Blockchair's logo
Ethereum Targets $2900 Amid Bullish Sentiments and Positive Funding Rates Coinotag 20 Aug 2024

Ethereum Targets $2900 Amid Bullish Sentiments and Positive Funding Rates 📈

USD Ethereum ETH

The price of Ethereum (ETH) has recently broken the 52-week moving average, suggesting a parallel upward trajectory in the market. This is a significant indicator for potential gains.

The relative strength index (RSI) for ETH/USD indicates that the asset is currently in oversold conditions, which could further drive positive sentiment as traders anticipate bullish trends.

Additionally, positive funding rates are contributing to the optimistic outlook for Ethereum, targeting the $2900 mark.

Source: en.coinotag.com ↗

Similar articles (56)

Ether set for $3.2K breakout as ETH ETF inflows turn positive Cointelegraph 1 week ago
Ether set for $3.2K breakout as ETH ETF inflows turn positive
Ethereum set for a ‘monster rally’ as price nears $2.9K Cointelegraph 1 week ago
Ethereum set for a ‘monster rally’ as price nears $2.9K
Ethereum hits $3.2K, surpassing Bank of America market cap Cointelegraph 6 days ago
Ethereum hits $3.2K, surpassing Bank of America market cap
Ethereum set for a ‘monster rally’ as price nears $2.9K Cointelegraph 1 week ago
Ethereum set for a ‘monster rally’ as price nears $2.9K
Ethereum set for a ‘monster rally’ as price nears $2.9K Cointelegraph 1 week ago
Ethereum set for a ‘monster rally’ as price nears $2.9K
Ether set for $3.2K breakout as ETH ETF inflows turn positive Cointelegraph 1 week ago
Ether set for $3.2K breakout as ETH ETF inflows turn positive
Ethereum set for a ‘monster rally’ as price nears $2.9K Cointelegraph 1 week ago
Ethereum set for a ‘monster rally’ as price nears $2.9K
Ether set for $3.2K breakout as ETH ETF inflows turn positive Cointelegraph 1 week ago
Ether set for $3.2K breakout as ETH ETF inflows turn positive
Ethereum set for a ‘monster rally’ as price nears $2.9K Cointelegraph 1 week ago
Ethereum set for a ‘monster rally’ as price nears $2.9K
Ethereum Bulls Eye $4K Milestone as Momentum Builds TheNewsCrypto 4 days ago
Ethereum Bulls Eye $4K Milestone as Momentum Builds
Ethereum (ETH) Rally Intensifies as Bulls Set Sights on $3K TheNewsCrypto 2 weeks ago
Ethereum (ETH) Rally Intensifies as Bulls Set Sights on $3K
Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level Newsbtc 13 Sep 2024
Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level
Ethereum Price Prediction: ETH Surpasses $3.3K As ETH-Based Meme Coin Yeti Ouro Gains Momentum In Market, While Bonk See’s Surge In Price Crypto Daily 2 days ago
Ethereum Price Prediction: ETH Surpasses $3.3K As ETH-Based Meme Coin Yeti Ouro Gains Momentum In Market, While Bonk See’s Surge In Price
Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand Newsbtc 23 Aug 2024
Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand
Ethereum Metrics Turn Positive: Can This Drive A New ATH Above $5,000? Newsbtc 22 Aug 2024
Ethereum Metrics Turn Positive: Can This Drive A New ATH Above $5,000?
Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000 Newsbtc 14 Sep 2024
Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000
Ethereum Wedge Pattern: Can Breakout Push Price to $5,450? The Coin Republic 2 days ago
Ethereum Wedge Pattern: Can Breakout Push Price to $5,450?
Ethereum (ETF) Scores Third Largest Inflow, Will ETH Price Break $4,000? The Coin Republic 6 days ago
Ethereum (ETF) Scores Third Largest Inflow, Will ETH Price Break $4,000?
Ethereum netflows surge – Can ETH rally past $2800 now? Ambcrypto 3 weeks ago
Ethereum netflows surge – Can ETH rally past $2800 now?
Ethereum faces key week as election nears – Will $3K be in sight? Ambcrypto 2 weeks ago
Ethereum faces key week as election nears – Will $3K be in sight?
Ethereum hits $2700 – Will Peter Brandt’s bullish projection play out now? Ambcrypto 3 weeks ago
Ethereum hits $2700 – Will Peter Brandt’s bullish projection play out now?
Ethereum Price Surges Past $3100; Could $4000 Be the Next Target? Coingape 5 days ago
Ethereum Price Surges Past $3100; Could $4000 Be the Next Target?
Ethereum’s Purge update: Here’s what it means for ETH Ambcrypto 1 week ago
Ethereum’s Purge update: Here’s what it means for ETH
Ethereum Gears Up After Bitcoin Hits $76,460—Can the Bulls Push the ETH Price Above $4000? Coinpedia 1 week ago
Ethereum Gears Up After Bitcoin Hits $76,460—Can the Bulls Push the ETH Price Above $4000?
Bitcoin Above $72,000-Here’s When Ethereum Price May Make it to $4000 Coinpedia 2 weeks ago
Bitcoin Above $72,000-Here’s When Ethereum Price May Make it to $4000
Ethereum’s (ETH) Year-to-Date High of $4,095 No Longer Out of Reach Beincrypto 5 days ago
Ethereum’s (ETH) Year-to-Date High of $4,095 No Longer Out of Reach
Ethereum ETFs Hit Record-Breaking Weekly Volumes—Is $4K Within Reach for ETH? Coinpedia 10 hours ago
