Ethereum Price Insight From Last Cycle Hints Timeline for New ATH

Quick Summary:

As a pioneer digital asset, Bitcoin plunged 2%, the Ethereum price followed by nearly 3.5%, projecting a relief pullback for buyers to recuperate the exhausted bullish.

After a week-long bullish rally, the crypto market took a slight cool-off during Tuesday’s U.S.market session.

Historically, whale accumulation has coincided with a major market reversal, a crucial factor in driving a prolonged uptrend.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Ethereum Price Analysis ETH Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 18:41:01 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23558116

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Official Website: coingape.com

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