Ethereum leverage nears record highs: Are ETH traders on edge?

Key takeaways Why is Ethereum’s leverage ratio important right now? It’s near record highs (0.6–0.7), meaning traders are heavily leveraged and the market could swing sharply in either directiThe post Ethereum leverage nears record highs: Are ETH traders on edge? appeared first on AMBCrypto.

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Ethereum (ETH) Jumps 6% as Shanghai Mainnet Upgrade Date Is Announced

Ethereum reached intraday highs of $1,768, highest since September 2022

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Ethereum Has One Obstacle to Fresh Highs, According to On-Chain Data

Ethereum faces a significant barrier zone on its way to new highs

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Ethereum’s Price Just Formed a Pivotal Bullish Breakout

Ethereum has dropped dramatically since the August highs of $490. The coin now trades for $370, around 25% below those highs. While Ethereum is still far below the highs, the coin is printing positive medium-term to long-term signs.

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CFTC Chairman Tarbert is Impressed by Ethereum, “Period”

Ethereum has faced a strong drop since the August highs of $490. The coin currently trades for $375, far below the aforementioned highs. The cryptocurrency remains in a fundamentally strong position, though, analysts say.

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Historically Accurate Analyst Thinks Ethereum Poised to Surge Into 2021

Ethereum has undergone a strong rejection since reaching the summer highs of $490. The leading cryptocurrency fell from those highs to a recent September low of $315, liquidating many investors in the process.

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Ethereum Bulls Need to Act Soon “to Survive”: Here’s Why

Ethereum has dropped after reaching highs at $390 just the other day. The coin now trades at $370 as of this article’s writing, slightly below the aforementioned highs. The coin remains below crucial support levels that must be reclaimed if ETH is to continue higher.

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New Highs for DeFi Results in it Accounting for 95% of the Total Value Created on Ethereum

DeFi continues to push higher. Even though Bitcoin is surging today, reaching $11,600, the likes of Akropolis is up 30% against BTC and Bancor 13%. In yet another record, the total amount locked in DeFi has reached $4.

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Ethereum Could Soon Set “New Highs” as $400 Resistance Weakens: Analyst

Ethereum has bounced back quickly after last weekend’s 26% crash from its highs. As of the time of this article’s writing, the leading cryptocurrency has a price of $399 — just 4% below the year-to-date high.

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Ethereum Transaction Fees Fall by 75% as Congestion Eases

Ethereum gas fees appear to be finally going down as activity levels fall from the highs of July.

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Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes

Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1. 9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures open interest.

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XRP Forms Crushing Textbook Reversal Sign After 30% Explosion

XRP has seen an extremely strong rally over the past few days, outperforming Bitcoin and even Ethereum on some days. Since July 22nd, the asset has gained in excess of 50%, reaching highs not seen since the February blow-off top.

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Here’s Why Traders are Growing Cautious About Ethereum’s Uptrend

Ethereum has witnessed some incredibly mixed price action throughout the past few weeks After rallying up to highs of $415, it has been struggling to recapture this momentum as it largely trades below $400 Yesterday, ETH bulls pushed it to this key level before facing a massive influx of selling pressure that forced it lower It is now trading around its daily lows as bulls struggle to gain further momentum This has led one analyst […]

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Ethereum’s uptrend may be overheating as investor profitability reaches historic highs

Ethereum’s intense uptrend seen throughout the past few weeks has had far-reaching implications, even creating a tailwind that some believe sparked Bitcoin’s move from $10,000 to highs of $12,000.

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Ethereum Faces a Steep Drop After Rallying to One-Year Highs: Indicator

Ethereum has seen extremely strong performance over the past two months, growing against the dollar and Bitcoin. Before the crash the other day, the price of ETH against the dollar hit $415. And against BTC, the price of ETH reached as high as 0.

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Ethereum Bulls Face Mass Liquidation, But Analysts Point to Signs of Strength

Ethereum saw one of the most intense drops it has seen since mid-March yesterday, with the cryptocurrency’s price reeling from highs of $415 to lows of $300 in a matter of minutes. This decline caught bulls off guard, as the crypto was previously flashing signs of overt strength as it pushed higher each day. ETH’s […]

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Bitcoin Suddenly Plummets to $11.1k After Briefly Topping $12k – What’s Behind The Drop?

