Ethereum (ETH) Outlook: $2,500 Break Could Trigger Major Rally — Expert’s Pri...
Ethereum (ETH) slid on Tuesday, trading just above $2,080 as the wider crypto market weakened — a level well shy of a critical threshold identified by expert Ali Martinez as the trigger for a sustained macro bull run. In a breakdown shared on social media platform X, Martinez argued that reclaiming a realized price near $2,500 would mark the moment the average holder returns to profit and signal the end of the market’s “cooling period,” opening the door to a renewed, extended rally. Technical Crossroads For Ethereum Martinez framed the current price action in technical terms, suggesting....
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Ethereum stayed above the $3,400 support zone against the US Dollar. ETH price must clear $3,540 to start a fresh rally in the near term. Ethereum remained well supported above the $3,400 and $3,380 levels. The price is now trading near $3,520 and the 100 hourly simple moving average. There is a major declining channel forming with resistance near $3,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if there is a clear break above $3,540 and $3,550. Ethereum Price Could Turn Green Ethereum started a fresh decline from the $3,600 resistance zone.....
Ethereum extended its rally towards the $3,650 level against the US Dollar. ETH price is correcting gains, but dips are likely to remain limited below $3,500. Ethereum started a fresh increase above the $3,600 resistance level. The price is now trading above $3,500 and the 100 hourly simple moving average. There was a break below a contracting triangle with support near $3,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase as long as it is above the $3,500 level. Ethereum Price Remains Supported Ethereum remained in a positive zone above the....
Ethereum struggled to clear the $1,400 resistance and declined to $1,275 against the US Dollar. ETH price is struggling, but it could recover once there is a clear break above $1,350. Ethereum topped near the $1,375 level before dropping back to $1,275. The price is now trading below the $1,350 pivot level and the 100 […]
Blockstream CEO, Adam Back, denied on Wednesday that he is Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), responding to a New York Times (NYT) investigation that pointed to him as the leading suspect. The NYT report, by John Carreyrou, drew on a range of circumstantial evidence — including parallels in writing style, the use of British spellings, and overlapping cryptographic expertise — to argue that Back could be the person behind Bitcoin’s origin story. Adam Back Rejects NYT Case In his post on social media platform X (previously Twitter), Back said plainly, “I’m not....
JPMorgan CEO, Jamie Dimon, warned investors in his latest annual letter that the bank must accelerate its efforts in blockchain technology to meet mounting competition from the crypto sector. Dimon told shareholders that a “whole new set of competitors” has emerged around blockchain-based products — including stablecoins, smart contracts, and broader tokenization — and that the bank needs to “roll out our own blockchain technology” to defend its market position. JPMorgan Doubles Down On Crypto The call to action comes as the US regulatory landscape for crypto undergoes notable shifts and....