Ethereum (CRYPTO: ETH) remains in a sideways range, but rising ETF inflows, whale accumulation, ETF applications are fueling speculation of a major rally.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Ethereum (CRYPTO: ETH) | $2,741.19 | $330.5 billion | +0.6% | +3.3% |
Bitcoin (CRYPTO: BTC) | $97,204.60 | $1.92 trillion | +0.8% | +1.4% |
XRP (CRYPTO: XRP) | $2.68 | $155.09 billion | +2.4% | +9.8% |
Trader Notes: Crypto trader Mikybull Crypto noted significant Ethereum accumulation, predicting that once ETH starts moving, the rally will be “massive.”
Crypto chart analyst Ali Martinez pointed out that Ethereum is range-bound, possibly retesting $2,300 support before a move toward $4,000. In a worst-case scenario, he warns of a double-top pattern.
Full story available on Benzinga.com