Amid the cheers of the new year, Ethereum achieved a decisive breakout above the long-standing price resistance around $3,000. According to market analyst Amr Taha, this price gain has been accompanied by significant changes in the derivatives market, which suggest an aggressive shift in investors’ positioning. Ethereum Traders Flood Market With Long Positions To Usher…
Ethereum Finds Its Footing Again, But Here’s Why Bulls Still Have Work To Do
Ethereum is showing renewed signs of strength as it begins to stabilize after months of choppy price action. While recent technical improvements suggest momentum is turning in favor of the bulls, key resistance levels remain overhead, which means the recovery seems promising, but not yet fully confirmed. Market Structure Remains Unconvincing Despite The Bounce In…
Ethereum Faces Resistance Against Bitcoin – ETH/BTC Bullish Structure In Question
After a strong rally that pushed Ethereum to a local high of $2,730, the asset has retraced over 10%, now testing key support levels as the market cools off. The correction comes after days of heavy buying pressure and growing expectations of a broader altseason. However, the recent pullback has sparked debate among analysts and…
Ethereum Price Eyes Major Resistance At $2,100 As Analyst Reveals Bullish Price Range
Crypto analyst Ben Gray has asserted that the Ethereum price is bullish and revealed the price range that the leading altcoin is targeting. However, ETH is set to face major resistance at $2,100, a level which it needs to break out from as it targets new highs. Ethereum Price Faces Major Resistance At $2,100 In…
Ethereum Accumulation Is Almost Over – Breakout Above $2,200 Could Trigger Expansion Phase
Ethereum is trading back above the key $2,000 level after spending several volatile weeks attempting to reclaim it. Since late February, ETH has dropped more than 38%, triggering widespread panic as the price broke below major support and briefly dipped under $1,800. The decline sparked fears of a prolonged downtrend, with many questioning whether Ethereum…
Ethereum Fees Back To Lowest Since August: Is This Bullish?
On-chain data shows the cost of making a transfer on the Ethereum network has plunged recently. Here’s what this could mean for the ETH price. Ethereum Average Fees Has Gone Down Recently In a new Average Fees” here refers to an indicator that keeps track of the average amount of fees (in USD) that users…