Ethereum Stays Within Symmetrical Pattern – Analyst Sets ETH Target
Ethereum (ETH) is currently trading around $3,400, showing signs of indecision as it fails to establish strong support above this critical level. Recent price action reflects a lack of conviction among traders, leaving the market in a state of flux. Despite this uncertainty, Ethereum has managed to hold above key support zones that could act as a launchpad for a potential rally to new highs. Related Reading: Metrics Reveal Cardano Whale Accumulation – Is ADA Poised For A Rally? Top crypto analyst Carl Runefelt recently provided technical insights into Ethereum’s price movement, noting that....
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A crypto analyst, known as ‘CryptoSanders9563’, disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin, is expected to trigger a price surge to a new target above $0.375. Symmetrical Triangle To Drive Dogecoin Price Above $0.37 CryptoSanders has shared a Dogecoin price chart, showing a symmetrical triangle pattern formed by converging trendlines. According to the TradingView analyst, Dogecoin’s price broke above the symmetrical triangle’s upper trendline at....
The downside outlook appears as Ethereum billionaire addresses continue accumulating ETH supply. Ethereum's native token, Ether (ETH), will likely fall below $2,000, according to one popular market analyst.Ether paints a classic bearish continuation setupPseudonymous market analyst Wolf shared the downside outlook on March 7 as Ether's price rebounded by over 3% to nearly $2,650, a day after testing its upward sloping trendline near $2,500. Ignoring the intraday upside reversal, Wolf anticipated Ether's decline to continue further.ETH/USD daily price chart. Source: TradingViewAt the core....
With the new year approaching, some analysts forecasted a “very bullish” 2025 for Altcoins. The sector is expected to explode soon and kickstart the long-awaited “Altseason” after retesting a key support level. Related Reading: Ethereum Stays Within Symmetrical Pattern – Analyst Sets ETH Target Altcoins Retest Key Support Level Amid the recent market’s performance, many Altcoins have struggled to record significant gains. However, several market watchers forecasted the start of the altcoin will come as soon as January 2025. Fueled by the post-US election pump, the total crypto market....
COIN stock can rally to $160 by the end of the year, a mix of technical and fundamental indicators suggest. Coinbase stock (COIN) price has nearly doubled since its June lows with a potential for much more upside this year, according to a mix of technical and fundamental indicators.COIN's symmetrical triangle reversalCOIN has been undergoing a strong bullish reversal after falling by almost 90% from its record high of $368.90 in November 2021.Coinbase stock price was up over 95% to $75.27 as of July 20's close when measured from its May 12 local bottom of $40.83. Its recovery led to a....
A crypto analyst has predicted a massive bull rally for doggy-themed cryptocurrency, Shiba Inu (SHIB). The analyst points to a new technical pattern emerging for SHIB, indicating the potential for a surge to new highs. SHIB Sets Sights For Next Upside Target A crypto and Bitcoin analyst identified as ‘Clifton Fx’ on X (formerly Twitter) […]