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Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000

CoinGape LogoCoinGape2w ago

Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000 - CoinGape

Quick Summary:

Since last weekend, the cryptocurrency market has showcased a sluggish trend with most of the major assets wavering sideways.

However, the second-largest crypto by market cap Ethereum has maintained a better position amid the development in Spot ETH ETFs.

The Ethereum price has been under an active correction trend since May end.

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Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000 - CoinGape (Picture 1)Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000 - CoinGape (Picture 2)Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000 - CoinGape (Picture 3)

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 15:49:30 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21566621

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000" has 363 words across 39 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000" was covered 2 weeks ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 31 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #21566621
  • URL: https://beamstart.com/news/ethereum-price-forecast-dwindling-open-17206267063

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