Ethereum ($ETH) Crypto Forecast: Up 5.0% Today

What is Ethereum?

Ethereum (ETH) is a popular cryptocurrency token known for its smart contract functionality and decentralized applications. The overall cryptocurrency market has been experiencing bullish momentum recently, with increased interest from retail and institutional investors.

Why is Ethereum going up?

ETH crypto is up 5.0% on Feb 22, 2025 23:00

• Ethereum's bullish movement today can be attributed to a combination of factors:
• The bullish divergence could have sparked optimism among traders, leading to increased buying pressure on ETH.
• The surge in Binance Pay transactions indicates growing adoption of cryptocurrencies, potentially boosting demand for Ethereum.
• Analyst predictions of Ethereum benefiting from Bybit losses might have instilled confidence in the token's future prospects.
• The NFT market's revival and Ethereum's outperformance of rivals could have attracted investors seeking exposure to the sector.
• Despite the recent Bybit hack, Ethereum whales continuing to hoard ETH likely contributed to the buying pressure and price appreciation of the token.

ETH Price Chart

ETH Technical Analysis

ETH News

Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence

Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence

https://www.newsbtc.com/news/ethereum/ethereum-price-could-still-reclaim-4000-based-on-this-bullish-divergence/

Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates

Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates

https://cryptopotato.com/binance-pay-transactions-hit-72-4-billion-as-crypto-adoption-accelerates/

PEPE Price Rebounds 6% as Analyst Predicts Ethereum Gains from Bybit Losses

PEPE Price Rebounds 6% as Analyst Predicts Ethereum Gains from Bybit Losses

https://coingape.com/markets/pepe-price-rebounds-6-as-analyst-predicts-ethereum-gains-from-bybit-losses/

NFT Market Revives: 11.6% Weekly Leap as Ethereum Outpaces Rivals

NFT Market Revives: 11.6% Weekly Leap as Ethereum Outpaces Rivals

https://news.bitcoin.com/nft-market-revives-11-6-weekly-leap-as-ethereum-outpaces-rivals/

Ethereum whales keep hoarding despite Bybit hack – Buying pressure to ETH’s rescue?

Ethereum whales keep hoarding despite Bybit hack – Buying pressure to ETH’s rescue?

https://ambcrypto.com/ethereum-whales-keep-on-hoarding-despite-bybit-hack-buying-pressure-to-eths-rescue/

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Ethereum Price History

18.01.2025 - ETH Crypto was down 5.0%

• The bearish movement in Ethereum (ETH) today could be attributed to the short-term price prediction indicating a downward trend.
• The news of Ethereum ETFs seeing significant inflows while investors rotate out of Bitcoin may have also impacted the market sentiment negatively.
• The anticipation of FTX payouts beginning today might have led to some investors selling off their Ethereum holdings, contributing to the bearish movement.
• Despite the negative market movement today, the long-term survival of Ethereum (ETH) in the upcoming 2025 bull run is still a topic of discussion among crypto enthusiasts.

18.01.2025 - ETH Crypto was down 5.0%

• Low supply of Ethereum on exchanges may suggest reduced selling pressure, potentially leading to a price rise. However, current market movements could be influenced by traders taking profits.
• Speculative trading behavior following price predictions for Ethereum on February 18 may have contributed to the bearish trend as investors reacted to the forecasts.
• Concerns about wallet security on Ethereum's Layer-2 platform could have triggered a sell-off of ETH tokens among investors.
• The commencement of FTX payouts today may have sparked uncertainty in the market, causing traders to divert their attention and capital from Ethereum, resulting in the bearish trend.

14.01.2025 - ETH Crypto was up 5.0%

• The bullish movement in ETH today can be attributed to the anticipation surrounding the major Pectra upgrade announcement, which is expected to bring significant improvements to the Ethereum network and boost investor confidence in the token.
• The launch of a Nasdaq-listed crypto ETF by Hashdex, with exposure to Bitcoin and Ether, could have also contributed to the positive sentiment around ETH as it signals growing mainstream acceptance and adoption of cryptocurrencies.
• Vitalik Buterin's advocacy for bigger Ethereum blocks may have reassured investors about the scalability and future potential of the Ethereum network, leading to increased buying interest in ETH.
• The confirmation of Pectra testnet forks on Holesky and Sepolia by Ethereum core developers indicates progress in the development of the network, further strengthening investor belief in the long-term viability of Ethereum and driving up the price of ETH.

14.01.2025 - ETH Crypto was up 5.2%

• Ethereum's bullish movement today can be attributed to the anticipation and excitement surrounding the upcoming major Pectra upgrade.
• The clash among Ethereum developers over looming upgrades may have caused some uncertainty in the market but was overshadowed by the positive sentiment around the potential price surge to $10K.
• The surge in the price of Ethereum rival Cardano and the filing of an ADA ETF application by Grayscale could have indirectly contributed to boosting overall confidence in the cryptocurrency market, including Ethereum.
• The launch of a Nasdaq-listed crypto ETF with exposure to Bitcoin and Ether by Hashdex indicates growing mainstream acceptance of cryptocurrencies, further fueling the bullish sentiment for Ethereum and the broader market.

