Ethereum’s price stumbles: Factors behind the decline

Dec 9, 2024 · Ether’s price dropped 13% from $2,719 to $2,330, breaking the crucial $2,400 support level. Analysts predicted this zone as a strong support, but the breach suggests potential further decline. Ethereum’s Total Value Locked (TVL) fell from $34.7 billion to $32.2 billion, …

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Ethereum’s Price Stumbles: Factors Behind The Decline

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cryptopolitan.com

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Why Ethereum's Weak Momentum May Block $2,600 Breakout

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Nov 5, 2024 · Ethereum (ETH) price is showing signs of weakening strength as polls open across most of the US. Despite a 24% surge in trading volume over the past 24 hours and a modest …

beincrypto.com

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Why Is Ethereum Crashing? Unveiling The Key Reasons Behind The …

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Dec 20, 2024 · The Ethereum (ETH) market faced a sharp downturn, with prices dropping over 6% in the last 24 hours to a low of $3,120. The slump is attributed to a combination of …

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Ethereum's Price Drop: What It Means For Crypto Liquidity And …

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2 days ago · A Closer Look at Ethereum's Price Movements. Ethereum has taken a hit, y’all. On January 13, 2025, it dropped over 7.5% in just one day, making it the biggest loser among the …

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Ethereum Price Tumbles Down, What’s The Reason Behind The …

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Ethereum’s price correction as of today is an off-shoot from that of the broader market. While ETH lost by over 8%, Bitcoin plummeted by just 4% as the price retracted to $16,109.16. FTX …

newsbtc.com

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Is Ethereum’s Struggle Against Bitcoin About To End? - CCN.com

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6 days ago · Ethereum (ETH) has lagged behind Bitcoin by an eye-watering 60%. Brief rallies have sparked fleeting optimism, only to be swiftly undone by subsequent retracements. ...

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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FAQs about Ethereum’s price stumbles: Factors behind the decline Coupon?

Why is Ethereum price sliding lower?

Ethereum price is sliding lower and is in line with Bitcoin’s drop. Investors can expect ETH to slide 5% as sell signals multiply. The $3,500 to $3,352 support level is crucial for Ether and will determine if the correction will extend. Ethereum (ETH) price is sliding lower, in line with the rest of the crypto market. ...

Why did ETH price drop?

Our Ethereum report explains factors behind the ETH price drop, such as Ether ETF outflows, supply dynamics and declining network activity. ...

Will Ethereum price continue its descent?

Yes, Ethereum price will likely continue its descent until it finds a strong support structure to bounce from, aka until it finds a demand area. However, one nuance that can be expected is a bounce from the $3.8K to $3.9K demand zone to sweep the buy-side liquidity at $4,024. ...

Why are network fees declining on Ethereum?

Network fees have seen a major decline, raising concerns about staker revenue and network security. Both the transaction count and the number of active wallet addresses on Ethereum have seen a decline, indicating a decrease in overall network usage. ...

What happens if Ethereum price is not satiated?

If the selling pressure is not satiated at this point, Ether could slide lower to retest the previous monthly Value Area High (VAH) or the weekly Volume-Weighted Average Price (VWAP) at $3.518. Ethereum price prediction hints that a breakdown of $3,518 would be a critical juncture and could trigger a 4% to 10% crash to $3,368 or $3,161. ...

How will inflation affect Ethereum?

Ethereum’s inflationary supply dynamics, with issuance exceeding burning, could dampen the price. Ether ETFs witnessed significant outflows, exceeding $562.5 million, creating additional selling pressure. Network fees have seen a major decline, raising concerns about staker revenue and network security. ...