Cryptocurrency
4 Bear and 3 Bull Scenarios for Ethereum (ETH) Price in September

That is if Ethereum can weather three big price hurdles ahead of it in September,
The Dencun upgrade’s introduction of low-cost blobs for Layer-2 blockchains to quickly scale the network to peers has unleashed a torrent of activity on Ethereum’s decentralized smart contract network.
Since then, gas fees in ETH on the base layer of Ethereum have declined significantly. Although that has reduced validators’ revenues, there has been a blossoming of activity on low-fee L2s.
Ethereum L2 monthly active users doubled after Dencun took effect in March. Meanwhile, fees to use Base, Mantra, Starknet, Blast, and OP Mainnet have declined dramatically.
But Ethereum has struggled this year to reflect its improvements and future prospects in a consolidated movement of the market. When it slipped to $2,400 this week, its price was back to where it was in February. By comparison, Bitcoin has been doing a little better this year.
So will Ether’s price continue to thrash and flail, or does it have an advantage over competitors like BNB, Solana, XRP, Tron, and Cardano in the near to medium term?
4 Ethereum Price Advantages In 2024
Here are four advantages Ethereum has going forward:
1. Another Wrapped Bitcoin On Ethereum
Natively put your idle BTC to work on Ethereum.
21BTC on Ethereum gives you:
• BTC that’s native to Ethereum
• No Lock-And-Mint technology
• 100% Backed by BTC
• Institutional-grade security
• Deep liquidity
• Operational excellenceHere’s what you need to know(/5) pic.twitter.com/CGY97mqeut
— 21.co (@21co__) September 3, 2024
21co, the owner of Bitcoin ETF issuer 21 Shares, just recently introduced another Wrapped Bitcoin asset on Ethereum.
This is a reminder: Your Bitcoin is a final settlement in a brutally scarce currency on the most secure Web3 layer blockchain —and Ethereum represents so many things you can do with it without just handing it over to the establishment it’s disrupting.
While Bitcoin is in a long-term holding phase because of its network effects and the growth prospects of each Satoshi’s value due to its ultimately addressable global market, when the dam breaks and the pent-up demand spills, Ethereum is certainly one place where holders will be spending it.
From finance, to insurance, to contracts, to CRMs, to supply chain management, to gaming, and online database solutions, the leading smart contract networks like Ethereum have a very big future ahead.
2. Institutional Adoption Marches On
Wall Street has so far laid only finicky hands on the Ethereum ETFs, with outflows creating resistance for Ether’s price. But the overall institutional stance toward the asset is still second only to Bitcoin, even as corporate project managers and institutional hedge funds flirt with Ethereum’s competitors like Solana and Cardano.
However, Ethereum and ERC20 Layer-2 protocol Polygon (MATIC) power most of the institutional products currently available on Web3. A recent X post from Adriano Feria, a popular ETH booster on social media, outlined the march of corporate projects using Ethereum.
“Hate to break it to the #Ethereum doubters, but $ETH is well on its way to securing solid institutional adoption, led by industry giants like Coinbase, Circle, BlackRock, and more recently, Sony,” Feria wrote.
With Sony’s announcement on August 22 that it’s launching its own Ethereum Layer-2 blockchain, Soneium, there could be some more market alpha in ETH’s future.
3. Ethereum Price Chart Technicals
ETH just had its worst month in two years, falling by 22% in August. Therefore, mean reversion theory dictates that its price will tend to move back toward its average trend over time, giving it support for a rally. Put in shoppers’ terms, Ether was on sale in August.
ETH may be undervalued based on expert predictions from some of the most active funds, publications, and banks in the Web3 space, in a recent study by CoinGecko:
What is Ethereum’s price prediction for 2024?
Our latest study reveals that top analysts, outlets, and fund managers predict #Ethereum will average $6,404 by the end of 2024.
Read the full study: https://t.co/FzuIYpuE9D pic.twitter.com/Lj5TXYtqkF
— CoinGecko (@coingecko) August 16, 2024
4. Dovish Fed Regime Pivot
The fact that new coins are produced means the money supply increases by a planned amount, but this does not necessarily result in inflation.
If the supply of money increases at the same rate that the number of people using it increases, prices remain stable.
— Satoshi Nakamoto Quotes (@QuotesNakamoto) July 5, 2024
The Federal Reserve chair announcing in August a pivot to lower interest rates is likely to galvanize crypto markets. As dollar supplies increase, there’s extra liquidity to pump financial markets like stocks and cryptocurrency.
There’s also a baked-in ethos among crypto investors to hedge dollar inflation using cryptocurrencies, especially those that strictly limit new supplies.
Ethereum is especially well-suited as one of these alternative sound money currencies. After the Merge transitioned it from a mined to staked cryptocurrency in Sept. 2022, it also introduced a burn feature that removes a small amount of Ether when transactions are made.
That helps limit supplies and so that ETH tokens hold their purchasing power parity against other currencies like Bitcoin and the US dollar.
3 Price Hurdles for Ethereum in September:
1. September Doldrums a Headwind
September is historically a slumpy month for financial markets. In stocks, it is the only calendar month to return an average negative ROI over the past 98 years. It has typically been choppy and slow for crypto assets as well, with seasonally high volatility and lower prices.
That means it can make a great entry point for crypto investors to buy assets at good value. It’s also not usually the time of year to sell to maximize earnings or minimize losses.
2. US Election Uncertainty
Markets are also fretting over the outcome of the U.S. election in November. A Harris win could lead to rising prices, higher taxes, and more expensive regulations.
A Trump win could lead to another multi-trillion dollar trade war with half the rest of the world, which was expensive for Wall Street the last time around.
3. Bitcoin’s Price Gravity Well
Ethereum’s valuation is closely related to the spot price of BTC. Over the course of the four-year cycle around Bitcoin’s supply halvings, there tends to be a mild bear market around this time after the event, leading up to multi-month rally to new record highs. That’s going to have an impact on altcoin prices.
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Cryptocurrency
Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

TL;DR
- Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
- Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
- Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.
Large Withdrawals and Whale Activity
Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours.
Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.
One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.
Major ETH Holders Offload Millions Amid Price Rally
In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.
A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months.
Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578.
Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.
The #EthereumFoundation-linked wallet(0xF39d) sold another 1,300 $ETH($5.87M) at $4,518 ~11 hours ago.
Over the past 3 days, this wallet has sold a total of 6,194 $ETH($28.36M) at an average price of $4,578.https://t.co/4hfCWymHVG pic.twitter.com/ErUyEY8SJy
— Lookonchain (@lookonchain) August 15, 2025
Network Activity on the Rise
CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.
Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period.
At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.
In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.
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Cryptocurrency
Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR
- Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
- A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
- DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.
Price and Market Moves
Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion.
Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.
On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.
$Doge/2-week#Dogecoin is gaining strong momentum to surge above $1 pic.twitter.com/TuSEKr19nv
— Trader Tardigrade (@TATrader_Alan) August 15, 2025
Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.
Heavy Whale Buying and Large Transfers
As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community.
Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.
Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.
Whales are back! Dogecoin $DOGE activity at a 1-month high. pic.twitter.com/C83Pv68mCt
— Ali (@ali_charts) August 14, 2025
Sentiment Building
Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding,
“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”
With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.
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Cryptocurrency
Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.
Technical Analysis
By ShayanMarkets
The USDT Pair
On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.
Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.
However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.
This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.
The BTC Pair
Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.
This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.
That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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