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Showing posts with the label ethereum price

When will it be too late to invest in Bitcoin?

This week’s episode of Market Talks discusses whether it will ever be “too late” to buy Bitcoin and why BTC could take over the financial world. On the latest episode of Cointelegraph’s Market Talks , host Ray Salmond spoke with Luke Broyles, a popular Bitcoin (BTC) advocate and content creator on YouTube and X (formerly Twitter). During the show, Broyles laid out his Bitcoin invest ment thesis and his unique perspectives on how the asset’s price could eventually rise into seven-figure territory. Broyles said that in 2020, he realized the bond market was broken. While searching for alternative invest ments, he discovered Bitcoin as a sound option. When asked about his Bitcoin invest ment strategy and how he stomachs the volatility, Broyles said:  “I do not own bonds. I have sold off 97% of my stocks over the past three years, and I’m selling off the last 3% this week actually, so it’s funny that you ask that. By the end of this week, the only three assets that I will own will be U.S. ...

Popular Analyst Predicts Looming Ethereum Price and Altcoins Crash

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Ethereum price has mostly been under pressure after the Shanghai (Shapella) upgrade as all platforms slowly opened staked ETH withdrawals. The largest liquid staking platform Lido is expected to open withdrawals at the end of May. advertisement Ethereum Price and Other Altcoins Under Selling Pressure Popular analyst Michael van de Poppe shared his new analysis on altcoins on April 29 as the month comes to an end, with Bitcoin and Ethereum prices need to break key levels in order to maintain upside momentum. He believes the bear market looming for Ethereum and altcoins as altcoins loses momentum against BTC and continues to fall. The collapse of First Republic Bank amid the brink of depression and recession will be huge trigger adoption of DeFi. Other news impacting the crypto prices includes the U.S. Fed rate hike decision, if Fed hike rates it will put addition pressure on the government and banks as they have to give more interest on the money th...

Ethereum Price To Hit $2,000? Analyst Predicts Best Level To Buy

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Almost all FOMC participants agreed with a rate hike of 25 bps and a few officials favored raising it by 50 bps, minutes from the last meeting showed. However, Fed officials to rely on more data on inflation and jobs for considering a pivot. advertisement Popular crypto analyst Michael van de Poppe believes that $1,600 is a great level for going long on Ethereum. As Ethereum price fell due to fears of hawkish U.S. Fed planning to raise interest rates by 50 bps in March. Ethereum Price. Source: Michael van de Poppe He predicts Ethereum price will continue moving upward from here. The Analysis indicates that ETH price could break above the $1700 resistance level, with a possible move to $2000. Glassnode reports that the amount of supply in 3-6 months (1d MA) just reached a 16-month high of 14,190,275.522 ETH, indicating an increase in interest among short-term buyers. Trending Stories ETH Price Prediction: New Recovery...

3 reasons why Ethereum price can reach $3K in Q2

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Ethereum on-chain and technical indicators show a long-term bullish argument for ETH price in the near to medium terms. Ethereum's native token, Ether (ETH), eyes a run-up toward $3,000 in Q2 2023 after wrapping the previous quarter with 55% gains. ETH price nears potential breakout The price of Ether has more that doubled after bottoming out in June 2022 at around $880, weathering a slew of negative events, including the FTX exchange collapse, interest rate increases, and stricter U.S. regulations. In doing so, ETH/USD has painted an ascending triangle, confirmed by its rising trendline support and horizontal level resistance. The pattern suggests aggressive buying as lows get steadily higher while highs stay around the same level, indicative of a higher selling pressure at the given level.  As of April 2, ETH's price is testing its horizontal level resistance range ($1,700-1,820) for a potential breakout move. ETH/USD three-day price chart featuring 'ascending triangle...