a major corporate holder, reportedly acquired an additional 75,000 ETH worth around $123 milli...
Crypto markets are under pressure with bitcoin dropping below $61,500 and trading under its 200-week moving average, signaling a potential prolonged bear market. Traders are increasingly shorting major tokens like bitcoin, ether, and XRP, reflecting ...
Audiera's BEAT token rose sharply to about $5.44 on June 10, gaining 28% in one day and 343% over the past week, despite a broadly declining cryptocurrency market. This rally was driven by increased leverage and a short squeeze, with $4.2 million in ...
Ethereum's price is showing a bearish pattern called a bear pennant after falling sharply from above $2,100 to around $1,520. This pattern suggests a continuation of the downtrend, with a potential target near $1,250 if support breaks. The ongoing US...
