It’s been a tough week for ether as the second-largest crypto asset by market cap is down 8.7% against the greenback. Today, priced at $3,273 per ETH with a market capitalization of $394 billion and a 24-hour trading volume of $22.90 billion, ethereum oscillated within an intraday range of $3,192 to $3,322 on Jan. 11, […]
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Digital asset prices may still see substantial gains before the market corrects, the analyst said.
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Steno predicts Bitcoin at $150,000 and Ether at $8,000, setting the stage for an altcoin season in 2025.
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The monthly record in ETF inflows was insufficient to lift Ether’s price past the $3,500 resistance, which would trigger over $1 billion worth of leveraged short liquidations.
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Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.
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Beyond the $1.1 million unrealized profit, the trader earned over $680,000 worth of funding fees on his short position, ripe for liquidation above $4,750.
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Ethereum, valued at $468 billion, traded within an intraday range of $3,851 to $3,957.89 on Dec. 14, 2024, reflecting a 20.2% drop from its peak of $4,878.2 on Nov. 10, 2021. Ethereum The daily chart reflects ethereum’s ongoing consolidation, with a peak at $4,096.6 marking the recent high of an uptrend that began at $3,014.5. […]
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Ether’s price may see an imminent breakout against Bitcoin based on Ether’s correlation with the four-year Bitcoin halving cycle.
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Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings.
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