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Ether Could Hit $10K, FundStrat Says

“The crypto narrative is shifting from bitcoin to ethereum,” wrote FundStrat, which placed a $10K price target on ETH for this year. Ether (ETH), the second-largest cryptocurrency by market cap, could see further gains towards $10,000 this year after reaching a new all-time high around $2,780 on Thursday – a roughly threefold increase forecasted by […]

Ether Price Flirts With $2,400 ATH

New all-time highs are being witnessed all over the cryptocurrency market, and Ether is no exception, the Cointelegraph writes. Led by Bitcoin’s (BTC) ascent to a new all-time high along with much of the wider cryptocurrency market, Ether (ETH) continues to push new all-time highs on Wednesday as the coin’s price flirted with the $2,400 […]

Ether’s Record Run Came With Less Support Than Bitcoin’s, Blockchain Analysis Shows

Compared with bitcoin’s (BTC) rally to a record price above $61,000 in March, ether’s latest bull run to an all-time high over $2,100 was supported by scantier demand from buyers, according to a top blockchain-data analyst.  Philip Gradwell, chief economist at Chainalysis, said on CoinDesk TV’s “First Mover” show that “relatively little” ether (ETH) was […]

Ether Tops $1.7K, Setting New Record as CME Futures Launch Nears

Ether’s bull run continues with prices topping the $1,700 mark to set new all-time highs. At the current price of $1,717, the native token of Ethereum’s blockchain is up 5% on a 24-hour basis, according to CoinDesk 20 data. The cryptocurrency has gained 30% so far this week. Trader and analyst Alex Kruger foresees a continued […]

Ethereum Will Become the Main Asset for Investors in 2021

The potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH. During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin […]

Ethereum Struggles Near $1,250: Why ETH Remains Attractive On Dips

Ethereum gained bullish momentum above the $1,150 resistance against the US Dollar. ETH price broke the $1.200 resistance, but it struggled to clear the $1,250 level, the NewsBTC writes. Ethereum started a steady increase above the $1,150 and $1,200 resistance levels. The price is facing a resistance near $1,250 level, but it is above the […]

Ethereum Weekly Setup Sees Price Near $980 by May 2021

Ethereum pared a small portion of its recent gains this Monday on profit-taking sentiment. The ETH/USD exchange rate fell by more than 6 percent to $595.22 ahead of the New York opening bell. The pair’s downside move appeared a day after it logged a new year-to-date high of $676.94. While it managed to hold its gains during […]

Ethereum Remains Vulnerable, Why Close Above 100 SMA Is The Key

Ethereum declined towards the $530 zone before recovering above $550 against the US Dollar. ETH price is now facing a strong resistance near the $580 level and the 100 hourly SMA, the NewsBTC reported. Ethereum started a strong recovery wave above the $550 and $565 resistance levels. The price is now facing hurdles near the […]

Parabolic Rally ‘a Real Possibility’ after Ethereum Price Surges to $547

Traders expect Ethereum price to move higher after the altcoin secured a new 2020 high at $547 today. The price of Ether (ETH), the native cryptocurrency of Ethereum, has surpassed $547. Following the breakout, traders are pinpointing several key resistance levels in the near term. In the short term, traders generally foresee $600 as the […]

PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops

Bitcoin blows past its previous 2020 high while ether’s crypto market share dips from its 2020 high in September, the CoinDesk writes. Bitcoin (BTC) trading around $12,709 as of 20:00 UTC (4 p.m. ET). Gaining 6.4% over the previous 24 hours. Bitcoin’s 24-hour range: $11,863-$12,916 BTC above its 10-day and 50-day moving averages, a bullish signal […]