38% Ethereum Futures Premium Signals, Traders Anticipate $ 2,500 ETH
Now that the price of Ether (ETH) broke the $ 2,000 level, hitting all-time highs this week, traders have become overly optimistic and expect more upside in the near term. Some analysts believe that the initial liquidation of Visa’s (NYSE 🙂 USD Coin (USDC) stablecoin transaction on the network kicked off the most recent rally. Others attribute the current rise in Ether to a breakdown of the “triangular market structure.” Price of Ether (ETH) on Coinbase, USD. Source: TradingViewOKEx 3-Month ETH Futures Basis. Source: SkewDeribit 90 Day ETH Options 25% Delta Deviation. Source: laevitas.ch Continue reading on Coin Telegraph
Disclaimer: Fusion Media
wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media
assumes no responsibility for any business
losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will not accept any responsibility for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading
the financial markets, it
is one of the riskiest forms of investment possible.