.santimentfeed $ETH Ethereum may be readying to surge, while all eyes are on $XRP and $LINK
"Under the radar metrics" hint at upcoming ETH surge
One of the hints as to the future of Ethereum's rise, per the Santiment report, is that traders have turned their attention away from ETH,"bored by its middling price action," now intensely watching the XRP and LINK prices soaring. Santiment says that many altcoins begin to grow well as soon as traders become distracted from them by other assets in the market.
Another major sign of a price bottom for Ethereum is traders starting to increase their transactions at a loss compared to those while at a profit. Price bottoms are often followed by buyers starting to outnumber sellers and the price going up again. Besides, a lot of Ethereum coins at the moment, per Santiment, are kept in cold wallets, and less than 7% of circulating ETH is stored on exchanges.
Overall, Santiment analysts believe that at some point in August, Ethereum may well reclaim the $2,000 level and rise higher.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Putin's Navy parade preparations hint at drone attack fearsRussia's annual Navy Day parade is scheduled for July 30, although there had been some debate in Russian state media over whether it would go ahead.
Leer más »
Starknet unveils 'appchains' framework, eyeing multi-chain ecosystemEthereum Layer 2 Starknet introduced “appchains,” a framework facilitating the creation of multiple application-specific blockchains.
Leer más »
Solana Labs rolls out Solang compiler to enhance Ethereum compatibilityThe launch of Solang provides a tool for developers familiar with Solidity, Ethereum's primary smart contract programming language.
Leer más »
Is Ethereum (ETH) Poised for Run Toward $2,000?$ETH stronger than it looks, which could spark a rally toward $2,000
Leer más »
Nethermind and EigenLayer team up to build on Ethereum restaking capabilitiesNethermind announced a partnership with EigenLayer, a restaking platform that leverages Ethereum's security.
Leer más »
Pre-mined Ethereum Reawakens, ETH Stays Steady Over $1,900This came to light following another significant development - an Ethereum whale, with a colossal 61,216 ETH ($116 million), ended an eight-year hiatus
Leer más »