Category: eth price

Bitcoin extends correction as Ethereum sees ‘picture perfect’ rejection at all-time highs

October 22, 2021

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A copycat move from ETH leaves investors noticeably disappointed and puts the brakes on the “up only” trend of the past week. 6099 Total views 46 Total shares Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: […]

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Ethereum risks drop below $3.2K as ETH price faces heavy resistance

October 8, 2021

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Ethereum’s native token Ether (ETH) is at risk of falling below $3,200 in the coming sessions as its rally comes face-to-face with a strong resistance zone. In detail, the price of Ether swelled by almost 22% on a month-to-date timeframe in the wake of a market-wide price rally. That pushed the second-largest cryptocurrency by market capitalization […]

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Ethereum fractal from 2017 that resulted in 7,000% gains for ETH appears again in 2021

October 3, 2021

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Bids for Ethereum’s native token Ether (ETH) could rise to $13,000 in the next two months if history repeats. This shows a fractal indicator from 2017, consisting of at least four technical patterns that were instrumental in pushing the ETH price up by over 7,000%. The same set of bullish indicators have flashed once again […]

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3 factors that can send Ethereum price to 100% gains in Q4

October 1, 2021

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Ethereum’s native token, Ether (ETH), has the potential to double its market valuation in the coming months, thanks to a confluence of supportive technical and fundamental indicators. Ether’s price soared by more than 9% on Oct. 1 to hit nearly $3,300 for the first time in 10 days. Its gains surfaced primarily in the wake […]

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Ethereum options data suggests the battle for $4K ETH is at least a week away

September 16, 2021

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For the past 40 days, Ether (ETH) has trended modestly upward, respecting a narrow channel most of the time. It enjoyed a brief rally toward $4,000 in the first week of September, but a subsequent crash brought the price into the ascending channel. Ether price at Bitstamp in USD. Source: TradingView In August, nonfungible tokens […]

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Bullish Ethereum traders can place risk-averse bets with this options strategy

August 14, 2021

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Being bullish on Ether (ETH) has paid off recently because the token gained 60% in the last 30 days. The spectacular growth of decentralized finance (DeFi) applications likely fueled inflow from institutional investors, and the recent London hard fork implemented a fee burn mechanism that drastically reduced the daily net issuance. Although Ether is not […]

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Ethereum price drops below $3K, but ETH options data reflects optimism

August 12, 2021

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Ether’s (ETH) 81% rally over the last three weeks caught professional traders off-guard, and this week’s upcoming options expiry reveals that of the $430 million in contracts set to expire, only 7% of the neutral-to-bearish put options will be available if Ether holds above $3,200 on Aug. 13. Ether price in USD at Coinbase. Source: […]

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Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears

August 7, 2021

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Ethereum’s native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency’s incredible move upside also boosted its possibilities of facing a bearish backlash. An on-chain indicator that tracks the total percent of Ethereum addresses in profits predicted the said downside outlook. In detail, […]

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Ethereum’s $1.5B options expiry on June 25 will be a make-or-break moment

June 12, 2021

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On June 25, Ether (ETH) will face its largest options expiry in 2021 as $1.5 billion worth of open interest will be settled. This figure is 30% larger than March’s 26 expiry, which took place as Ether price plunged 17% in 5 days and bottomed near $1,550.  However, Ether rallied 56% after March’s options expiry, […]

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Ethereum options data shows traders’ mixed opinions on ETH’s future

June 4, 2021

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Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. 18720 Total views 11 Total shares After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or […]

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