CoinStats - Will Ethereum’s (ETH) Fortune Turn Around? An...

Ethereum Adoption Hits 40% Newcomers as RSI Pops — Will Price 2x Again?

Key Insights: 40% of Ethereum users last week were first-time participants, showing rising adoption. ETH breaks out of falling wedge pattern, with RSI confirming potential price reversal. ETH lags in 30-day returns, down 13%, while Bitcoin and gold posted strong gains. Recent users of Ethereum are showing strong signs of renewed network activity, with 40% of them being new to the network. However, ETH lags in recent returns, at the same time, t…

CoinStats - Will Ethereum’s (ETH) Fortune Turn Around? An...

Will the recent underperformance of the leader of altcoins, Ethereum (ETH), end? Here is the latest opinion from analysts. Continue Reading: Will Ethereum’s (ETH) Fortune Turn Around? Analysis Company Shares Price Points That Must Be Protected and Surpassed

Ethereum Holders Accumulate 449K ETH Amid Price Resistance

Ethereum holders accumulated 449K ETH, showing confidence amid market volatility. The crucial levels for Ethereum’s recovery are resistance at $1,895 and $2,142. Funding rate shifts suggest cautious market sentiment despite strong accumulation. Ethereum holders have accumulated a record 449,000 ETH despite them remaining “underwater,” signaling strong long-term confidence in the asset. Despite market fluctuations, investors continue to increase …

Ethereum Price Upward Momentum Wanes, Resistance Forms Near $1,800

Ethereum price opened trading below the $1,800 mark on Friday and was up marginally by 0.8% on the daily chart despite gaining more than 12% in the last week. Nonetheless, the momentum on the product is upbeat, with the daily RSI at 53. That said, the coin will need to breach the psychological $1,800 resistance mark and flip it into a support level. Ethereum Price Momentum Favours the Downside Meanwhile, Ethereum’s spot ETF’s recorded the larges…

Trader Who Nailed 2022 Bitcoin Bottom Says Ethereum Looks Massively Bearish, Outlines ETH’s Path to Bullish Trend - The Daily Hodl

A trader and analyst who accurately predicted the Bitcoin (BTC) bottom in November of 2022 is warning that Ethereum (ETH) is looking bearish overall on the weekly chart. In a new video, the trader pseudonymously known as DonAlt tells the 66,200 subscribers of the TechnicalRoundup YouTube channel that ETH needs to reclaim the $2,000 level as support to start looking bullish again. “The ETH chart, we’ve just broken down a bunch, and it needs to re…

Ethereum (ETH) Price: Accumulation Addresses Add 1.11 Million ETH Despite Resistance at $1,800 - WorldNL Magazine

TLDR Ethereum accumulation addresses have purchased over 1.11 million ETH in the past week ETH price is currently around $1,760 after a recent 1% decline Exchange net inflows of 178,900 ETH were recorded on Thursday as investors took profits The cryptocurrency is facing resistance at the $1,800 level and the 50-day SMA Technical indicators show modest bullish momentum despite recent selling pressure Ethereum (ETH) is currently trading at around…