Ethereum eyes 40% gains as ETH price fractal approaches final phase

October 11, 2024 Coin Telegraph

$Ethereum eyes 40% gains as ETH price fractal approaches final phase$

ETH price could rise 40% from its bullish fractal pattern despite Ether’s sideways consolidation over the past week.

Since dropping under $2,450 on Oct. 2, Ether (ETH) price has consolidated between a narrow gap of $100 over the past nine days. While Bitcoin has exhibited market volatility, Ether’s weekly returns represent a mere 1% decline.

On the weekly chart, Ethereum has also maintained a bullish position by holding above the 200-day EMA trendline.

ETH/USD on the weekly chart. Source: TradingView

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Top Analyst Says Ethereum To Start Looking ‘Really Really Good’ if Major Level Is Reclaimed – Here’s His Outlook

October 11, 2024 The Daily Hodl

Daily Hodl

A top cryptocurrency analyst and trader is saying he’ll turn bullish on Ethereum (ETH) if it breaks through one key resistance level. The analyst pseudonymously known as DonAlt tells the 62,300 subscribers of the Technical Roundup YouTube channel that if Ethereum reclaims $2,800 on the weekly timeframe it could set ETH up for much larger […]

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Analyst Says ‘That’s Often Where Opportunities Lie’ As Cardano Lingers in ‘Deep Depression Phase’

October 11, 2024 The Daily Hodl

ada

Cardano’s (ADA) longstanding price woes have dampened crypto traders’ enthusiasm about the smart contract platform’s future, but one analyst thinks that lack of enthusiasm indicates a potential opportunity. Ali Martinez tells his 73,700 followers on the social media platform X that he thinks it’s actually a good time to buy more ADA. “Cardano investors seem […]

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Stripe To Roll Out Support for USDC Payments on Ethereum, Solana and Polygon in Over 150 Countries

October 10, 2024 The Daily Hodl

Altcoins

Payments giant Stripe is announcing global support for USDC settlements over the Ethereum (ETH), Solana (SOL), and Polygon (POL) blockchains. In a new post on the social media platform X, Jeff Weinstein, the head of products at Stripe, says that crypto assets are officially back on the platform and will be available for use in […]

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Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm

October 10, 2024 The Daily Hodl

ada

Crypto analytics platform Santiment is naming 20 digital assets that may soon rally based upon one key metric. In a new thread on the social media platform X, the firm says 20 digital assets are standing out for the amount of negative public sentiment they are receiving on social media platforms, including decentralized oracle network […]

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Ethereum ICO Participant Sells Over $113,200,000 in ETH in Two Weeks: Lookonchain

October 10, 2024 The Daily Hodl

Ethereum ICO Participant Sells Over 3,200,000 in ETH in Two Weeks: Lookonchain

Daily Hodl

A participant in Ethereum’s 2014 initial coin offering (ICO) has reportedly unloaded more than $113 million worth of ETH in the past couple of weeks. The crypto tracker Lookonchain notes the whale dumped 5,000 ETH worth $12.22 million to a Kraken deposit address on Monday, continuing a selling spree that started last month. Since September […]

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Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform

October 9, 2024 Bitcoin.com

BaFin

European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns […]

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Vitalik Buterin Donates 100 Ethereum (ETH) to Tornado Cash Developer Roman Storm’s Legal Defense Fund

October 7, 2024 The Daily Hodl

crypto

Ethereum co-creator Vitalik Buterin is donating 100 ETH to bolster the legal defense fund of Tornado Cash developer Roman Storm. In a new thread on the social media platform X, Storm – who helped launch the anonymous ETH-based crypto mixing protocol in 2019 – expresses his gratitude to Buterin for his continued support. “I can’t […]

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Analyst Says Bitcoin To Keep Outperforming Altcoins, Unveils ‘Big Level’ BTC Needs To Overcome for a Bullish Q4

October 7, 2024 The Daily Hodl

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Closely followed analyst Benjamin Cowen says that Bitcoin (BTC) will likely continue to outshine altcoins for the foreseeable future. In a new strategy session, Cowen takes a look at Ethereum in its Bitcoin pair (ETH/BTC), which is often used as a gauge for altcoin strength. According to Cowen, ETH/BTC is in the process of bottoming […]

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Crypto Strategist Sees Bitcoin Potentially Rallying to $68,000 – But There’s a Big Catch

October 6, 2024 The Daily Hodl

Bitcoin

A closely followed crypto strategist believes it is within the realm of possibility for Bitcoin (BTC) to witness an abrupt rally to $68,000. Pseudonymous analyst Credible Crypto tells his 423,300 followers on the social media platform X that a relief rally is in sight for Bitcoin and the altcoin market. But the trader warns that […]

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