Ethereum (ETH) Price: On-Chain Data Points to $4K Target as ETF Inflows Stay Strong
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6 Articles
coin-turk.com
BITRSS🚨 Ethereum is focusing on the $3,000 threshold after testing the $2,800 level. 📈 Net inflows of $834 million into US spot Ether ETFs in six days have supported demand for $ETH. 📊 The MVRV ratio rising above zero and the contact between volume averages are reminiscent of previous bull cycles. 🧭 In the short term, the $2,500 support is being maintained, while the $3,000 level is being monitored as the main resistance. Read More: Ethereum conti…
● Ethereum (ETH) closed at around $2,670 on Friday, down 4% from its weekly high of $2,805. Rising US bond yields and profit-taking sales have surpassed ETF demand... The Post Ethereum (ETH), number of reception addresses increased over the weekend — will it break through $2800 again [price analysis] first discussion on NADA NEWS (NADA NEWS).
Ethereum (ETH) Eyes $4,000 Target as On-Chain Metrics Flash Bullish Signals
Key Takeaways ETH encountered resistance near $2,800 earlier this week and experienced a minor correction. On-chain metrics including volume trends and MVRV Ratio indicate potential for a climb toward $4,000. Spot Ethereum ETFs recorded six consecutive days of positive inflows, accumulating $834 million. Technical analysis suggests a possible retracement to $2,600 before the uptrend continues. Corporate buyer BitMine increased its Ethereum hold…
Ethereum (ETH) Price: On-Chain Data Points to $4K Target as ETF Inflows Stay Strong
TLDR Ethereum hit resistance at $2,800 this week and pulled back slightly. Trading volume and MVRV Ratio signals suggest a longer-term move toward $4,000. ETF inflows have been positive for six straight days, totaling $834 million. ETH could dip to $2,600 before resuming its upward trend, per...
US spot Ethereum ETFs saw inflows of $87 million on September 25th; BlackRock's ETHA led the way with $50.4 million, recording no outflows.
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