Ethereum Could Breach $3,000 Level In 2023 And It ‘Makes Sense,’ This Analyst...
Ethereum (ETH) price went down by 2.8% over the last 24 hours but the asset still has the ability to sustain the $1,500 range. At press time, according to tracking from Coingecko, the second largest cryptocurrency in terms of market capitalization is trading at $1,506 and is still up by 17.5% for the past seven […]
Related News
Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price surge similar to a pattern witnessed in 2023. Related Reading: Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level Key Level To Watch For A Rally To $8,100? According to Marks, Ethereum is poised to replicate a....
Price action in Ethereum has attracted the attention of investors and analysts alike, as it trades near a critical support level at $2,600. Analyst Ali Martinez has pinpointed this region as the critical threshold that Ethereum will cross before it makes its next significant move. Related Reading: Bitcoin Potential For Monetary Policy Sparks Growing Interest Among Central Banks If this support is sustained, according to Martinez, it shall serve as the catalyst in staging a rally to usher the cryptocurrency to the ambitious target of $6,000. However, things do not seem that smooth ahead as....
Bitcoin price rallied to $12,000 but traders are unsure whether the move is a breakout or a fakeout. Within the past few hours, Bitcoin (BTC) price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested that the dominant cryptocurrency is in the process of decoupling from the rest of the market, including U.S. equities.The general sentiment around Bitcoin among analysts and traders remains positive and multiple on-chain analysts say that Bitcoin has been behaving like a safe-haven asset.....
Hashflare, likely the first of the non-Ethereum family to come out publicly as affected by the breach in the DAO contract, has suspended ETH mining activities. Following the breach experienced in The DAO contract, Hashflare has announced the suspension of its ETH mining activities. “It is our duty to let you know that due to the recent breach in the DAO contracts, ETH mining and withdrawals will be blocked until the breach is fixed,” the cloudmining company stated in a notice sent out to its subscribers. It adds: “At this exact moment, the developers of the DAO and Ethereum are working....
Following Bitcoin and other altcoins like Ethereum, Solana is edging higher, clawing its way back after sharp losses in June. Even though the buyers are yet to reclaim the $155 support level, the expansion over the last few days has seen the coin add 25% after plunging in early July. Is SOL Preparing For $1,000? These encouraging gains over the last few days have seen traders project major gains in the coming days and weeks. Taking to X, one analyst said the coin would easily be more than 6X from spot rates, rallying to as high as $1,000 in the next bull cycle. As things stand, it is....