Tag: Ethereum

  • Ethereum (ETH) Analysis

    Ethereum appears to be in its overarching Wave 5, which is forming an ending diagonal pattern. This structure implies that each wave within Wave 5 is composed of three-part (A-B-C) corrective waves, rather than impulsive waves. Within this context, we are either in Wave 4 or have already started Wave…

  • Ethereum (ETH) Elliott Wave Analysis – Comprehensive Outlook!

    Ethereum (ETH) Elliott Wave Analysis – Comprehensive Outlook!

    Broader Structure and Ending Diagonal: Ethereum has been showing weaker price action compared to previous bull cycles. This is largely due to the development of an Ending Diagonal, a pattern that typically signals the final stages of a bullish cycle. The Ending Diagonal introduces overlapping wave structures, making it harder…

  • Elliot Wave Analysis of Ethereum

    Elliot Wave Analysis of Ethereum

    Ethereum’s current wave structure seems to suggest weakness, particularly as it fails to exhibit characteristics of a strong impulsive wave. The current structure, especially Wave 2, lacks the definitive strength typically seen in upward impulses. Instead, Ethereum seems to be developing into a more corrective structure, which could indicate the…

  • Ethereum Low Time Frame Analysis (Detailed)

    Ethereum Low Time Frame Analysis (Detailed)

    Current Market Situation: Ethereum is currently in the final stages of a significant ABC correction that began after the March high. We are now within Wave C of this correction, and specifically within Wave 5 of the C wave. On a higher time frame, the corrective structure is nearing completion,…

  • Ethereum Low Time Frame Analysis

    Ethereum Low Time Frame Analysis

    Current Market Situation: Bullish Scenario: Bearish Scenario: Conclusion: Let’s see how the price reacts at the support levels, but it’s important to be cautious of further downside from here.

  • Ark Invest’s Ethereum ETF: A Game-Changer for the Crypto Industry!

    Ark Invest’s Ethereum ETF: A Game-Changer for the Crypto Industry!

    The world of finance and cryptocurrency is abuzz with the latest announcement from Ark Invest, a global asset manager known for its forward-thinking investment strategies. The firm has officially filed for an Ethereum ETF, marking a significant milestone not just for Ark Invest but for the broader crypto industry.

  • Kraken Unstakes $1 billion Worth Of Ethereum.

    Kraken Unstakes $1 billion Worth Of Ethereum.

    Crypto exchange Kraken is pulling over $1 billion in Ethereum from its staking pots. The move follows its dispute with the U.S. Securities and Exchange Commission (SEC).

  • Ethereum Upgrade “Shanghai” Lets DeFi Tokens Take Off!

    Ethereum Upgrade “Shanghai” Lets DeFi Tokens Take Off!

    While Bitcoin (BTC) and Ethereum (ETH) prices are currently barely moving, the costs of liquid-staking tokens are picking up. Here are the reasons. Governance tokens from DeFi projects in the liquid staking space for Ethereum are currently seeing substantial price gains. LDO from Lido Finance has gained over 40% in…