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news-imageDecember 24, 2024

Ethereum leverage hits peak levels: Is a bullish breakout coming?

Ethereum faces resistance at $3,500 but metrics reveal traders' growing confidence.
Publisher: AMBCrypto
Sentiment: Positive
ETH

More News Articles

Negative
cover-imageThe Currency Analytics
December 24, 2024

Ethereum Price Forecast: Is a Drop Below $3,000 on the Horizon for ETH

Ethereum (ETH) has been facing growing bearish pressure recently, and market watchers are increasingly concerned that the price could decline toward the psychological $3,000 level. This follows a wave of selling activity across both long-term and short-term holders, alongside other key indicators pointing to a potential downturn.

Positive
cover-imageBenzinga
December 24, 2024

Bitcoin, Ethereum, XRP, Dogecoin Surge Around 5% In Christmas Eve 'Santa Rally'

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.

Positive
cover-imageCoingape
December 24, 2024

5 Reasons Ethereum Price Can Jump 20% By Jan. 1

Ethereum's price is still struggling to find direction as profit-taking and weak sentiment in the crypto industry continue. Still, fundamentals like rising spot ETH ETF inflows and negative exchange net flows and technicals like the MVRV indicator point to a potential rebound by January 1.

Negative
cover-imageThe Currency Analytics
December 23, 2024

Ethereum Struggles as Justin Sun Sells $143M ETH, Causing Price Drop

The cryptocurrency market is currently experiencing bearish momentum, and Ethereum (ETH) seems to be at the heart of this downturn. A major factor contributing to Ethereum's decline is the actions of Justin Sun, the founder of Tron (TRX), who has been selling off a significant portion of his ETH holdings.

Negative
cover-imageBenzinga
December 23, 2024

Bitcoin, Ethereum, XRP, Dogecoin Slide On Quiet Monday, Trader Predicts 'Choppy' Price Action Until 2025

Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $92,996.64 -3.2% Ethereum (CRYPTO: ETH) $3,313.40 -0.3% Solana (CRYPTO: SOL) $184.82 +0.9% XRP (CRYPTO: XRP) $2.16 -4% Dogecoin (CRYPTO: DOGE) $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB) $0.00002168 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%.

Negative
cover-imageBenzinga
December 23, 2024

Ethereum Price Drops 17% In 7 Days: What Is Going On With ETH?

Ethereum (CRYPTO: ETH) has dropped 17% in the past week, but analysts and traders suggest this could be a setup for a significant rally in 2025, fueled by increased investor interest and key bullish metrics. What Happened: Lookonchain posted on X on Dec. 23 that North Korean hackers suffered a $458,000 loss after betting on an Ethereum price increase.

Positive
cover-imageCrypto Economy
December 23, 2024

Ethereum's Bullish Signals: On-Chain Metrics Suggest Optimism Among Traders

TL;DR Ethereum shows bullish signals despite the recent market correction, supported by indicators suggesting a positive outlook for the coming days. Key factors like the high Estimated Leverage Ratio and moderately positive funding rates indicate sustained confidence and room for further growth. ETH funds continue to rise, indicating strong confidence in the asset's future.

Positive
cover-imageThe Motley Fool
December 23, 2024

Ethereum Is the World's Second-Largest Cryptocurrency. But Is It a Buy?

If you're an Ethereum (ETH -1.18%) investor, the good news is that the world's second-largest cryptocurrency is up an impressive 50% for the year. Ethereum recently broke through the $4,000 price level and, even with a recent pullback, is within striking distance of regaining its all-time high of $4,891 from November 2021.

Positive
cover-imageBenzinga
December 23, 2024

Ethereum, Solana Outfox Bitcoin, XRP In Industry Expert's 205 Crypto Predictions

Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.

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