Pro Says Ethereum Price is a Buy Despite Rising Liquidations and BlackRock Selling
Highlights
- Ethereum price has crashed in the past few days as liquidations jumped and ETF inflows jumped.
- One crypto analyst believes that the coin will likely bounce back and possibly hit the important resistance level at $6,250.
- The coin has formed a bullish flag pattern, pointing to more gains in the coming weeks.
Ethereum price crashed by over 6.5% today, Oct. 14, as the crypto market crash resumed. Still, one popular crypto analyst believes that the coin is still a buy despite the soaring liquidations, exchange-traded funds outflows, and increased selling by BlackRock.
Frequently Asked Questions (FAQs)
1. What is the most likely Ethereum price forecast?
2. Why are Ethereum liquidations rising?
3. Is Ethereum a good coin to buy today?
- Breaking: Jerome Powell Signals More Rate Cuts As Labor Market Weakens, Bitcoin Rises
- DOJ Files $15B BTC Forfeiture Order, Potentially Boosting U.S. Bitcoin Reserves
- ‘Trump Insider Whale’ Increases Bitcoin Short to $485M Amid Crypto Market Crash
- Fed Governor Michelle Bowman Projects Two More Rate Cuts This Year
- Four Meme and BNB Partner on $45M ‘Rebirth Support’ Airdrop, First Batch Set to Begin
- Chainlink Price Eyes $100 as S&P Global Partnership Expands Institutional Adoption
- Solana Price Prediction as Whales Withdraw $169M from Exchanges
- Pro Says Ethereum Price is a Buy Despite Rising Liquidations and BlackRock Selling
- XRP Price Prediction as Whales Dump 2.23B Tokens — Is $2 the Next Stop?
- Trader Sees a Dogecoin Price Surge as House of Doge Sets for a NASDAQ Listing
- Will Shiba Inu Price Recover After the Crypto Crash As Burn Rate Soars 8,194%?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
