Crypto Analyst Says Ethereum Market Is A “Ticking Time Bomb”, Here’s Why
Ethereum has recently taken hits along with the rest of the wider market. Numerous market dips and crashes have seen the digital asset crashing back down below $3,000 in recent weeks and this has left ETH in a struggling position. With momentum down, it looks like the market is headed for another bear market as cryptocurrencies are now recording lower lows and lower highs with each dip and recovery. Related Reading | JPMorgan Analysts Say That Big Money Are Dumping Bitcoin For Ethereum The asset had dropped below the $2,700 price range for the first time in a two-month period. And the....
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Ethereum seems to be on a roll recently after BlackRock announced that it has filed for a Spot Ethereum ETF. The news of the filing propelled the price above the $2,000 level for the first time in six months, bringing the mega bulls out of the woodwork. In line with this, one analyst has predicted […]
Ethereum, aside from Chainlink, is the best performing cryptocurrency in the top ten by market cap. The top-ranked altcoin has had enjoyed a substantial rebound from bear market lows and surged all throughout 2020 on the heels of the DeFi trend. But despite the greater crypto market recovery, one crypto analyst sees a bearish Elliott […]
Core Ethereum developer Preston Van Loon says that the network's long-awaited transition to proof-of-stake will most likely happen this August. Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August. Hopefully. Preston Van Loon, a core developer of the Ethereum (ETH) network, told attendees at the Permissionless conference that the transition, known as the Merge, would occur sometime in August if everything plays out according to plan.Ethereum core Dev @preston_vanloon just said....
According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bull cycle. Ethereum Price Headed To $12,000? Prominent crypto analyst Captain Faibik has issued a stark warning to investors, urging them to buy Ethereum at a particular price low or risk entering the market late and regretting it. With Ethereum’s current price action signaling a potential....
Crypto analyst Tice has declared that an Ethereum price rally to $4,000 isn’t a moonshot but one that is bound to happen. This came as he revealed that he was accumulating ETH based on the technicals, which point to a buy sentiment. Analyst Reveals Ethereum Price Rally To $4,000 As A Structural Magnet In an X post, Tice stated that an Ethereum price rally to $4,000 wasn’t a moonshot but a structural magnet. He further remarked that he was loading up on ETH while everyone is giving up. His conviction in ETH is based on the technicals, which point to an imminent rally for the second-largest....