Ethereum is trading near a critical long-term support range between $1,600 and $2,000, identified as an accumulation zone where buyers might enter for the long term. The price recently dropped to around $2,006, close to this zone, and is also near the lower side of a rising channel that has defined its market cycles. Another analysis suggests Ethereum could retest a lower support near $1,400, a level that has historically acted as a strong support in past cycles. If Ethereum holds these support levels, it could aim for higher targets at $10,000, $25,000, and $50,000 in the long term. However, a failure to hold these zones might lead to further downside, with $1,000 to $1,500 also noted as possible support areas.
Standard Chartered initiated coverage of Uniswap (UNI) with a bold forecast that the token could rise from $2.50 to $100 by 2030, a 40-fold increase. This projection is based on the expected growth of decentralized finance (DeFi) and tokenized assets...
Robert Kiyosaki, author of Rich Dad Poor Dad, has doubled down on his support for bitcoin, gold, and other hard assets amid economic uncertainty. He projects gold could reach $35,000 an ounce by 2035, citing recent price rallies as early signs of a l...
Ethereum surged more than 10% recently, showing signs of a short-term rebound after a prior decline. Blockchain data revealed a wallet possibly linked to Arthur Hayes bought 3,000 ETH worth about $5.42 million, signaling renewed interest. Analysts se...
BitMine has increased its Ethereum holdings to over 5.6 million ETH, representing 4.66% of the total supply, with a portfolio valued at about $10.2 billion. Despite an unrealized loss nearing $9 billion due to market volatility, the company continues...
Ethereum gained 2.75% for the second day, reaching $1,720, driven by positive news like a U.S.-Iran peace deal and the Strait of Hormuz reopening. Despite some concerns from rising exchange reserves, large withdrawals and whale purchases indicate str...
