The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

Ethereum Prints New ATH of Over $4,300 Leading Broader Altcoin Resurgence

by Miki 10/22/2021
by Miki 10/22/2021 0 comment

Ethereum is generally maintaining its bullish trend and should the current accumulation be sustained, the digital currency is billed to test more ambitious price levels in the coming weeks.

Ethereum (ETH), the world’s second-largest digital currency by market capitalization has extended its lead amongst altcoins as it inked a new All-Time High (ATH) of $4,366.09 today. While Ethereum has joined the uptrend since the beginning of the month, it has largely met with a lot of resistance in its bid to break its previous ATH record.

At the time of writing, Ethereum is changing hands at $4,216.52, up 5.1% in the past 24 hours, atop a market capitalization of $495.8 billion. This growth point has been sustained in the past month in which Ethereum has inked over 41.4%. Ethereum’s growth takes backing from many factors ranging from the increasing adoption of Decentralized Finance (DeFi) to the increasing hype surrounding Non-Fungible Tokens (NFTs).

On-chain data also shows the increasing accumulation of the digital currency by market whales. Per data from Santiment, whale wallets have bought up about 13.9% of the total Ethereum in circulation.

“#Ethereum’s top addresses have accumulated $ETH steadily since early August, and it’s no surprise to see the #2 asset approaching an #AllTimeHigh of its own. In the past 10 weeks, addresses with 1M to 10M $ETH have accumulated 13.9% more to their bags,” Santiment said in a tweet just before Ethereum attained the ATH.

In addition, the Open Interest (OI) of CME Ethereum Futures notably topped $1 billion today for the first time, further lending credence to the inherent bullish trend in the Ethereum market.

Ethereum ATH: Stirring Ripple Effect Amongst Other Altcoins

The current growth of Ethereum is a bullish factor that has sent a broad reverberation to the general market. Riding on the bullish ride of Ether, other altcoins including Binance Coin (BNB), Solana (SOL), Cardano (ADA), and XRP have also printed impressive growth runs. Solana, co-driven by its massively growing ecosystem is currently trading at $183.97, up 12.34%, Chainlink (LINK) has soared by $28.40 to 5.39%, and other top altcoins are also seeing good growth runs at the moment.

Undoubtedly, there is a likelihood of price retracement as Ethereum is currently close to its overbought position with a Relative Strength Index (RSI) of 67.98 as shown in the digital currency.

Ethereum to USD Chart. Photo: TradingView

Ethereum is generally maintaining its bullish trend and should the current accumulation be sustained, the digital currency is billed to test more ambitious price heights in the coming weeks. One of the major bullish projections for Ethereum was spelled by the popular self-acclaimed crypto technical analyst, CryptoBirb who forecasts a high of $20,000 for the coin in the next 4 months.

next Altcoin News, Cryptocurrency news, Ethereum News, News

Thank you!

You have successfully joined our subscriber list.

Subscribe to our telegram channel. Join



Source link

Views: 0
AltcoinATHBroaderEthereumLeadingPrintsResurgence
Share
0
FacebookTwitterPinterestEmail
previous post
Polygon avoids losses worth $850M; pays out $2M for disclosing vulnerability
next post
Valkyrie Bitcoin Futures ETF ($BTF) Goes Live on Nasdaq

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Binance Coin, Chainlink, Solana Price Analysis: 29 June

  • Digital scheme pays Venezuela health workers from frozen funds

  • Digital Euro is Designed to “Protect Consumer Privacy”- says ECB Board Member

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,297.00-2.49%
  • ethereumEthereum(ETH)$1,995.77-0.92%
  • tetherTether(USDT)$1.00-0.18%
  • binancecoinBNB(BNB)$326.222.53%
  • usd-coinUSD Coin(USDC)$1.000.09%
  • rippleXRP(XRP)$0.410865-1.81%
  • Binance USDBinance USD(BUSD)$0.99-0.71%
  • cardanoCardano(ADA)$0.53-2.02%
  • SolanaSolana(SOL)$50.79-1.60%
  • polkadotPolkadot(DOT)$10.161.30%
  • dogecoinDogecoin(DOGE)$0.084268-1.31%
  • Lido Staked EtherLido Staked Ether(STETH)$1,960.98-0.08%
  • AvalancheAvalanche(AVAX)$30.30-2.52%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,377.00-2.03%
  • tronTRON(TRX)$0.0807404.58%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.000012-0.23%
  • daiDai(DAI)$1.00-0.15%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$71.030.15%
  • CronosCronos(CRO)$0.191717-0.87%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.900.03%
  • matic-networkPolygon(MATIC)$0.66-0.29%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.05-1.06%
  • HederaHedera(HBAR)$0.389473-3.44%
  • FTX TokenFTX Token(FTT)$29.72-2.61%
  • bitcoin-cashBitcoin Cash(BCH)$195.17-1.38%
  • RareRare(RARE)$0.0461220.00%
  • moneroMonero(XMR)$188.494.34%