Ethereum Price Prediction! This is When ETH Price May Range Back Above $3000

The crypto space just witnessed a sigh of relief as Bitcoin attempted to range beyond $39,000, but very quickly, the gains were slashed which dragged the price below again. This impacted the entire market and Ethereum is also facing tough times with the bears. They are trying to restrict the ETH price below $3900 but …

Timeline of Ethereum

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The second-largest cryptocurrency, Ethereum, had found a little grip around the $3000 level a couple of days before. However, that didn't last long as the lead altcoin slipped from $3,030 and spiked below $2,800. Currently, the Ethereum price is trying to gain an upside correction. At the press time, ETH price is valued at $2,881 …

Ethereum's on-chain data hit a further downside for the price of Ether (ETH), its native cryptocurrency token. ETH's price is unlikely to rally above $3,500 soon. Ethereum's value decreased by 3% in the last 24 hours alone. According to data from CoinMetrics, there are currently 564.644K daily active addresses on average, which is a 4% The post Ethereum alternatives you won't want to miss appeared first on Invezz.

Last week, outflows from crypto investment products slowed down a little bit amid a marginal recovery in sentiment among institutional crypto investors. However, Ethereum, the world's second-most dominant digital asset, witnessed significant outflows worth $16.9 million.

Yet again the cryptocurrencies have continued its steep correction with the global cryptocurrency market waving a red flag as the world's first crypto, Bitcoin is trading below $40,000 level. With this Ethereum has also lost more than 2% in just 24hrs bringing the ETH price below $3,000 range. At the press time, Ethereum price is …

Ethereum price has shattered one-half of a significant support confluence, suggesting that the bears are taking control. However, the said foothold still holds true and hence, the chances of reversal are not extinguished completely.

Scroll, an EVM-compatible zk-Rollup project to scale Ethereum and “create a platform that is friendly for users onboarding crypto,” recently secured $30 million from researchers and developers, members of the Ethereum community, and investment firms “including Polychain Capital, Bain Crypto, Geometry DAO, and Mapleleaf Capital.”... Read More

Closely followed crypto analyst Justin Bennett says that Ethereum (ETH) faces further downside risk before it has any chance of breaking new all-time highs. In a video update, Bennett tells his 100,000 Twitter followers that the crypto market have a little further to go until it finds a true bottom. He also says that he The post Top Analyst Warns of More Downside Risk for Ethereum (ETH) – Here's His Target appeared first on The Daily Hodl.

Despite struggling prices, Ether (ETH), the native token of the Ethereum blockchain, has continued to move massively on-chain. In the last few hours, 20,000 ETH (worth around $57.3 million) was transferred in a single transaction.

The crypto market continues its sharp correction, in correspondence with the global markets. Ethereum lost about 10% of its value last week and has started the first day of the week in the red.