3 Major Metrics To Watch Out For That Can Impact Ethereum Prices
The crypto market has been plagued with increased volatility lately, with the second largest crypto token by market cap, Ethereum (ETH), not exempt. This has made it harder to determine Ethereum’s future trajectory. However, certain metrics indicate what direction ETH’s price could head in when this volatility subsides. Ethereum Investors Are Bullish Data from Coinglass shows that most Ethereum investors and traders are still bullish on the crypto token despite recent fluctuating prices. Specifically, most of these traders have continued to open long positions on Ethereum, meaning they....
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Consistently full blocks are the primary reason that gas prices have reached all-time highs. A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate the problem.According to the Ethereum Gas Report by Coin Metrics, median fees on Ethereum have been consistently over $10 for most of 2021. Comparatively, the average Ethereum transaction fee reached just $5.70 at the height of the 2017/2018 bull run.It attributed some of this....
CoinDesk Research's Monthly Review for October focuses on Bitcoin and Ethereum plus some of the stories their on-chain metrics are telling us.
David Derhy, analyst, eToro: Ethereum prices rebound with proposals set to change gas fees Ethereum prices rocketed back above $1,700 over the weekend, hitting a multi-week high after a major upgrade to the network was announced. The Ethereum Improvement Proposal 1559 will be implemented as part of the planned London hard fork coming this July for the network and will see a major shift in the way users transact. Currently, users pay a gas fee […]
The Ethereum price has been one of the best performers in the cryptocurrency market in the third quarter, reaching a new all-time high at the end of August. However, the second-largest cryptocurrency has struggled to build on this record-setting momentum in September. With September and the third quarter of 2025 almost done, the Ethereum price appears to be struggling to reclaim the psychological $4,000 support level. Below are the critical support levels to watch for should a deeper correction occur, according to the latest on-chain data. Is $3,500 The Next Stop For ETH Price? In a....
David Derhy, analyst, eToro: Ethereum prices rebound with proposals set to change gas fees Ethereum prices rocketed back above $1,700 over the weekend, hitting a multi-week high after a major upgrade to the network was announced. The Ethereum Improvement Proposal 1559 will be implemented as part of the planned London hard fork coming this July […]