eth price | Crypto Profit Bot

Ethereum price breaks out as ‘bad news is good news’ for stocks

June 24, 2022

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Ethereum’s native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S. economic data and its potential to cool down rate hike fears. Ether mirrors risk-on recovery ETH’s price climbed up to 8.31% on June 24 to $1,225, six days after falling below $880, its lowest level since January 2021. Overall, the upside […]

Ethereum risks another 60% drop after breaking below $1K to 18-month lows

June 18, 2022

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The price of Ethereum’s native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued despite the weekend. Ether reached $975, its lowest level since January 2021, losing 80% of its value from its record high in November 2021. The decline appeared amid concerns about the Federal […]

BTC price crashes to $20.8K as ‘deadly’ candles liquidate $1.2 billion

June 14, 2022

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Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price hits 18-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $20,816, on Bitstamp, its lowest since the week of December 14, 2020. A sell-off […]

Brandt’s bearish ETH call — But community predicts $3K before Merge

June 9, 2022

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Veteran futures trader Peter Brandt has suggested that the price of Ether (ETH) could drop to as low as $1,268 in the coming month, but the consensus view of 15,500 members of the CoinMarketCap community is that the price will have hit roughly $3,131 by June 30. The Ethereum network is now in the final […]

3 reasons Ethereum price risks 25% downside in June

June 5, 2022

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Ethereum’s native token Ether (ETH) has dropped more than half of its value in 2022 in dollar terms, while also losing value against Bitcoin (BTC) and now remains pinned below $2,000 for several reasons. What’s more, ETH price could face even bigger losses in June due to another slew of factors, which will be discussed below. […]

Bitcoin loses $40K as BTC price support levels give way to 1-week lows

March 5, 2022

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Bitcoin (BTC) stayed below some critical support zones into the weekend after a late sell-off cost bulls the $40,000 mark. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Upper range support levels crumble for BTC Data from Cointelegraph Markets Pro and TradingView painted a lackluster picture for BTC/USD Saturday — the pair lingering near $39,000 after seeing […]

Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

February 5, 2022

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Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its 50-week exponential moving average (50-week EMA; the red wave in the chart below) means the price also inched above […]

3 reasons why Ethereum can reach $5,000 in Q1

January 4, 2022

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Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a new record high in the next few months, as several widely-tracked technical, macroeconomic, and on-chain indicators suggest. One of these […]

Bitcoin open interest matches record high amid predictions of BTC price ‘fireworks’ this month

January 4, 2022

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Open interest combined with flat funding rates suggests that an “explosive” volatility period is inbound, analysts say. 4500 Total views 54 Total shares Bitcoin (BTC) is in line for “explosive” price action as derivatives markets return to form in 2022, a new forecast states. In a tweet on Jan. 4, Vetle Lunde, an analyst at […]

Ethereum whales dumping ETH as price slides below $4K, data shows

December 28, 2021

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Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term. Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses holding at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its […]

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