Things are “Getting Serious” for Ethereum as Analysts Eye Continuation
Ethereum is currently in a precarious position due to it flashing some immense weakness against its Bitcoin trading pair in recent weeks This has created some headwinds for its USD pair as well, leading to a pattern of severe underperformance against the benchmark cryptocurrency and even other altcoins It has still been able to post […]
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Ethereum is expected to shoot higher in the weeks ahead despite the recent price consolidation. The cryptocurrency has held well in the high-$500s despite some downward pressure in the Bitcoin price. Analysts think that ETH could push toward $900 and beyond in the near future, especially due to the positive fundamental event of the ETH2 launch. Boosting Ethereum’s prospects, analysts are also bullish on Bitcoin. Ethereum Could Shoot Even Higher, Leading Analysts Say Ethereum is […]
Ethereum has underperformed Bitcoin as BTC has pushed past $33,000 today. ETH is up 8% in the past 24 hours while BTC has gained over 11%. Despite the relative underperformance, analysts soon think that Ethereum will catch up to the leading cryptocurrency. Analysts are targeting $800 in the short term as Ethereum moves past key […]
Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. Ethereum Could Move Toward $500 Analysts think that Ethereum is primed to press higher […]
Bankrupt mining conglomerate KnC Group has announced that Gogreenlight has acquired the assets of its KnC Miner subsidiary. KnC Miner Deal ‘Only Has A Few Things Left’. The newly incorporated company, owned by Swedish entrepreneur Sten Oscarsson, focuses primarily on green data centers. It purchased the assets for an undisclosed amount. Trustee Nils....
Ethereum has dropped since its $460 highs. The coin of the leading cryptocurrency currently trades for $440, though analysts say that it may catch a bid if it goes lower. Analysts are specifically eyeing the $420 region, at which point ETH should post a strong bounce. Bolstering the Ethereum bull case, on-chain data shows that there is an accumulation of the coin taking place. Other trends show that ETH is being accumulated for the ETH2 […]