Bitcoin was looking solid and bulls were in control for the most part of last week. In the early hours of Sunday, it was in the $12K highs. But in a few minutes, it all came crashing down. With it, Ethereum, XRP, and other top coins also crashed. Where Bitcoin came from a $12K high […]

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Bitcoin is Flirting with a Fresh Bull Break – And It Could Devastate Altcoins

Bitcoin is now flashing some immense signs of strength as its price pushes up towards its yearly highs of $11,400. This comes as Ethereum, and many other major altcoins, also build technical strength.

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Ethereum Climbs to Yearly High, Technicals Show New Peaks Ahead

Since the Ethereum Foundation has accelerated the development of ETH 2.0, the buying pressure behind this cryptocurrency has skyrocketed to new yearly highs. Now, several technical indicators have pointed out...

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Analyst Is Predicting a “Deepish Pullback” For Ethereum as Price Fails at $325

Even after a slight pullback from the local highs of $330, Ethereum remains one of the best-performing cryptos of the past week. According to Coin Market Cap data, the asset is trading for $324 on leading margin exchanges at the moment.

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Ethereum Overbought, ETH Bound for a Correction

Ethereum’s on-chain metrics look weak despite recent bullish price action. If the trend continues, ETH could be bound for a steep correction. Ethereum Rises to New Yearly Highs Ethereum made...

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These 3 Signs Show Ethereum’s 35% Surge Could Soon Be “Halted”

“Explosive” would be a good term to describe Ethereum’s price action over the past week. Per data from TradingView, the asset is up approximately 35% in the past seven days when assuming the $230 highs the asset surged to.

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Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen

Bitcoin is tracing gold to yearly highs, a crypto hedge fund folded and a Swiss firm launched bitcoin's first actively managed ETP.

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Bitcoin and Ethereum Rise to New Yearly Highs

BTC was able to provide a daily return of 11.15%.

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Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally

Bitcoin and the entire cryptocurrency market witnessed an intense upswing overnight, with BTC and Ethereum outshining altcoins for the first time in many weeks This sharp upwards movement came about suddenly, and for a brief moment allowed Bitcoin to shatter the resistance it previously faced at $10,000 The selling pressure above this level was heavy, however, and caused the cryptocurrency’s price to decline after it hit highs of $10,200 Despite the rejection here, analysts are […]

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Massive Global Stimulus Drives Gold to Near All-Time Highs

In the wake of the largest stimulus spending in history, prices for store-of-value (SOV) assets have increased dramatically. These assets include precious metals like Gold, as well as the top-dog cryptos Bitcoin and Ethereum.

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Bitcoin’s Break Above $9,500 Could Fuel a Massive Push Higher; Claims Analyst

Bitcoin saw a notable upswing yesterday that allowed it to break through the resistance that it had formed in the mid-$9,000 region This came about shortly after the breakout rally posted by Ethereum, which sent the crypto from the lower-$240 region to highs of $270 It now appears that Bitcoin’s mid-term outlook is significantly brighter as a result of this latest movement One analyst is noting that the benchmark crypto could be well-positioned to rally […]

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Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge

After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […]

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Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear

The Ethereum network seems to be cracking under pressure as stablecoins and the DeFi ecosystem continue to expand. As a result, gas usage has skyrocketed to new highs along with network fees—so how can this be positive for Ethereum? As DeFi markets near $3 billion total value locked, the strains on the Ethereum network are […] The post Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear appeared first on BeInCrypto.

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Analyst Fears a Drop as Ethereum Deposits Spike to Multi-Week Highs

Like Bitcoin, Ethereum (ETH) has flatlined over recent weeks in an extremely tight range. For the leading altcoin, this range has been approximately $230-245. Bears may soon gain the upper hand as the on-chain and technical analysis case for Ethereum has purportedly flipped bearish.

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This Technical Pattern Could Send Ethereum to New Yearly Highs

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks. This has made it exposed to some near-term downside, as BTC is currently sitting just a hair above the lower boundary of its long-held trading range between $9,000 and $10,000.

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Ethereum Embarks on a “Moon Mission” as Analysts Eye a Move to $290

Ethereum is beginning to flash some signs of strength as it pushes up against the upper boundary of its long-established trading range between $230 and $250. If it can surmount the resistance it is currently facing, it is a strong possibility that it will soon set fresh post-March highs.

