Friday, August 29, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

  • Gaming
    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Play Solana to ship handheld gaming device in October

    Play Solana to ship handheld gaming device in October

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    Avalanche Selects Funtico to Support Indie Game Developers

    Avalanche Selects Funtico to Support Indie Game Developers

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    $3.62B Already Sold in 2025

    $3.62B Already Sold in 2025

  • Gaming
    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    Play Solana to ship handheld gaming device in October

    Play Solana to ship handheld gaming device in October

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    The Rise of Indian Online Casinos: Affiliates, Crypto, and Seamless Gaming?

    Avalanche Selects Funtico to Support Indie Game Developers

    Avalanche Selects Funtico to Support Indie Game Developers

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    Google Boosts Gemini AI Image Capabilities in Latest Salvo Against ChatGPT

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

    How Toyota Plans to Transform Vehicle Data and Ownership with Blockchain

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

    What Is Cloud Mining in Crypto? Everything You Need to Know to Start

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

    What Is Crypto Arbitrage and How to Use It in Trading?

    What Is Crypto Arbitrage and How to Use It in Trading?

    What’s the Difference & Which Is Better to Trade?

    What’s the Difference & Which Is Better to Trade?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Ethereum

Ethereum repeats 2021 pattern – What this means for ETH

September 18, 2024
in Ethereum
25
Ethereum repeats 2021 pattern – What this means for ETH
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
Avatar

contributor

Posted: September 19, 2024

  • The triple bottom pattern suggested a potential breakout as ETH eyed the $3,500 resistance.
  • Exchange outflows and RSI levels pointed to a possible bullish move, but network growth remained flat.

Ethereum [ETH] is poised for a significant breakout as traders spotted a triple bottom pattern forming in 2024, reminiscent of its 2021 rally.

With ETH trading at $2,314, up 0.31% in the last 24 hours at press time, this setup has sparked optimism that Q4 could deliver substantial gains. 

Can the triple bottom drive a bullish reversal?

The triple bottom is a well-known pattern, often indicating a bullish reversal. In 2021, Ethereum followed a similar structure before launching into a massive rally.

If Ethereum maintains this trajectory, a breakout above $3,500 can further fuel investor confidence.

To confirm bullish momentum, Ethereum must break through critical resistance levels. The $2,800 mark is the first major hurdle, and surpassing it could set the stage for a test of $3,500.

ETH Triple Bottom

Source: X

What about ETH’s strength?

Technical indicators showed a promising outlook for Ethereum. The Relative Strength Index (RSI) was 45.63 at press time, signaling that ETH is neither overbought nor oversold. 

The Bollinger Bands (BB) indicated that ETH was trading in a tight range, with potential volatility on the horizon.

A breakout above the upper band could trigger a strong rally, making these indicators crucial to watch in the coming days.

ETH TA metrics

Source: TradingView

Are exchange flows pointing to a rally?

Exchange flow data showed mixed signals but lent toward a potential bullish move at press time.

Exchange inflows have increased by 0.82% in 24 hours, reaching 349.05K ETH at press time, signaling some selling pressure as traders move coins onto exchanges. 

See also  Ethereum Whale buys $132 million of ETH, Eyes on $2,900 level

However, exchange outflows have risen by 0.77% in 24 hours to 328.83K ETH at press time, showing that many investors were still holding their coins off exchanges.

If outflows continued to rise, it could indicate reduced sell pressure and growing confidence in ETH’s upward potential.

Source: CryptoQuant

Network growth: Is Ethereum expanding?

Ethereum’s network growth remained relatively slow, with 27,181 new addresses added recently and a 0.24% growth rate over the last 24 hours until press time.

The neutral signal suggested that while Ethereum’s network is stable, it is not seeing a surge in new user activity. 

Source: Santiment


Read Ethereum’s [ETH] Price Prediction 2024–2025


Will Q4 deliver the breakout?

Ethereum stands at a pivotal moment. While technical patterns like the triple bottom, RSI, and Bollinger Bands indicate a potential breakout, the network growth and mixed exchange flows suggest some caution. 

With volatility expected, Q4 will likely determine whether Ethereum can break through key resistance levels and recapture the bullish momentum that drove its 2021 rally.

Next: Can Shiba Inu whale moves help SHIB rise 7000%?