Ethereum ETFs Hit Record-Breaking Weekly Volumes—Is $4K Within Reach for ETH?
Vitalik Buterin says ‘Ethereum is Good’ – Is a move beyond $2.9k likely now? Ambcrypto 22 Aug 2024
Vitalik Buterin says ‘Ethereum is Good’ – Is a move beyond $2.9k likely now?
Is Ethereum Price $4K Rally at Risk Amid Pectra Upgrade Division Talks? Coingape 15 Sep 2024
Is Ethereum Price $4K Rally at Risk Amid Pectra Upgrade Division Talks?
Analysts Discuss Ethereum’s Upcoming Trends Bitcoinhaber 26 Aug 2024
Analysts Discuss Ethereum’s Upcoming Trends
Ethereum Ready for a Huge Surge? Analyst Predicts a $3,000 Rally as Fed Cuts Rates! Coinpedia 24 Aug 2024
Ethereum Ready for a Huge Surge? Analyst Predicts a $3,000 Rally as Fed Cuts Rates!
Ethereum Funding Rate Surge Signals ETH Price Rally to $3,000 Coingape 25 Sep 2024
Ethereum Funding Rate Surge Signals ETH Price Rally to $3,000
Ethereum to $4000? Here’s why traders should wait for THIS! Ambcrypto 06 Sep 2024
Ethereum to $4000? Here’s why traders should wait for THIS!
Ethereum (ETH) Targets $2,800 – Major Rally Imminent? Coinpedia 19 Sep 2024
Ethereum (ETH) Targets $2,800 – Major Rally Imminent?
Ethereum to $4000 again? Look out for ETH’s funding rates! Ambcrypto 13 Sep 2024
Ethereum to $4000 again? Look out for ETH’s funding rates!
Is Ethereum on the road to $2810? What market sentiment says Ambcrypto 20 Sep 2024
Is Ethereum on the road to $2810? What market sentiment says
Key Reasons Behind Ethereum Price Delay for $4,000 Rally Coingape 21 Sep 2024
Key Reasons Behind Ethereum Price Delay for $4,000 Rally
Top ETH-based Tokens To Stack Before Ethereum Hits $3K! Coinpedia 29 Sep 2024
Top ETH-based Tokens To Stack Before Ethereum Hits $3K!
Ethereum Price Surge above $2.5K: Will the Crypto Bull Run Push ETH Over $3K? Coinpedia 23 Sep 2024
Ethereum Price Surge above $2.5K: Will the Crypto Bull Run Push ETH Over $3K?
Ethereum (ETH) Eyes $2,800 Target as Traders Go All-In Beincrypto 17 Sep 2024
Ethereum (ETH) Eyes $2,800 Target as Traders Go All-In
5 Things to Know as Ethereum Price Hit $2,500 Coingape 14 Oct 2024
5 Things to Know as Ethereum Price Hit $2,500
ETH/BTC Ratio Surge May Push Ethereum Price Above $2,900 Beincrypto 25 Sep 2024
ETH/BTC Ratio Surge May Push Ethereum Price Above $2,900
Ethereum: Profit-taking stalls potential rally – Will ETH see $4K? Ambcrypto 01 Oct 2024
Ethereum: Profit-taking stalls potential rally – Will ETH see $4K?
Is Ethereum Gearing Up for a ‘Most Hated’ Rally to $6,000? Blockonomi 16 Oct 2024
Is Ethereum Gearing Up for a ‘Most Hated’ Rally to $6,000?
Here’s Why Ethereum Price Could Surge To $4,000 This Month Coingape 3 days ago
Here’s Why Ethereum Price Could Surge To $4,000 This Month
Ethereum price prediction – Bulls look to $4k after 43% gains in 7 days Ambcrypto 3 days ago
Ethereum price prediction – Bulls look to $4k after 43% gains in 7 days
Ethereum Hit’s $3000-ETH Price at the End of a Pre-Bull Run Phase; a 100% Rally is Imminent Coinpedia 1 week ago
Ethereum Hit’s $3000-ETH Price at the End of a Pre-Bull Run Phase; a 100% Rally is Imminent
Spot Ethereum ETF Demand On the Rise Again, Will ETH Hit $4,000 Soon? Coingape 1 week ago
Spot Ethereum ETF Demand On the Rise Again, Will ETH Hit $4,000 Soon?
Ethereum ETFs Skyrocket with $85.9M Inflow After Trump Win – ETH Eye For $4k Coinpedia 1 week ago
Ethereum ETFs Skyrocket with $85.9M Inflow After Trump Win – ETH Eye For $4k
Ethereum Price Breaks 90-Day Accumulation Amid Whales Sell-off; Is $4,000 Close? Coingape 1 week ago
Ethereum Price Breaks 90-Day Accumulation Amid Whales Sell-off; Is $4,000 Close?
Ethereum (ETH) Price Action Shows Strong Momentum as Bulls Target $4,000 Level Blockonomi 3 days ago
Ethereum (ETH) Price Action Shows Strong Momentum as Bulls Target $4,000 Level
Ethereum Investors Anticipate Price Movements Towards Significant Milestones Cointurk 1 week ago
Ethereum Investors Anticipate Price Movements Towards Significant Milestones
Ethereum’s Recent Surge Sparks Speculation for Potential Rise Towards $4,095 Amid Improved Investor Confidence Coinotag 5 days ago
Ethereum’s Recent Surge Sparks Speculation for Potential Rise Towards $4,095 Amid Improved Investor Confidence
Ethereum Surpasses $3,000: Can the New Support Level Hold Amidst Increasing ETF Inflows? Coinotag 1 week ago
Ethereum Surpasses $3,000: Can the New Support Level Hold Amidst Increasing ETF Inflows?
Ethereum Price Surges 2% as ETF Inflows Boost Market Confidence: Can ETH Hit $3,000? Coinotag 29 Aug 2024
Ethereum Price Surges 2% as ETF Inflows Boost Market Confidence: Can ETH Hit $3,000?
Ethereum Surpasses $3,000 Mark Amid Positive Trends and ETF Inflows, Raising Hopes for Future All-Time Highs Coinotag 1 week ago
Ethereum Surpasses $3,000 Mark Amid Positive Trends and ETF Inflows, Raising Hopes for Future All-Time Highs