13.01.2025 - ETH Crypto was up 5.6%

• Ethereum's price soared above $3,000 due to positive market sentiment and robust investor confidence.
• The excitement surrounding Ethereum 2.0 and the introduction of staking on ETFs by 21Shares were key factors driving the upward trajectory.
• Analysts express confidence in ETH's potential for further growth, especially if it can sustain its current momentum.
• The overall optimistic sentiment in the cryptocurrency sphere, coupled with specific Ethereum-related developments, propelled the asset's significant bullish surge today.

13.01.2025 - ETH Crypto was up 5.8%

• Today, Ethereum has shown a positive trend, likely due to notable buying activity by large holders, acquiring more than 600,000 ETH in the last week, indicating strong confidence in the digital asset.
• The approval request by Cboe BZX for staking in 21Shares' Ethereum ETF with the SEC could have also had a favorable impact on market sentiment towards ETH, introducing new investment opportunities.
• Analysts believe that Ethereum's breakthrough above $3,000, against a backdrop of higher-than-anticipated inflation figures, has the potential to instill trust in the cryptocurrency, potentially leading to sustained upward momentum.
• As Ethereum's price prepares for advancement and XRP displays stability, investors hold a positive outlook on the overall market, further fostering a bullish sentiment towards ETH.

22.01.2025 - ETH Crypto was up 5.1%

• Despite recent concerns in the crypto community, Ethereum whales continue to hoard the token, indicating strong confidence in its future prospects.
• A prediction of Ethereum slipping to $2,300 before a $4K uptick might have caused short-term uncertainty among investors, leading to some selling pressure.
• Debate over an onchain rollback following recent events could have created uncertainty and division within the Ethereum community, potentially impacting market sentiment.
• Analysis suggesting a decline in Ethereum's performance in the future might have led to profit-taking by investors, contributing to the short-term bearish sentiment.

22.01.2025 - ETH Crypto was up 5.0%

• Ethereum's bullish movement today can be attributed to a combination of factors:
• The bullish divergence could have sparked optimism among traders, leading to increased buying pressure on ETH.
• The surge in Binance Pay transactions indicates growing adoption of cryptocurrencies, potentially boosting demand for Ethereum.
• Analyst predictions of Ethereum benefiting from Bybit losses might have instilled confidence in the token's future prospects.
• The NFT market's revival and Ethereum's outperformance of rivals could have attracted investors seeking exposure to the sector.
• Despite the recent Bybit hack, Ethereum whales continuing to hoard ETH likely contributed to the buying pressure and price appreciation of the token.

22.01.2025 - ETH Crypto was up 5.2%

• Ethereum's bullish movement could be attributed to the overall positive sentiment in the cryptocurrency market.
• The Bybit hack, where $1.4 billion worth of ETH-based assets were stolen, initially caused a dip in ETH's price. However, the resilience of the Ethereum network and investor confidence might have led to the bullish recovery.
• The incident linked to the Lazarus Group cyberattacks could have created some uncertainty in the market, but Ethereum's price surge indicates that investors are still optimistic about its long-term potential.
• Analysts predicting a price surge for Dogecoin to $4 might have also contributed to the positive sentiment in the overall cryptocurrency market, including Ethereum.

22.01.2025 - ETH Crypto was up 5.1%

• The bullish movement in ETH could be attributed to the overall positive sentiment in the cryptocurrency market.
• A recent significant hack and subsequent recovery initiative in the crypto space might have steered investors towards more established cryptocurrencies like ETH, bolstering its price.
• Uncertainty surrounding certain other cryptocurrencies like Solana (SOL) due to declining on-chain metrics may have prompted investors to view ETH as a more secure investment choice.
• Despite negative events, the cryptocurrency community's resilience in handling security challenges likely enhanced confidence in ETH, influencing its strong performance today.

17.01.2025 - ETH Crypto was up 5.2%

• ETH experienced a bullish movement likely due to positive sentiment in the overall cryptocurrency market and the anticipation of Ethereum's upcoming upgrades and developments.
• The aim to streamline Ethereum's Layer-2 interoperability could have contributed to the positive outlook for ETH, as it shows continuous innovation and improvement within the Ethereum ecosystem.
• The valuation update on a leading decentralized exchange in the DeFi sector may have indirectly influenced ETH's bullish movement, as its success often reflects positively on the broader Ethereum network.
• Analysts predicting a Bitcoin bull run amidst market chaos could have also boosted confidence in the cryptocurrency market as a whole, leading to increased investment in tokens like ETH.

13.01.2025 - ETH Crypto was up 5.2%

• ETH experienced a 6% increase in value today, amid strong bullish movement driven by various factors:
• A filing by a financial institution to enable staking within its ETH ETF could potentially lead to increased demand for Ethereum, boosting its price.
• Ethereum whales purchasing over 600,000 ETH in the past week could have indicated confidence in the token's future performance, attracting more investors.
• Positive market sentiment, reflected in Bitcoin's surge and the rise of other tokens like CAKE, likely contributed to ETH's upward movement.
• The CEO of a popular trading platform expressing enthusiasm about the rising crypto revenue and stock price could have added to optimism among investors, including those involved in Ethereum.