Bitcoin remains the most influential cryptocurrency, but over 7,000 cryptocurrencies and other digital assets exist.
Ethereum is leading what is known as Altcoins, and it is the second-largest cryptocurrency by market capitalization. Bitcoin and Ethereum both suffer from excessive network fees and scaling problems, and the third generation of cryptocurrencies is where the most significant potential emerges. They incorporate fixes to existing issues and continue to gain market share in one of the most competitive sectors. Adoption gathers pace, but global regulators pose a threat and challenge to all assets in this class. Binance Coin, owned by cryptocurrency exchange Binance, stablecoin Tether, Cardano, Polkadot, XRP, Uniswap, and Litecoin are some of the more prominent cryptocurrencies to monitor. There are dozens of other exciting projects, from privacy coin Monero to rising star Dogecoin, Tron, Cosmos, Neo, BAT, and QTUM. Rather than trying to be everything to everyone, like Bitcoin and Ethereum, third-generation cryptocurrencies address specific challenges and offer a real-world application today. The growth of decentralized apps or dApps and non-fungible tokens (NFPs) add another layer of in-demand solutions to existing issues, making crypto excluding Bitcoin an attractive but volatile sector with tremendous potential for investors and traders alike
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Ethereum rebounds from key support with bullish momentum, while upcoming Non-Farm Payrolls could influence risk appetite and short-term price action.
During my daily analysis of crypto, Ethereum has captured my attention as it has lost over 6%, mainly due to the idea of yields raising higher in the United States.
Ethereum trades flat near the 50-day EMA, eyeing $3,600 resistance while awaiting Bitcoin’s next move to drive market direction.
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Ethereum trades sideways below the 50-day EMA, awaiting Bitcoin's influence and increased liquidity to drive momentum.
Ethereum stalls below $3,600 resistance, with support at $3,000, as holiday trading and Bitcoin's influence shape its short-term direction.
Ethereum trends upward toward $3,600 resistance, supported by Bitcoin's rally and ecosystem demand, with pullbacks finding support near $3,050.
Ethereum trades sideways near $3,350, supported by the 200-day EMA and $3,000 level, with low holiday liquidity favoring a patient, dip-buying approach.
Ethereum holds near $4,000 resistance, with potential pullbacks to $3,600 seen as value plays, driven by Bitcoin’s influence and ecosystem demand.
Ethereum approaches $4,000, supported by bullish sentiment, Bitcoin's influence, and strong buy-on-dip support near $3,500–$3,600.
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Ethereum nears $3,600 support, eyeing the 50-day EMA, as Bitcoin's struggle at $100K hinders broader crypto momentum.
Ethereum surpasses $4,000, with support at $3,600-$3,800 and potential to reach $4,300 as crypto markets rally.
Ethereum hovers at $3,600, poised for a breakout alongside Bitcoin, with potential gains toward $4,000 or a pullback to critical support at $3,300 and $3,000.
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Sign up to get the latest market updates and free signals directly to your inbox.Ethereum nears $3600 resistance, driven by Bitcoin’s strength and broader crypto trends, with $3300 providing strong support for potential breakouts.
During my daily analysis of Ethereum, I’ve noticed that the $3400 level continues to be a major anchor for price.
Ethereum rallied a bit during the trading session on Monday as we continue to see a lot of interest in crypto markets overall.