Trending topics

Digest

Daily Weekly
Can Cardano (ADA) Reach the $1 Milestone Soon? TheNewsCrypto 7 hours ago
Can Cardano (ADA) Reach the $1 Milestone Soon?
Ripple (XRP) Price Prediction: Trader Raises XRP Target to $10 After Trump's Win, Forecasts Massive Rally for Viral $0.07 Token Crypto Daily 3 hours ago
Ripple (XRP) Price Prediction: Trader Raises XRP Target to $10 After Trump's Win, Forecasts Massive Rally for Viral $0.07 Token
Dogecoin Explodes 112% – Is $1 The New Target After This Historic Rally? Newsbtc 23 hours ago
Dogecoin Explodes 112% – Is $1 The New Target After This Historic Rally?
PEPE Breaks Out Into Price Discovery, Open Interest Soars The Coin Republic 11 hours ago
PEPE Breaks Out Into Price Discovery, Open Interest Soars
Green and Profitable? These Budget-Friendly Cryptos Poised Explode 50x by End of Year Crypto Daily 22 hours ago
Green and Profitable? These Budget-Friendly Cryptos Poised Explode 50x by End of Year Explore daily digest
XRP Jumps 17% Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play Coindesk 1 day ago
XRP Jumps 17% Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play
ENS Labs Unveils ‘Namechain’ Ethereum Layer 2 Solution to Scale Blockchain Identity Cryptonews 5 days ago
ENS Labs Unveils ‘Namechain’ Ethereum Layer 2 Solution to Scale Blockchain Identity
PayPal USD begins using LayerZero to enable transfers between Ethereum and Solana The Block 4 days ago
PayPal USD begins using LayerZero to enable transfers between Ethereum and Solana
Bitcoin’s 10% Surge, Cardano’s Struggles, and BlockDAG’s Scalability Solution TheNewsCrypto 4 days ago
Bitcoin’s 10% Surge, Cardano’s Struggles, and BlockDAG’s Scalability Solution
Top Altcoins—Cardano, XRP, and BlockDAG: Whale Transactions and Elections Drive Crypto Market Optimism Crypto Daily 6 hours ago
Top Altcoins—Cardano, XRP, and BlockDAG: Whale Transactions and Elections Drive Crypto Market Optimism Explore weekly digest