Ethereum, for one, had a spectacular comeback. Specifically, it has increased by 5.2% in price and daily trading volumes have exploded by 88%, now reaching $22.5 billion. Open interest in Ethereum is approaching $40 billion, a mark not seen since mid-October. This unique mix of fundamentals has led many to...
Dogecoin, the meme-turned-crypto sensation, is making moves once again, mesmerizing the community with its recent surge into the spotlight. Now, new on-chain data has brought to light an unprecedented explosion in whale activity, leading to increased logic of an upcoming price explosion. For those entrenched in the crypto space, BlockOpulent...
Ethereum (ETH) is approaching an important resistance level, and it’s showing indication of a potential breakout. This recent advancement is fueling hope among investors. Technical indicators Ethereum (ETH) appears to have reclaimed its upward trajectory. The $2,790 resistance serves as a significant bearish trend line. Such an upward movement would...
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently witnessed a significant rally that has piqued the interest of crypto enthusiasts and investors. The question on everyone's mind: Can ETH reach $4,000 and beyond? A perfect storm of reasons, from on-chain metrics to wider market sentiment and institutional adoption,...
Ether (ETH) blasted off. Ether soared in price, rising by 6.5% as buy pressure flooded in. Investors drove it toward the $4,000 level. Despite the market volatility, the cryptocurrency showed strong bullish momentum, breaking all major resistance levels with huge volumes.Ether started its latest climb from a low of about...
Ethereum saw one of the largest price increases in history, jumping 29% in a 24 hour period from May 8 to May 9. If so, this rally would signal an end to a 10-week bear market. During this recent bear market, Ethereum fell to its recent low of $1,385 on...
After Ethereum’s recent breakout above $2,000, many investors and analysts alike are left asking the question— is this rally sustainable? Following a year-long bear market, Ether (ETH) returned an astounding 29% surge from May 8 to May 9. This article dives into the factors driving this surge, analyzes market trends,...
Instead, Ethereum’s recent 29% price surge has made waves, splashed across headlines, and rekindled the hopes of many. But hold on there, before you start counting commissions and ordering your Lambo. Are we right to be optimistic, or are we seeing an oasis that doesn’t exist in the crypto desert?Derivatives...
Ethereum (ETH) has been on an incredible tear, rising more than 44% in the past three days alone. Analysts are all atwitter with conjecture off this monster rally. Some have speculated that the second largest cryptocurrency, by market value, is on its way to a price target of $10,000. A...
Ethereum—now all the rage in the crypto world—and with good reason. Recent market activity indicating that large holders — commonly called “whales” — are buying up massive quantities of ETH suggests this may be the case. Collectively, this action is usually indicative of a bullish sentiment. As a result, millions...
