A confluence of at least three different bearish indicators appears on Ethereum’s multi-timeframe charts, suggesting that its ongoing bull run risks exhaustion.
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Ethereum fractal from 2017 that resulted in 7,000% gains for ETH appears again in 2021
The eerie deja vu scenario can see Ethereum hit $13,000 within six months if history repeats.
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3 factors that can send Ethereum price to 100% gains in Q4
The three bullish indicators converge as Ethereum’s native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level.
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Ethereum bears look to score on Friday’s $340M weekly ETH options expiry
Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into the $340 million options expiry on Oct. 1.
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ETH 2.0 moves closer to fruition as devs set Altair upgrade for October
Ethereum’s transition to proof-of-stake continues, with the first mainnet upgrade of Beacon Chain scheduled for late October.
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Diminishing returns: Is Bitcoin underperforming compared to altcoins?
After several hesitant months, altcoins are now outpacing the flagship asset.
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