Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A R...
Ethereum has been struggling below the $2,800 mark for weeks, unable to reclaim it as support and spark a recovery rally. This critical resistance level has kept bulls at bay, leaving the price action stagnant and fueling negative sentiment in the market. Analysts call for a bearish continuation, citing Ethereum’s inability to break through key supply zones. The broader market uncertainty and the persistent selling pressure have only added to concerns, making investors increasingly cautious about Ethereum’s short-term prospects. Related Reading: Cardano Echoes 2020-2021 Pattern – Is A....
Related News
According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal. TD Sequential Flashes Buy Signal At $2.5 As Ali Martinez noted, the TD Sequential has been highly spot on with predicting trends in the price of Dogwifhat for a while now. The TD Sequential indicator consists of two phases: a setup phase, which generates a count from 1 to 9 based on a specific price, and a countdown phase, which....
Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 9.9% over the past week. Recent analyses suggest the digital asset may continue its bullish momentum in the near-term. Ethereum Flashes Golden Cross According to a recent X post by crypto analyst Titan of Crypto, Ethereum has formed a golden cross on the daily chart. A golden cross typically precedes significant price rallies, and the continuation of this bullish price action could push ETH beyond $2,000 soon. Related Reading: Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms – Is A Rebound Incoming?....
Crypto analyst Ali Martinez has highlighted a major indicator for Dogecoin (DOGE), which is flashing a bullish signal. This suggests that now may be the right time to buy the foremost meme coin, with a price rebound looking imminent. TD Indicator Flashes Buy Signal For Dogecoin Martinez revealed in an X (formerly Twitter) post that the TD indicator is flashing a buy signal for Dogecoin. He added that the foremost meme coin is also showing a bullish divergence against the relative strength index (RSI) on the 4-hour chart. The crypto analyst noted how these positive signs suggest that a....
An analyst has explained how a pattern forming in the 3-day Ethereum chart could signal that a decline toward $1,700 may be coming. Ethereum Has Recently Formed A TD Sequential Sell Setup In a new post on X, analyst Ali talked about a sell signal that has taken shape in the ETH 3-day chart. The relevant technical indicator here is the “Tom Demark (TD) Sequential,” which is used to spot reversals in the price of any asset. The metric is made up of two phases; a setup phase and a countdown phase. In the former, candles of the same polarity are counted up to nine following a....
In the last few weeks, the sentiment around Bitcoin has turned around as bulls have pushed it past the $100,000 mark once again. Despite the recent drawdown, the BTC price is still bullish, with the market sentiment sitting in greed. However, a new development on the Bitcoin weekly chart could signal an end to the recent bullishness, just like it did back in 2022. Sell Signal From 2022 Reappears Back in 2022, large sell-offs triggered by the crash of the FTX crypto exchange brought an abrupt end to the Bitcoin bull market and plunged investors into months of despair as prices lagged.....