Ethereum Price Navigates Critical $1,500 Support Amid Challenging Scenario

Ethereum (ETH) is facing a challenging scenario in its price as it moves lower toward the crucial $1,500 support level against the US dollar. The cryptocurrency may experience a corrective rally, but its upside potential could be capped around the $1,565 mark. Here are the key points about Ethere ...

JPMorgan Experts Express Disappointment Over Ethereum’s Shanghai Upgrade

JPMorgan International Corporation (JPM) experts have expressed disappointment with the results and network activity of the April update of the Ethereum network known as the Shanghai upgrade. According to their findings, the Shanghai upgrade did not have the anticipated impact on the activity levels ...

Ethereum Displays Resilience with 37% Recovery Despite Recent Declines

Despite Ethereum's significant decline from its all-time high of $4,891 in November 2021, where it experienced a notable drop of 67.44%, the cryptocurrency continues to exhibit signs of resilience, boasting a 37% recovery since the start of the year. Data from 21milyon.com reveals that Ethereum f ...

Ethereum’s Positive Signs: Whale’s $150 Million ETH Options Investment

On September 11th, Ethereum's value dipped to the $1,530 support level, but recent data suggests positive signs for the cryptocurrency. Notably, a significant whale has actively participated in the Ethereum options market, investing $150 million in notional ETH calls. Within the last hour, over 4 ...

Ethereum Price Gearing Up for $1,650 Breakout, Eyes $1,670 Resistance

Ethereum Price Seeks Breakout at $1,650 with $1,670 as the Decisive Level Ethereum's price is displaying signs of a potential rally, with its sights set on breaching the $1,650 resistance against the US Dollar. A successful clearance of $1,650 and the pivotal $1,670 level could spark a bul ...

Ethereum Whales Accumulate Over 56,000 ETH Amid Recovery Sentiments

Following the crypto market crash last week, Ethereum whales look to be gearing up for a recovery as they accumulate ETH. This accumulation trend is very telling of what these large investors expect the market to do next, which could serve as an indication of what’s to come. ...

Ethereum Price Analysis: Uncertainty Prevails as Bulls and Bears Vie for Control

The Ethereum (ETH) price has been falling since early April, when it temporarily deviated above an important long-term horizontal resistance While this may lead to further declines in ETH, both bullish and bearish wave analyses are still relevant. Thus, the direction of the long-term trend of ETH ...

Ethereum Price Faces Bearish Pressure as Resistance Holds

The Ethereum (ETH) price rebounded from a long-term resistance area and then made a bearish break of a short-term pattern. This could condition further declines in Ethereum, which could be either the final phase of a correction or the beginning of a new long-term downtrend. Ethereum: ...