eth price | Crypto Profit Bot

Ethereum price hits $3.5K record as Winklevoss exchange adds Dogecoin

May 4, 2021

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Gemini follows eToro in integrating Dogecoin, as Ethereum underscores altcoins’ Bitcoin-crushing surge. 12080 Total views 46 Total shares Ether (ETH) hit $3,500 on May 4 as the star of this week’s altcoin rally battled Dogecoin (DOGE) for returns supremacy. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Ether doesn’t stop at $3,500 Data from Cointelegraph Markets […]

2 key Ethereum price metrics prove pro traders are behind ETH’s new highs

April 30, 2021

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As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise. Some analysts might dismiss Ether derivatives, considering CME’s future has $355 million in open interest compared to Bitcoin’s $2.4 billion. […]

Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%

April 22, 2021

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Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%. 7584 Total views 66 Total shares Ether (ETH), the largest altcoin by market capitalization, hit new all-time highs on April 22 despite a bearish phase sweeping through Bitcoin (BTC) and other cryptocurrencies. ETH/USD 1-hour candle chart (Bitstamp). […]

The major Ethereum support area is $1,800 but weaker than Bitcoin‘s — Analyst

April 9, 2021

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The price of Ether (ETH) is hovering near its all-time high once again, while Bitcoin (BTC) is still far from surpassing its record high at $60,805. But despite ETH demonstrating strong technical momentum and entering price discovery, on-chain analysis finds that its support is “narrower” than Bitcoin’s. Simply put, ETH faces a bigger risk of […]

38% Ethereum futures premium signals traders anticipate $2,500 ETH

April 3, 2021

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Now that Ether’s (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some analysts believe Visa’s initial USD Coin (USDC) stablecoin transaction settlement on the Ethereum network kicked off the most recent rally. Others attribute the current Ether hike to a “triangle market […]

$161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support

April 2, 2021

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With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending London upgrade, and this will change the gas fee structure, but traders are left to deal with high fees until then. […]

Ethereum breaks out against Bitcoin: Is a strong bull rally in the works?

April 1, 2021

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Ether’s (ETH) price has broken out for the first time in 23 days in its Bitcoin (BTC) pair. It follows a high-profile announcement from Visa to use USDC, a stablecoin based on the Ethereum blockchain. Although ETH/BTC saw a strong technical breakout, the uptrend has been fueled by firm fundamental catalysts, buoying the short-term bull […]

Ethereum fails to break out vs. Bitcoin as Treasury yields soar — Will ETH relief rally?

March 18, 2021

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Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18. There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level. First, BTC rallied strongly in a short squeeze after the majority […]

Ethereum vs. Bitcoin: Did ETH/BTC just bottom as Ether eyes $2K?

March 10, 2021

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Bitcoin’s (BTC) price has been broken past a major resistance level of $52,000 in the past few days and is approaching the all-time high region. However, other cryptocurrencies are rallying heavily as well. In the recent months, the market has seen massive surges for Cardano’s Ada, Polkadot’s DOT and Cosmos’ Atom. These altcoins have been […]

ETH breaks out vs. Bitcoin — What’s next for Ethereum after 100% gain in January?

January 25, 2021

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Ether, the native cryptocurrency of Ethereum, achieves higher highs as momentum continues to strengthen. 17976 Total views 127 Total shares The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, achieved a new all-time high on Jan. 25. At the same time, technical analysis shows that the ETH/BTC pair is breaking out […]

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