Best Crypto to Buy Now as Ethereum’s Momentum Builds with Strong Futures and ...
Ethereum has struggled to sustain the all-important $2.5K level. It’s currently trading in a tight zone between $2.75K and $2.4K ever since May 10. It’s worth noting that even after the recent 9% decline in $ETH’s prices, the annualized premium stands at 6%. This means that $ETH futures are currently at a 6% premium compared to spot. In simple words, traders are willing to pay more for $ETH than its spot price, indicating an overall neutral-to-bullish sentiment. Read on as we discuss the ongoing market sentiments around Ethereum. We’ll also suggest the best crypto to buy now to ride....
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The second-largest crypto asset, Ethereum, is again capturing market attention as bullish momentum builds, but its path to reclaiming higher price levels and maintaining a strong rally is far from guaranteed. As ETH shows strength, crypto analysts point to key zones that might bolster the altcoin’s renewed upward trend. A Pivotal Price Point To Spur […]
Ethereum‘s ongoing bullish action hasn’t fully faded yet as the general crypto market builds momentum. While Ethereum’s price has displayed a brief surge, the network continues to show weakness in user engagement, even with recent key updates meant to boost the network’s performance and appeal. On-Chain Engagement With Ethereum Lagging A leading on-chain data analytics […]
Ethereum’s price has been facing significant downward pressure in recent days, with the cryptocurrency even dipping below the $2,000 mark for the first time since December 2023. The crash below $2,000 has done more harm to the already declining bullish sentiment, and the next outlook is whether there will be more incoming declines or whether the leading altcoin is already nearing a bottom. Notably, an interesting signal of a probable outcome has been revealed through the Ethereum CME Futures chart, where the monthly Relative Strength Index (RSI) just reached its lowest level on....
After several days of intense buying pressure and strong bullish momentum, Ethereum has finally paused its rally, finding resistance around the $2,740 mark. The move comes after ETH effortlessly cleared key resistance levels at $2,000 and $2,200, marking one of its strongest short-term performances in months. As excitement builds across the broader crypto market, Ethereum’s next move could define the strength and sustainability of this breakout. Related Reading: $1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal With price now stalling, analysts believe a period of....
After a period of bullish performance, Solana seems to be losing its upward momentum. The altcoin faced significant resistance at the $141 level. Even though SOL’s price has slightly pulled back, the asset remains strong for a significant upside movement, as crypto analysts foresee a rally to new highs. A Major Rally To New Heights […]