3 Trends Show Ethereum Is On Track For Strong Growth in 2021
Ethereum has undergone a strong drop from its year-to-date highs at $490. The coin currently trades for $375, around 25% below those highs. At the worst of the correction last month, the coin was down even further. Ethereum remains bullish on a long-term basis as long-term trends favor bulls, analysts say. One trader recently shared a chart indicating that both the technicals and fundamentals favor bulls. Three Ethereum Trends Suggest the Coin Is Primed to […]
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Ethereum has seen a strong bounce since the September lows near $310. The coin now trades for $455, though peaked at $465 a few days ago. Technical trends show that the cryptocurrency will likely continue its ascent in the months ahead. Analysts are specifically eyeing a move toward $800, as that’s where macro resistance lies. Ethereum Technical Trends Suggest Growth Toward $800 Possible Ethereum has seen a strong bounce since the September lows near $310. […]
Bitcoin is expected to soon see a strong breakout as the price action of the cryptocurrency tightens after the news that the U.S. CFTC is charging BitMEX. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Bitcoin Primed to Break Out, Technical Trends Show Bitcoin’s price action has undergone extreme tightening over […]
Ethereum has undergone a strong bounce since the lows seen in September. As of this article’s writing, the coin trades for $372, around 20% above those lows. The cryptocurrency is about the set a weekly close above the $365-370 resistance. Despite this strong bounce in the price of Ethereum, on-chain metrics show that the blockchain is currently weakening. Fortunately, the leading cryptocurrency has positive fundamental and technical trends that may result in growth in the […]
See what the Cointelegraph crew thinks are the most important trends of 2021 in our latest video. Bitcoin bubbles, Big Brother, decentralized finance, nonfungible tokens and Ethereum: These are some of the key 2021 trends that the Cointelegraph crew pointed out back at the beginning of January. To assemble these opinions, each of our contributors was asked three questions:What current crypto trends will continue in 2021?What trends do you not expect to continue?What trends will we see in 2021 that we didn't see in 2020?How would you answer these questions? Take a moment to think, then....
Ethereum addresses have been on a strong, steady increase since last year, but daily transaction volumes and the number of whales on-chain are decreasing. New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share.Blockchain intelligence firm IntoTheBlock shared its findings about Ethereum in a Feb. 15 tweet.#Ethereum users growth in a nutshell A good way to track the adoption is by....