Ethereum has seen some incredibly strong price action over the past several days and weeks, with ETH’s massive 2020 rally coming against the backdrop of immense bullishness within the aggregated cryptocurrency markets.
Ethereum’s bulls have even been able to maintain its newfound position within the $180, in spite of the drop seen today by Bitcoin and other cryptocurrencies.
Analysts are now noting that the macro situation for Ethereum is becoming incredibly bullish, and that the rally seen over the past few weeks could mark the start of its journey to fresh all-time highs.
Ethereum Holds Above $180 as Analysts Eye Significant Near-Term Upside
At the time of writing, Ethereum is trading down just over 2% at its current price of $180.50, and it is currently trading down from 24-hour highs of just under $186 that were set earlier this week.
It is important to note that the cryptocurrency has been able to bounce from daily lows of $176 that were set in tandem with Bitcoin’s drop to lows of $9,200, and the aggregated market does appear to be entering another consolidation phase.
Analysts are currently eyeing significant short-term upside for the cryptocurrency, as Galaxy, a prominent crypto analyst on Twitter, explained in a recent tweet that he is buying ETH at $180, with at $350 short-term sell target.
“Buying $ETH here at $180 and looking to sell at $350,” he explained.
Buying $ETH here at $180 and looking to sell at $350. pic.twitter.com/4shX2yruVV
— Galaxy (@galaxyBTC) January 31, 2020
While looking at the chart he references above, it appears that this major upside could be catalyzed by the crypto breaking a multi-year descending resistance level it is currently caught beneath.
Could ETH Be Kicking Off Its Next Journey to All-Time Highs?
Satoshi Flipper – another prominent cryptocurrency analyst on Twitter – explained in a recent tweet that the crypto’s weekly chart shows just how far it could run in the future, further adding that he does believe it will set fresh all-time highs in the future.
“Need to look at the ETH WEEKLY to fully appreciate where we are in the cycle. Ethereum will have another ATH in the future and riding this all the way back up can be life changing money. I’m betting on it,” he said.
Need to look at the $ETH WEEKLY to fully appreciate where we are in the cycle.#Ethereum will have another ATH in the future and riding this all the way back up can be life changing money. I'm betting on it. pic.twitter.com/FsnLag9dVz
— Satoshi Flipper (@SatoshiFlipper) January 31, 2020
If Ethereum does garner the type of short-term momentum that Galaxy is anticipating it to see, then it truly could be in the early stages of the next parabolic uptrend that sends it to fresh all-time highs.
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Key Takeaways
Why is Ethereum holding up despite price weakness?
Long-term holders are staying put and Ethereum staking continues to hit all-time highs, signaling strong conviction.
Could ETH rebouThe post Why Ethereum’s staking strength couldn’t halt ETH’s price slide appeared first on AMBCrypto.
Ethereum price remained under pressure on Sunday as sentiment in the crypto industry worsened. ETH token was trading at $3,187, down by over 36% from its all-time high, meaning that it is in a deep bear market.
Key Takeaways
Why is Ethereum showing resilience this quarter?
Ethereum short-term holders remain in a high profit zone, and smart money is buying the dip, giving ETH a conviction-driven advantage.
Key Takeaways
What’s driving Ethereum’s rebound above $4K?
Ethereum surged 4.82% as whales increased buying, Exchange Netflow turned negative (-13.3K ETH), and seller exhaustion signaled a bulliThe post Ethereum: Bearish exhaustion hits the market - Is $4.5k next for ETH? appeared first on AMBCrypto.
Key takeaways
Why is Ethereum leaving Binance?
Investors are moving ETH to self-custody.
Why is Bhutan choosing Ethereum?
Bhutan is migrating its national digital ID system to EtheThe post Ethereum to $10K? - Why these ETH datasets say YES! appeared first on AMBCrypto.
Key Takeaways
What’s fueling Ethereum activity?
Transactions broke 1.6–1.7 million daily and Active Addresses hit 422k, reflecting genuine adoption and DeFi growth.
Will ETH break higher soon?
The post Ethereum adoption breaks records - So why is ETH below $4.3K? appeared first on AMBCrypto.
Ethereum signals strength as BitMine accelerates ETH treasury strategy. The ETH price bounced from lows of $3,800 last week and is holding above $4,100. Bitmine’s buying leads the corporate world’s interest in Ethereum, and tailwinds such as spot exchange-traded funds approval could catalyse gains to above $5,000.
Рост Ethereum к отметке $5 000 может столкнуться с новыми препятствиями. Ряд ончейн-сигналов указывает на встречный ветер для актива. Долгосрочные держатели ( LTH ) ETH активно продают свои монеты, что может создать давление на рынок.
Key Takeaways
Why did Ethereum's price stall near $4. 5k?
ETH faced rejection at $4,763, dropped to $4,499, with Perpetual demand fading and Exchange Netflows showing 13. 9k inflows.
What do metricThe post Ethereum dips below $4.
Key Takeaways
Ethereum reserves fell on Binance and Coinbase, while Long/Short Ratio, Funding Rates, and liquidation clusters shaped its bullish outlook.
Ethereum [ETH] reserves across major eThe post Ethereum's exodus: Why whales are pulling ETH from exchanges, fast appeared first on AMBCrypto.
Joe Lubin, one of the co-founders of Ethereum (ETH), has said again that he thinks Ether will one day go up 100X in value. His words have sparked interest in crypto forecasts, making Ethereum (ETH) a long-term cornerstone of the market.
Key Takeaways
Ondo Finance has debuted its on-chain stocks on Ethereum, and it will expand to other chains. Will ETH clear the $5K overhead hurdle?
Ethereum [ETH] tokenized stocks continue tThe post Ondo tokenizes Wall Street on ETH: Ethereum targets $5,000 resistance appeared first on AMBCrypto.
Ethereum trades above $4,600 as bulls target a breakout to $5,000 A surge in Ethereum ETF net inflows and broader crypto bounce give buyers an edge. Tom Lee has predicted the ETH price surging to $5,500 and possibly $10,000 in 2025.
Key Takeaways
Publicly listed firms are increasingly stockpiling Ethereum, with over 3. 7 million ETH held as reserve assets, fueling both crypto and equity market gains. Strong ETF inflows and institThe post Ethereum treasuries top 3.
Key Takeaways
Ethereum tagged a fresh all-time high at $4,953, with futures OI shooting up to $71 billion. Leverage is flooding in, setting the stage for a big move either way.
Ethereum [ETH] The post Ethereum breaks $4,900 all-time high: Here's why ETH could hit $15K by December 2025 appeared first on AMBCrypto.
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Key Takeaways
Ethereum has underperformed Bitcoin in the latest pullback. With nearly 30% of ETH staked, could that set ETH up for a sharper rebound?
Since thThe post Ethereum vs.
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