READ ALSO

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

Avatar

contributor

Posted: September 19, 2024

  • The triple bottom pattern suggested a potential breakout as ETH eyed the $3,500 resistance.
  • Exchange outflows and RSI levels pointed to a possible bullish move, but network growth remained flat.

Ethereum [ETH] is poised for a significant breakout as traders spotted a triple bottom pattern forming in 2024, reminiscent of its 2021 rally.

See also  Ethereum price prediction: Why a move to $4K may take time

With ETH trading at $2,314, up 0.31% in the last 24 hours at press time, this setup has sparked optimism that Q4 could deliver substantial gains. 

Can the triple bottom drive a bullish reversal?

The triple bottom is a well-known pattern, often indicating a bullish reversal. In 2021, Ethereum followed a similar structure before launching into a massive rally.

If Ethereum maintains this trajectory, a breakout above $3,500 can further fuel investor confidence.

To confirm bullish momentum, Ethereum must break through critical resistance levels. The $2,800 mark is the first major hurdle, and surpassing it could set the stage for a test of $3,500.

ETH Triple Bottom

Source: X

What about ETH’s strength?

Technical indicators showed a promising outlook for Ethereum. The Relative Strength Index (RSI) was 45.63 at press time, signaling that ETH is neither overbought nor oversold. 

The Bollinger Bands (BB) indicated that ETH was trading in a tight range, with potential volatility on the horizon.

A breakout above the upper band could trigger a strong rally, making these indicators crucial to watch in the coming days.

ETH TA metrics

Source: TradingView

Are exchange flows pointing to a rally?

Exchange flow data showed mixed signals but lent toward a potential bullish move at press time.

Exchange inflows have increased by 0.82% in 24 hours, reaching 349.05K ETH at press time, signaling some selling pressure as traders move coins onto exchanges. 

However, exchange outflows have risen by 0.77% in 24 hours to 328.83K ETH at press time, showing that many investors were still holding their coins off exchanges.

If outflows continued to rise, it could indicate reduced sell pressure and growing confidence in ETH’s upward potential.

Source: CryptoQuant

Network growth: Is Ethereum expanding?

Ethereum’s network growth remained relatively slow, with 27,181 new addresses added recently and a 0.24% growth rate over the last 24 hours until press time.

See also  Market Alert: Ethereum Faces Potential Downfall as Dencun Upgrade Looms

The neutral signal suggested that while Ethereum’s network is stable, it is not seeing a surge in new user activity. 

Source: Santiment


Read Ethereum’s [ETH] Price Prediction 2024–2025


Will Q4 deliver the breakout?

Ethereum stands at a pivotal moment. While technical patterns like the triple bottom, RSI, and Bollinger Bands indicate a potential breakout, the network growth and mixed exchange flows suggest some caution. 

With volatility expected, Q4 will likely determine whether Ethereum can break through key resistance levels and recapture the bullish momentum that drove its 2021 rally.

Next: Can Shiba Inu whale moves help SHIB rise 7000%?
Tags: ETHEthereumMeansPatternRepeats

Related Posts

Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

May 17, 2025
Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K
Ethereum

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

May 17, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details

May 16, 2025
Ethereum rallies, Bitcoin stalls: Is capital rotation reshaping the crypto landscape?
Ethereum

Ethereum rallies, Bitcoin stalls: Is capital rotation reshaping the crypto landscape?

May 16, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH

May 16, 2025
Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH?
Ethereum

Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH?

May 16, 2025
Next Post
Fractal Suggests Major Breakout In Q4

Fractal Suggests Major Breakout In Q4

Comments 25

  1. ju928 says:
    3 months ago

    clomid cost australia clomid 50mg tablets where buy clomid no prescription where buy generic clomid no prescription how can i get cheap clomid without dr prescription clomiphene pills for sale clomiphene uk buy

    Reply
  2. cialis sale south africa says:
    3 months ago

    This is a theme which is forthcoming to my fundamentals… Numberless thanks! Unerringly where can I lay one’s hands on the contact details due to the fact that questions?

    Reply
  3. dosage for flagyl for dogs says:
    3 months ago

    I’ll certainly carry back to skim more.

