Ethereum Just Closed Beneath These Critical Levels; Here’s What May Come Next
Ethereum’s price action throughout the past few days and weeks has been rather lackluster The cryptocurrency has been underperforming Bitcoin and even some of its altcoin counterparts This trend is shifting slightly today, as the entire crypto market is starting to move higher One analyst is noting that ETH is bearish from a purely technical standpoint, as it is currently trading below multiple key technical levels Yesterday, it closed beneath both its 50 and 100-day […]
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With the growing bullish sentiment across the general crypto market, Ethereum is now seeing a renewed uptrend, pushing the digital asset to break above the key $2,600 resistance level. Beneath the ongoing positive price performance, a crypto analyst has underlined the potential for ETH to witness a robust rally in the upcoming weeks. Wild Surge […]
Ethereum has been struggling below the $2,800 mark since last Thursday, leaving bulls in trouble as the price continues to trade beneath key supply levels. This bearish price action has shaken investor confidence, especially among those who anticipated 2025 would be a bullish year for Ethereum. Last week’s massive selling pressure further compounded fears, with […]
Like most altcoins, Ethereum (ETH) has seen its price succumb to the negative market sentiment in recent weeks. This unfavorable market condition has consistently caused the second-largest cryptocurrency to trade beneath the $1,700 level. Could Ethereum Price Fall To $1,200? In an X post dated Wednesday, September 6, crypto analyst Ali Martinez offered insight on the price of Ethereum. The analyst shared that the value of ETH faces a potential significant correction to $1,200 if it stays below $1,680. Source: IntoTheBlock/ali_charts Using data from the blockchain analytics platform....
Ethereum is gaining momentum above $2,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards the $2,400 and $2,500 levels. Ethereum is gaining pace above the $2,200 and $2,250 resistance levels. The price is now trading well above $2,250 and the 100 hourly simple moving average. […]
Ethereum is once again trading at critical demand levels, testing the lower boundary of a six-week range that began forming in early May. After briefly climbing toward $2,800 earlier this month, ETH has retraced back to the $2,400 zone, reigniting debate about whether this is a healthy consolidation or a sign of further downside to come. Despite the pressure, Ethereum has not broken below this range, signaling that buyers continue to step in at these levels. Related Reading: Solana Analyst Sees $123 And $116 As Mid-Zone Support Levels – Here’s Why This extended consolidation period....