Ethereum price started a fresh decline from the $2,850 resistance zone. ETH is down over 10% and is struggling to stay above the $2,500 level. Ethereum is facing an increase in selling below the $2,650 zone. The price is trading below $2,750 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line…
Tag: ETH
Ethereum Price Crash To $2,000 Could Happen As Smaller Timeframes Turn Bearish
Ethereum’s price trajectory has taken a sharp downturn, with technical analysis showing a possible crash to $2,000. Crypto analyst SwallowAcademy pointed out on the TradingView platform that some bearish signals are forming in smaller timeframes, especially as buyers have failed to maintain a key support zone at $2,700. Notably, the broader market downturn over the…
Ethereum Price Fails to Break $3,000—Is the Uptrend in Danger?
Ethereum price failed to clear the $3,000 resistance zone. ETH is consolidating near $2,750 and might aim for a fresh increase. Ethereum is still showing positive signs above the $2,680 zone. The price is trading above $2,750 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $2,780…
Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence
The Ethereum price appeared to be finally gearing for a strong bullish breakout after multiple weeks of disappointing and sluggish action. However, this bullish dream ended almost immediately after it started as nearly $1.5 billion worth of ETH tokens were drained from the ByBit exchange. Ethereum, which traded as high as $2,840 earlier on Friday,…
Altcoins Ready For Round Two? CryptoQuant CEO Says Altseason Already Begun
As the cycle progresses, many investors are awaiting the long-anticipated Altseason, with opinions split on whether it will happen. Several market watchers have affirmed that Altcoins (Alts) are getting ready for an explosive breakout, but others, including CryptoQuant’s CEO, have suggested a different outlook. Few Cryptocurrencies To ‘Survive’ The Altseason On Friday, Ki Young Ju,…
Ethereum Fees Back To Lowest Since August: Is This Bullish?
On-chain data shows the cost of making a transfer on the Ethereum network has plunged recently. Here’s what this could mean for the ETH price. Ethereum Average Fees Has Gone Down Recently In a new Average Fees” here refers to an indicator that keeps track of the average amount of fees (in USD) that users…
Ethereum To Move Sideways For 2-3 Months? Analyst Says Longer ETH Consolidation Is Needed
Ethereum (ETH) has failed to break from a key level, retracing 4% as most of the market bleeds. Some analysts believe that ETH’s next leg up won’t come in a few months, as the second-largest cryptocurrency could move sideways until May. Ethereum To Continue Sideways Move? On Monday, Ethereum swan against the current and registered…
Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback?
Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. The price action remains indecisive as bulls struggle to reclaim the $2,800 level, a key supply zone that could determine Ethereum’s next move. While the long-term outlook remains uncertain, Ethereum is trading at crucial demand levels, facing…
Solana Risks Further Drop Amid $180 Support Retest – Is The SOL ‘Memecoin Fiesta’ Over?
Solana (SOL) recently lost its key support zone amid the controversial Libra (LIBRA) token launch and crash. The cryptocurrency has dropped over 12% in the last three days and some analysts suggest it risks a deeper correction to monthly lows. LIBRA Token Crashes Solana’s Party The Solana network has been the talk of the town…
Ethereum Price Faces Renewed Pressure—Is a Breakdown Imminent?
Ethereum price is moving lower from the $2,800 zone. ETH might gain bearish momentum if it dips below the $2,650 support zone. Ethereum started a fresh decline below the $2,720 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support…