    Reply
  4. c1ct2 says:
    3 months ago

    zithromax 250mg brand – buy tetracycline 250mg for sale flagyl 200mg canada

    Reply
  5. htut3 says:
    3 months ago

    purchase semaglutide – where can i buy periactin periactin 4mg drug

    Reply
  6. p12e3 says:
    2 months ago

    buy inderal generic – purchase inderal online cheap order methotrexate 5mg online cheap

    Reply
  7. 8rev2 says:
    2 months ago

    order generic esomeprazole – anexa mate order nexium capsules

    Reply
  8. p3i5h says:
    2 months ago

    buy coumadin generic – https://coumamide.com/ cozaar 25mg generic

    Reply
  9. axvri says:
    2 months ago

    meloxicam generic – relieve pain buy generic meloxicam over the counter

    Reply
  10. r206v says:
    2 months ago

    order prednisone 10mg generic – asthma generic deltasone 10mg

    Reply
  11. itjmm says:
    2 months ago

    how to get ed pills without a prescription – buy generic ed pills online best ed pill for diabetics

    Reply
  12. 800dx says:
    2 months ago

    amoxicillin price – combamoxi purchase amoxil pills

    Reply
  13. ohiga says:
    2 months ago

    buy generic diflucan online – https://gpdifluca.com/ diflucan 100mg brand

    Reply
  14. 990cw says:
    2 months ago

    purchase cenforce generic – https://cenforcers.com/# where can i buy cenforce

    Reply
  15. daqmn says:
    2 months ago

    mambo 36 tadalafil 20 mg – generic cialis super active tadalafil 20mg cialis is for daily use

    Reply
  16. Connielet says:
    2 months ago

    buy zantac 300mg – online ranitidine 300mg over the counter

    Reply
  17. kgcrk says:
    2 months ago

    cialis tadalafil cheapest online – https://strongtadafl.com/# cialis 5mg price comparison

    Reply
  18. yzffz says:
    1 month ago

    Proof blog you procure here.. It’s obdurate to espy great quality article like yours these days. I justifiably comprehend individuals like you! Take mindfulness!! generic accutane

    Reply
  19. Connielet says:
    1 month ago

    The depth in this piece is exceptional. https://ursxdol.com/get-cialis-professional/

    Reply
  20. rwatg says:
    1 month ago

    I am in truth thrilled to glitter at this blog posts which consists of tons of of use facts, thanks object of providing such data. https://prohnrg.com/

    Reply
  21. yha3t says:
    1 month ago

    Thanks for putting this up. It’s understandably done. https://aranitidine.com/fr/viagra-100mg-prix/

    Reply
  22. Connielet says:
    3 weeks ago

    More peace pieces like this would create the интернет better. https://ondactone.com/simvastatin/

    Reply
  23. Connielet says:
    3 weeks ago

    Facts blog you have here.. It’s obdurate to espy strong worth writing like yours these days. I truly recognize individuals like you! Withstand mindfulness!!
    buy generic plavix for sale

    Reply
  24. Connielet says:
    7 days ago

    forxiga uk – https://janozin.com/ forxiga without prescription

    Reply
  25. Connielet says:
    4 days ago

    orlistat generic – https://asacostat.com/ xenical canada

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Cardano ($ADA) Holds Third Spot in Crypto Development Activity, Behind Polkadot ($DOT) and Kusama ($KSM)

Cardano Once Again Has Highest Development Activity Based on GitHub Data

October 16, 2023
iHit Redefines Industry Standards: 2025 North American Vape Hybrid Revolution—Hybrid-Coil Heating Technology 1+1>2, Unlocking Next-Gen Vaping Experience

iHit Redefines Industry Standards: 2025 North American Vape Hybrid Revolution—Hybrid-Coil Heating Technology 1+1>2, Unlocking Next-Gen Vaping Experience

February 16, 2025
Marathon Digital improves hash rate by 15%, mined 890 BTC in December

Marathon Digital improves hash rate by 15%, mined 890 BTC in December

January 4, 2025
Top Altcoins To Watch Next Week: Binance Coin (BNB), Solana (SOL) And Arbitrum (ARB) Prices Hit Resistance

Top Altcoins To Watch Next Week: Binance Coin (BNB), Solana (SOL) And Arbitrum (ARB) Prices Hit Resistance

November 5, 2023

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Trump-backed Bitcoin mining firm to go public on Nasdaq next month
  • KuCoin Pay Joins Forces with 2Game Digital to Drive Web3 in Gaming
  • GaFin Joins Cyber Crash to Advance Web3 Gaming

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.