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    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

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    XRP Whales Accumulate Massive Tokens

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    Solana Rally Could Gather Pace above $30

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  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

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Here’s What Might Hold Back Ethereum (ETH) From Hitting $5000 In Near Term

2021-11-10
in Altcoins
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Uptrend Eyes $3676.28 Target, Here’s Next Important Price Levels
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The world’s second-largest cryptocurrency Ethereum (ETH) has been intently following Bitcoin’s footsteps because it touched an all-time excessive of $4,800 earlier this week on Monday, November 8. Nevertheless, ETH at present appears to be like below a little bit of promoting stress missing sufficient help from the bulls to push it previous the $5000 milestone.

As of press time, ETH is buying and selling 1.76% down at $4,707 with a market cap of $560 billion. However one main roadblock to Ethereum’s additional rally might be its excessive fuel charge. The common price of the ETH fuel charge has touched the best in 5 months. As per on-chain information supplier Santiment:

Ethereum is sitting at ~$4,780 on the time of this writing, and optimism that $5k is across the nook seems excessive. One of many few issues holding $ETH again is the truth that the common community charge sits at $63.50, which was final this excessive on Might twelfth.

Courtesy: Santiment

Ethereum Rivals Gaining Traction

Ethereum (ETH) has been one of many top-performing cryptocurrencies this yr in 2021. The Ethereum blockchain has witnessed excessive DeFi and NFT exercise this yr.

Nevertheless, the excessive transaction prices have been a deterrent for brand spanking new DeFi gamers. Thus, they’ve been shifting to different competing and various platforms like Solana (SOL), Polkadot (DOT), and plenty of others.

As now we have seen, Solana (SOL) witnessed a staggering bull run over the previous few months making its solution to the top-five crypto-list final week. Solana has emerged as a real Ethereum challenger with its excessive transaction throughput and low-cost transactions. Solana has additionally been the house for a number of DeFi protocols and has greater than $15 billion in total-value locked (TVL).

Different upcoming gamers within the section are Avalanche (AVAX) and Fantom (FTM). Nevertheless, Ethereum nonetheless stays miles forward in the case of dominating the general DeFi exercise.

However all eyes are at present on Ethereum 2.0 growth which can massively explode the community scalability whereas bringing down the transaction prices.



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