Ethereum Settles Below $3K: Bearish Sentiment Points to Deeper Decline
Ethereum price remained in a bearish zone below $3,150 zone. ETH is again moving lower and the bears could aim for a drop below $2,800. Ethereum started a fresh decline below the $3,000 and $2,950 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but upsides might be limited above the $3,000 zone. Ethereum Price Remains At Risk of More Downsides Ethereum price failed to start a recovery wave above the....
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Ethereum struggled to gain pace above the $2,000 resistance against the US Dollar. ETH is declining, but it is still above the key $1,920 support zone. Ethereum is showing a few bearish signs below the $2,000 barrier. The price is now trading below $2,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,970 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if there is a clear move below the $1,920 support zone. Ethereum Price Settles Below $2K Ethereum climbed above the $1,950 resistance and....
Ethereum price trimmed all gains and revisited $1,580 against the US dollar. ETH could continue to move down if it settles below the $1,600 support. Ethereum started a fresh decline below the $1,650 support. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,645 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,650 and $1,665 resistance levels. Ethereum Price Revisits Support Ethereum’s price failed to stay above the $1,665 level and....
Ethereum (ETH) has been a cornerstone of the crypto market for years, powering decentralized applications (dApps) and smart contracts. However, recent market sentiment around Ethereum (ETH) remains bearish, despite a slow recovery. With investors seeking new opportunities for profit, many are turning to Mpeppe (MPEPE), a rising star in the meme coin world. In this […]
Ethereum open interest (OI) had seen a meteoric rise in the weeks leading up to the Ethereum Merge. Even after the Merge, the open interest has not declined, given all of the new interest from institutional investors following the network’s move to a proof of work mechanism. This time around, the Ethereum open interest has hit another important high point, which points to a possible rally in the price of ETH. Open Interest Reaches $7.7 Billion Ethereum open interest still remains high despite ETH’s decline to the low $1,000s back in September. Data shows that the open interest in ETH has....
Ethereum failed to surpass the main $580 resistance against the US Dollar. ETH price is declining and it is showing bearish signs below the $560 and $550 levels. Ethereum topped near the $577 level and started a fresh decline below $565. The price is showing bearish signs below the $550 zone and the 100 hourly […]