• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Technical Indicators Support Ethereum's Rise

user avatar

by Giorgi Kostiuk

a year ago

Ethereum, the second-largest cryptocurrency, displayed a significant recovery, breaking out of a symmetrical wedge at the $3,000 level.

Current Market Scenario

Breaking the $3,000 mark is viewed by ETHNews analysts as a sign of strong bullish momentum, potentially stabilizing Ethereum’s value above this threshold, reflecting deeper changes within the Ethereum ecosystem.

Technical Indicators and Forecasts

Technical analysts note Ethereum's strong Relative Strength Index (RSI) and bullish divergence, signaling a potential climb to levels such as $4,000. These signals are often linked to potential trend reversals.

Real Assets Market and Ethereum

Ethereum actively interacts with the financial ecosystem, including the real assets market. Ethereum dominates, hosting tokenized U.S. treasuries, recently reaching $2.33 billion at all-time highs.

Tokenized US Treasuries reach ATH! Over $2.33B tokenized across the blockchain ecosystem, with most remaining on Ethereum - about 70%Leon Waidmann

Ethereum's market shows positive shifts, and if the current trend continues, it might surpass new heights, challenging the $5,000 mark.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Aarn Protocol Advances Fixed-Rate Execution

chest

Aarn Protocol has introduced TARS and tvPTmax to enhance fixed-rate execution in DeFi, moving towards policy-driven treasury operations.

user avatarDavid Robinson

WONTON Expands to BNB Chain to Enhance Web3 Gaming Experience

chest

WONTON expands to BNB Chain to enhance Web3 gaming experience.

user avatarAndrew Smith

Regulatory Changes Impact DDC Enterprise's Bitcoin Reporting

chest

Regulatory changes require DDC Enterprise to report Bitcoin holdings at fair market value starting in 2025, impacting earnings volatility and allowing for unrealized gains.

user avatarZainab Kamara

Fermi Hard Fork Improves BNB Smart Chain Efficiency.

chest

The Fermi hard fork has successfully reduced block time on BNB Smart Chain, improving transaction speed.

user avatarTando Nkube

BNB Chain Fermi Hard Fork is now active.

chest

The Fermi hard fork has been successfully implemented on the BNB Chain, reducing block time significantly from 0.75 seconds to 0.45 seconds.

user avatarAyman Ben Youssef

BNB Chain Completes 34th Quarterly Token Burn

chest

BNB Chain has successfully completed its 34th quarterly token burn, removing over 1.3 million BNB tokens from circulation.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.