Ethereum gains 15% in a week — Is a recovery to $3K back in sight?
Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic?
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Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic?
Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024.
Some analysts see this correction as a local price bottom for Ether, based on historical chart patterns.
Fickel is one of the world’s wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.
Ether whale interest is slowly re-emerging after the summer illiquidity, as technical chart patterns point to an imminent price reversal.
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000, before a rally to new highs.
An investment of $1,000 into Ether five years ago would be worth over $14,900 today.
Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October.
Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.
