3 reasons why Ethereum price is headed toward $4K

November 12, 2024 Coin Telegraph

3 reasons why Ethereum price is headed toward K

Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.

Increasing excitement over a crypto-friendly business environment in the United States following Donald Trump’s presidential election win caused the price of Ether (ETH) to jump over 37% over the last seven days to trade at highs not seen since July 24.

ETH/USD daily chart. Source: TradingView

At the time of writing, Ether is trading at $3,392 with increasing demand through spot Ethereum ETFs, and onchain metrics suggest that the altcoins uptrend remains intact.

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Ethereum enters ‘scarcity mode,’ paving the way for ETH rally to $6K — Analyst

November 8, 2024 Coin Telegraph

Ethereum enters ‘scarcity mode,’ paving the way for ETH rally to K — Analyst

Coin Telegraph

Ether's price metrics have replicated 3 key bullish actions which resulted in a 120% rally in Q1 2024. Will it happen again?

Ether (ETH) recorded its largest three-day return of 2024, with a 21% spike after President-elect Donald Trump was announced as winner of the US presidential election. The rally also took the altcoin above its overhead resistance of $2,800, breaking a trend bottom consolidation range that lasted 96 days.

Ethereum 3-day chart. Source: TradingView

With the crypto community anticipating a new bullish leg, Ether has flashed a strong buy signal based on a historical setup from 2023.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

The future of money and backbone of globalization 2.0 is the cost of consensus

November 6, 2024 Coin Telegraph

The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.

Opinion by Ben Lilly, managing partner and head of research at Jlabs Digital

When it comes to Ether, or even Bitcoin, for that matter, what is the most basic reason to hold it? Before reading on, take a moment to consider the reasons beyond the more routine motivations related to hedging and speculation.

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Ethereum Technical Analysis: ETH Price Holds Key Support, Eyes Upper Breakout

October 21, 2024 Bitcoin.com

bitcoin.com

On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages still point to a largely bullish trend. As ether hovers between support and resistance, traders should stay […]

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Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend

October 14, 2024 Bitcoin.com

bearish trend

As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure. Ethereum On […]

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3 reasons why Ethereum will hit $10K next bull cycle

September 29, 2024 Coin Telegraph

3 reasons why Ethereum will hit K next bull cycle

Coin Telegraph

Bullish fractals, long-term technical patterns, and favorable macroeconomic trends could boost ETH's price to $10,000 by 2025.

Ethereum’s native token, Ether (ETH), looks poised to grow toward $10,000 in the coming months, according to a mix of bullish fundamental and fractal indicators.

The first compelling reason behind Ethereum’s $10,000 target is its resemblance to a previous price fractal between January 2023 and March 2024, according to Julien Bittel, head of macro research at Global Macro Investor.

The 2023-2024 fractal (black) saw the ETH price consolidate between $1,500 and $2,000 before breaking out to $3,500. The current price action (red line) closely follows this pattern, mirroring the earlier consolidation phase.

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Ethereum fractal hints at $3.3K as analyst says its ‘go time’ for ETH price

September 18, 2024 Coin Telegraph

$<div>Ethereum fractal hints at .3K as analyst says its 'go time' for ETH price</div>$

Coin Telegraph

Ethereum’s bullish fractal pattern from 2021 consists of a five-point setup, which ETH is currently mirroring in 2024.

Ethereum’s (ETH) price action has remained underwhelming recently, with a 9% drawdown in September. ETH’s Q3 is en route to becoming the third-worst period in terms of returns since inception.

Yet, favourable technicals are starting to surface for the altcoin as a bullish fractal is reaching a conclusive state.

From a technical standpoint, a market fractal is a historically repetitive pattern that allows traders to identify trend reversals in the charts. Ethereum is currently painting a bullish fractal setup, initially observed in 2021.

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BlackRock’s iShares Ethereum Trust approaches $1B in net inflows — Morningstar

August 21, 2024 Coin Telegraph

BlackRock’s iShares Ethereum Trust approaches B in net inflows — Morningstar

bitcoin etf

ETHA will be the first Ether exchange-traded fund to crest the $1 billion mark.

BlackRock’s Ethereum exchange-traded fund (ETF) has reached approximately $1 billion in net inflows, underscoring its lead among rival ETF ETFs, according to data from fund researcher Morningstar shared with Cointelegraph.

According to Morningstar, the iShares Ethereum Trust (ETHA) has pulled in $992 million in net inflows, putting the fund on track to surpass the $1 billion mark imminently.

“It’s very likely, but not a certainty” that ETHA will crest $1 billion in net inflows by close of market on Aug. 21, Bryan Armour, director of passive strategies research at Morningstar, told Cointelegraph. “I believe a single creation unit would put it over the top.”

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Lookonchain: Erm, actually the $2B of ETH was sold back in 2021

August 8, 2024 Coin Telegraph

Lookonchain: Erm, actually the B of ETH was sold back in 2021

China

Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021.

Independent analysts have debunked a recent social media post claiming that “hundreds of dormant wallets” linked to the multibillion-dollar crypto scam Token Plus had begun shifting nearly $2 billion in Ether.

In a now-deleted Aug. 6 post to X, blockchain analytics service Lookonchain initially claimed that wallets linked to TokenPlus had begun shifting some 789,533 ETH — worth $1.8 billion at current prices.

As it turns out, the amount may have been much lower than initially stated.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

US government transfers 300 ETH — Arkham Intelligence

August 5, 2024 Coin Telegraph

Coin Telegraph

The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.

According to Arkham Intelligence, a wallet believed to be controlled by the United States government transferred 300 Ether (ETH), valued at approximately $699,000, to a wallet address ending in “d46” on Aug. 5.

The onchain analytics firm also claimed that the funds within the wallet, which now shows a balance of $0, resulted from a US government seizure.

This reported transfer of ETH by the United States government follows days of disappointing price action following the highly anticipated launch of Ethereum exchange-traded funds (ETFs) in the United States.

Ethereum Price