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Cryptorank

ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery


by Wayne Jones
for CryptoPotato
ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery

Ethereum is now in a correction phase after reaching a high of about $4,950 in late August, with open interest (OI) dropping more than 8% in the past week.

On the other hand, Binance’s futures market data suggests that the dip may be close to running out of steam, which could set the stage for the next rally.

Read the article at CryptoPotato

Read More

Ethereum Price Analysis: Will ETH Crash to $4K or Rocket to $5K Next?

Ethereum Price Analysis: Will ETH Crash to $4K or Rocket to $5K Next?

Ethereum’s price has been consolidating for over a month now and is yet to push throu...
Ethereum’s Biggest Accumulation Wave Since 2018 Could Trigger Explosive Rally

Ethereum’s Biggest Accumulation Wave Since 2018 Could Trigger Explosive Rally

In four months, ETH accumulation has skyrocketed as holdings doubled, indicating mass...

ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery


by Wayne Jones
for CryptoPotato
ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery

Ethereum is now in a correction phase after reaching a high of about $4,950 in late August, with open interest (OI) dropping more than 8% in the past week.

On the other hand, Binance’s futures market data suggests that the dip may be close to running out of steam, which could set the stage for the next rally.

Read the article at CryptoPotato

Read More

Ethereum Price Analysis: Will ETH Crash to $4K or Rocket to $5K Next?

Ethereum Price Analysis: Will ETH Crash to $4K or Rocket to $5K Next?

Ethereum’s price has been consolidating for over a month now and is yet to push throu...
Ethereum’s Biggest Accumulation Wave Since 2018 Could Trigger Explosive Rally

Ethereum’s Biggest Accumulation Wave Since 2018 Could Trigger Explosive Rally

In four months, ETH accumulation has skyrocketed as holdings doubled, indicating mass...