ETFs Halted Excessive Price Drain: Will Ethereum (ETH) Bounce Back to $3000 This Week?
📈
The cryptocurrency market is showing signs of recovery after recent losses, with the global market capitalisation rising above $2 trillion during early trading hours. Ethereum's price has climbed back to $2500, and Bitcoin has surpassed $57,000. Both leading cryptos are nearing major resistance levels, and if they overcome these, Ethereum could potentially bounce back to $3000 this week.
The increased interest in ETFs has helped to halt excessive price drain, particularly in Ethereum. This positive momentum could continue driving prices upwards, benefiting investors and the overall market.
Analysts remain cautiously optimistic, watching for how these resistance levels hold in the coming days. They believe that sustained buying pressure and renewed confidence in the market could lead to significant gains for Ethereum and other cryptocurrencies.
Джерело: coinpedia.org ↗
Схожі статті (26)
Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level
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?
Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000
Ethereum: Profit-taking stalls potential rally – Will ETH see $4K?
Ethereum Price Set For $2k or $4k? Here’s What To Expect In August
Ethereum price mirrors Bitcoin as staking inflows surge: Is $3,000 near?
Vitalik Buterin says ‘Ethereum is Good’ – Is a move beyond $2.9k likely now?
Key Reasons Behind Ethereum Price Delay for $4,000 Rally
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?
Ethereum (ETH) Eyes $2,800 Target as Traders Go All-In
ETH/BTC Ratio Surge May Push Ethereum Price Above $2,900
Is Ethereum Price $4K Rally at Risk Amid Pectra Upgrade Division Talks?
Analysts Discuss Ethereum’s Upcoming Trends
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
Ethereum to $4000? Here’s why traders should wait for THIS!
Ethereum (ETH) Targets $2,800 – Major Rally Imminent?
Ethereum to $4000 again? Look out for ETH’s funding rates!
Is Ethereum on the road to $2810? What market sentiment says
Ethereum Targets $2900 Amid Bullish Sentiments and Positive Funding Rates
Ethereum Faces Volatility Amid Rising Staking Inflows, Analysts Predict Potential Surge to $3,000
Ethereum Price Surges 2% as ETF Inflows Boost Market Confidence: Can ETH Hit $3,000?
Ethereum Activity Surge and Layer-2 Adoption Propel Ether (ETH) Towards $3,000
Ethereum Price Surges Past $2,500 Amid $49M ETH ETF Inflows, Eyes $3,000
