• About
  • Coincu
  • Hot topics
  • Random
  • Exchange
  • Dotscan
Tuesday, August 16, 2022
CoinCu News
No Result
View All Result
  • Login
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • Defi
    • GameFi
    • NFTs
    • Metaverse
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home Ethereum

Can ETH increase by 40% by the end of September?

September 14, 2021
in Ethereum
387
90
SHARES
3k
VIEWS
Share on Facebook

The Crypto Market Has Added Over 700 New Coins In Q3

Ethereum Rejection at $2,000 Makes Traders Confused

Rise, consolidation, deviation and consolidation are typical price movements on the ETH chart from August to today. The price of the largest altcoin has stayed below $ 3,500 for six consecutive days, and it’s noteworthy that the current phase of consolidation is pretty similar to that of mid-August.

However, it should also be noted that there is a huge difference. In mid-August, the ETH tended towards the lower end, but this time the price moved significantly more towards the upper end.

The previous correction took more than 2 weeks. Will the same thing happen at this time?

Can ETH increase by 40 by the end of September

ETH / USDT | The source: TradingView

Positive retailer mood

To some extent, attitudes of market participants play an important role in reinforcing an ongoing trend. Overall, the mood among ETH options traders at the time of going to press seems to be quite positive.

There are currently 1,917 DBT contracts that are expected to see the ETH price reach $ 5,500 by the end of the year. These market players are fairly optimistic not only in the long run, but also in the short term. According to the Skews Chart, 1,731 contract holders expect ETH to be released on March 17.

eth

Change open interest of the ETH option | The source: Crookedness

In the long or short term, the current market sentiment underscores the bullish tendency. The possibility of ETH exiting the USD 3,300 trading zone to hit even higher highs next week seems very likely at the moment.

However, it should also be noted that some traders currently have open put-sell contracts at the strike price of $ 2,800. Even so, the volume is not large enough to dwarf the call (call) aggregate and is unlikely to have a significant impact on price.

In addition, all of the Open Interest has recently shown signs of recovery. According to data from Skew, Deribit’s open interest on September 10 was around $ 4 million. However, at the time of writing, the numbers soared to over $ 5 billion, suggesting a return in interest rates. This essentially means that fewer contracts will be liquidated than new contracts will be added.

In other words, it can be confirmed that new money is flowing into the ETH market at this point. Open interest in prominent stock exchanges such as OKEx and bit.com has also increased in parallel.

eth

Total ETH Options Open Interest | The source: Crookedness

Mood swings in the third quarter

Q3 has always been eventful for ETH in the course of its history. In 2015, 2018 and 2019, ETH’s quarterly ROI remained negative (-75%, -50% and -38% to be precise). However, the market gradually changes over time.

With the exception of one case (see below), negative returns decrease in every subsequent 3rd quarter. Last year it was even 60%. Just over 2 weeks to the end of the quarter and the current profit is 44%.

So if the bullish momentum continues and buying pressure increases in the coming days, a quarterly closing price 40% higher is possible.

eth

ETH quarterly profit | The source: Crookedness

With previous precedents, the collective optimism of traders, and the gradual positive change in earnings over the course of the third quarter, the foundation is that ETH price will rise rapidly and hit a local high in the coming days.

We invite you to join our Telegram for faster news: https://t.me/coincunews

At home at home

According to AMBCrypto

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

Contents

  • Positive retailer mood
  • Mood swings in the third quarter

The largest increase in Ethereum ($ETH) staking since Genesis has occurred with more than 200k ETH

Daily Technical Analysis On March 17: BTC, ETH, CELO – What makes CELO Increase 70%?

Tags: ETHincreaseSeptember
Previous Post

Bitcoin Price Pump & Dump In A 5% Adjustment Last Night, Darth Maul Candle Back?

Next Post

$ 2 billion bitcoin fluctuates with just 78 coins

Other Posts

Ethereum Rejection at $2,000 Makes Traders Confused
Ethereum

Ethereum Rejection at $2,000 Makes Traders Confused

August 16, 2022
Ancient Ethereum Whale From 2014 Wakes Up, Transferring 145,000 ETH
Ethereum

Ancient Ethereum Whale From 2014 Wakes Up, Transferring 145,000 ETH

August 15, 2022
Is FOMO ETH Now A Wise Decision?
Knowledge

Is FOMO ETH Now A Wise Decision?

August 14, 2022
Ethereum Surpasses $2,000 As The Network Nears The Event Of The Merge
Ethereum

Ethereum Surpasses $2,000 As The Network Nears The Event Of The Merge

August 13, 2022
ETHPoW Team Claims That The Miner-Led Fork Of Ethereum Is Inevitable
Ethereum

ETHPoW Team Claims That The Miner-Led Fork Of Ethereum Is Inevitable

August 13, 2022
Date Of The Merge May Be Delayed For An Extra Week
Ethereum

Date Of The Merge May Be Delayed For An Extra Week

August 13, 2022
Next Post
$ 2 billion bitcoin fluctuates with just 78 coins

$ 2 billion bitcoin fluctuates with just 78 coins

Leave Comment

Contents

  • Positive retailer mood
  • Mood swings in the third quarter
  • Federal Reserve Allowing Cryptocurrency Banks Access To Central Banking System

    Federal Reserve Allowing Cryptocurrency Banks Access To Central Banking System

    126 shares
    Share 50 Tweet 32
  • Aave Blocking All Addresses Linked To Tornado Cash, Including Justin Sun

    126 shares
    Share 50 Tweet 32
  • Google Sites And Microsoft Azure Are Being Used To Steal Cryptocurrency

    102 shares
    Share 41 Tweet 26
  • Luna Collapsed, Family In Korea Decided To Commit Suicide

    115 shares
    Share 46 Tweet 29
  • CZ Exposes LinkedIn Scam, Only 50 Out Of 7000 Binance Employee Records Are Real

    91 shares
    Share 36 Tweet 23
Jump Crypto Joins Solana Blockchain Building

Jump Crypto Joins Solana Blockchain Building

August 16, 2022
Lido To Expand To Optimism And Arbitrum As First Step Of Its Layer-2 Plan

Lido To Expand To Optimism And Arbitrum As First Step Of Its Layer-2 Plan

August 16, 2022
TRM Labs Explains Tornado Cash Address Blocking

TRM Labs Explains Tornado Cash Address Blocking

August 16, 2022
Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism

Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism

August 16, 2022
Crypto Market Highlights August 16, 2022

Crypto Market Highlights August 16, 2022

August 16, 2022
Celsius’ $750 Million Insurance Being A Falsehood And Willful Deception Is Made

Celsius’ $750 Million Insurance Being A Falsehood And Willful Deception Is Made

August 16, 2022
Ripple To Power Remittances Between Japan And Thailand

Ripple To Power Remittances Between Japan And Thailand

August 16, 2022
Acala Successfully Regain Peg For AUSD After 2 Days Of Problems

Acala Successfully Regain Peg For AUSD After 2 Days Of Problems

August 16, 2022
The Crypto Market Has Added Over 700 New Coins In Q3

The Crypto Market Has Added Over 700 New Coins In Q3

August 16, 2022
BlueBenX Staging a $32 Million Hack To Make Up For Loss?

BlueBenX Staging a $32 Million Hack To Make Up For Loss?

August 16, 2022
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Polkadot Scan
  • Metaverse
  • Polygon
  • Coinbase
  • Trending
  • Top Coin
  • Vi
  • DFH
  • CryptoLinks

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
    • GameFi
    • NFT
    • Web 3
  • Crypto Recap
  • Video
  • IDO Events
    • Airdrop
  • Scam Alert
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Dotscan

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In