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XRP’s Recent Collapse Could Force Ethereum Under $200, Analyst Suggests

While Bitcoin, Ethereum, and other top cryptocurrencies are near year-to-date highs, the same cannot be said for XRP. As the chart below depicts, the leading altcoin is trading at $0. 185 as of this article’s writing.

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Crypto market analysis: Bitcoin, Ethereum and Bitcoin SV

Most of the top cryptocurrencies are trading with low highs and higher lows as...

The post Crypto market analysis: Bitcoin, Ethereum and Bitcoin SV appeared first on Coin Journal.

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TOP 3 Price Analysis: BTC, ETH, XRP ? Buyers Showing Last Efforts to Save Bullish Trend

Is the current bounce the last one before Bitcoin (BTC), Ethereum (ETH), and XRP set new local highs?

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The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs

Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it.

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Ethereum Active Addresses Surge to a Two-Year High But They Also Coincide with Market Tops

Currently in the green by 1.07%, Ethereum is trading at $224, up 80% YTD. ETH traders meanwhile are expecting more gains with ETHUSD longs on Bitfinex still near all-time highs. This growth has the USD balance of ETH on the crypto exchange nearly doubling this year which is in exact opposite trend with the Bitfinex’s […]

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Ethereum’s price is bearish despite massive fundamental growth: here’s what’s next

Ethereum has seen its transaction volumes soar, active addresses hit new all-time highs and... The post Ethereum’s price is bearish despite massive fundamental growth: here’s what’s next appeared first on Coin Journal.

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Ethereum Active Address Count Hits 2-Year High, Yet ETH Is Still Bearish

Ethereum’s price is more than 80% below its all-time high above $1,400. Yet this bearish price performance on a macro scale has not stopped users from flooding to the network. Data suggests that usage of the network is starting to reach the highs seen at the peak of 2018’s bubble.

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Majority of Bitcoin Hasn’t Moved in a Year, While BTC Issued on Ethereum Reaches New Highs

Data from on-chain analytics firm Glassnode shows over 61 percent of Bitcoins on the open market have not moved in over a year. In contrast, the usage of Bitcoin-pegged ERC20 tokens has increased.   Bitcoin a HODL or Inherent Risks? On-chain analytics firm Glassnode shows a majority of all Bitcoin has not moved in over aRead MoreRead More.

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Number of Ethereum Hodlers with Wallets Storing 10+ ETH Reaches New ATH

The second biggest crypto, Ethereum, has reached several new major highs in its on-chain fundamental data, showing that investors are holding more ETH than before

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Ethereum (ETH) Daily Transaction Count Blasts Above Yearly Highs, Surpassing 1M

Cryptocurrency investor and dev Nick Cannon is confused by the market ignorance of the huge Ethereum (ETH) network usage upsurge. Some metrics breaking above yearly highs

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Fund Manager: Crypto Could Soon Rally 4,000% to a $10 Trillion Market Cap

Bitcoin and other top crypto assets are trading far from their all-time highs. According to data from TradingView, BTC is trading more than 50% below its all-time high, while Ethereum is down nearly 85%.

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Ethereum (ETH) Price Analysis ? Chances of Reaching $250 Decreasing

Does Ethereum (ETH) have enough strength to set new 2020 highs?

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Ethereum on Unstable Ground Following Immense Overnight Turbulence

Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2.

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There Are Three Fundamental “Waves” That Could End Ethereum Bears in the Long Run

Although Ethereum has embarked on an impressive 170% rally since March’s lows, the cryptocurrency remains more than 80% below its all-time high of $1,430. With such a strong retracement from its all-time highs, there have been some skeptics questioning if ETH will ever hit a new all-time high.

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Ethereum to Target $300 Once it Reaches This Massive Support Zone

Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a...

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Ethereum Forms “Compelling” Bearish Reversal Pattern; Here’s What Could Invalidate It

An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […]

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Breaking Past This Level May Spark a New Ethereum Bull Run

As lauded by a number of top analysts, Ethereum continues to be one of the best performers in the crypto market. Since the turn of the year, the largest altcoin has more than doubled in value. More so, before the worldwide COVID- 19 outbreak, it had found its way into the $300 highs. While it’s […]

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