Ethereum: Is dollar-cost averaging a way to go until Merge comes in

The Ethereum Merge is about five weeks away and as the count down to the main event narrows, the phrase, “buy the rumor, sell the news” is expected to play out. This means we should expect an increase in the demand for ETH within the next four weeks. A look at ETH’s on-chain metrics reveals … Read more

Ethereum [ETH]: $2K-level does not seem far off, thanks to…

Ethereum [ETH] finally sustained its bullish track as its recent rallies altered the long-term trend to exhibit a buying edge. With the 200 EMA assuming a rebound zone for the bearish pulls, the king alt now saw a volatile break above the point of Control (POC, red). In the four-hour timeframe, the two-week trendline resistance … Read more

Ethereum updates to know before taking profit this week

The crypto market has seen a shift in general sentiment since 9 August. This is being credited to the release of United States CPI news which will be panned out later on 10 August. There are expectations among analysts that inflation has already peaked in June with the cooling of gas prices and supply-chain issues. … Read more

Ethereum [ETH] notes unprecedented hike, thanks to its…

The trading session on 8 August was an interesting one for ETH HODLers as the price of the leading altcoin jumped above $1,800 for the first time in two months, data from Santiment revealed. In the last 30 days, the ETH network has seen over 546,000 active addresses trading the coin daily. Santiment showed this … Read more

What these metrics tell investors about Ethereum’s readiness for the Merge

With the Merge set for a launch in September, does Ethereum look ready for the next big step? For its part, ETH has registered an uptrend in price action over the month of July. However, the utility of Ethereum rests on many sectors of Web 3.0. While being the flagship altcoin, Ethereum heads other cryptocurrencies … Read more

Ethereum: Going long on ETH? You are duty-bound to read this

Since 2016, over 44 million contracts have been deployed on Ethereum [ETH]. Interestingly, the number has been on the rise.  Users might have imagined that all smart contracts would have contributed to exchange interactions and Decentralized Applications (DApps) management. However, it has been a little different from the public’s perspective. Source: Electric Capital The details … Read more

Ethereum: This metric underlines change in investors’ sentiment

People have been feeling the heat of falling prices throughout 2022. Even after the recent rebound, exchange balances have been rising while the top non-exchange balance continues to decrease. Stacking up It is no secret that crypto prices have dropped ridiculously over the first half of 2022. Like other cryptocurrencies, ETH is seeing a rise … Read more

Ethereum becomes more lucrative with focus on ‘patience is king’

Ethereum has headed the overall recovery of the market in recent times. ETH prices quickly shot upwards of $1,700 to register one-month highs following an important update regarding the Merge. With its value growing in such a short span, trader profitability ramped up on the network. According to data from IntoTheBlock, ETH profitability has reached … Read more

Ethereum [ETH] and the question of whether we can expect March all over again

If you zoom out ETH’s chart, you will notice that its performance in July has similarities with its performance in March. Could this performance offer some insights into how ETH will perform in August? ETH’s latest rally kicked off in mid-July and managed to push the crypto up by as much as 74%. More importantly, … Read more

Ethereum [ETH]: All you should know about the full impact of its Merge reveal

Ethereum appears to be on the right trajectory after a month of redemption. ETH started the month priced a little above $1,050, but is about to end it at around $1,700. On the back of a wider market upturn and the Merge’s announcement, Ethereum has surged on the charts. In fact, the Merge announcement, due … Read more