Ethereum Reclaims $2,200, But Analyst Says It’s Not Time To Celebrate Yet – H...
While Ethereum (ETH) retests a key level for the first time this month, some market watchers have advised caution, warning that the start of a new bull run may not be here yet. Related Reading: XRP Leads Crypto Funds $224M Rebound With Largest Weekly Inflows Since December No Ethereum Party Until This happens After jumping nearly 10%, Ethereum is attempting to reclaim a crucial area that has served as a major resistance zone since the early February crash. Over the past two months, the King of Altcoins has been trading sideways, hovering between the $1,800-$2,200 levels. As the altcoin....
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Ethereum is showing notable relative strength as it reclaims the $3,150 level and attempts to push higher, signaling early signs of recovery after weeks dominated by heavy selling pressure, fear, and uncertainty. The broader market rebound has helped restore confidence, but ETH’s ability to outperform key altcoins highlights growing demand and improved sentiment around the […]
Phemex & Banxa: Partners That Pack a Punch With Russia Day around the corner, crypto exchange Phemex and global fiat payment partner Banxa are looking to give crypto purchases a new way to celebrate. The global holiday that has been a long-time celebration for citizens of the Russian Federation is on June 12th. To celebrate, […]
Amid the recent market recovery, Solana (SOL) has jumped roughly 10% from last week’s lows, reclaiming the $82 level and retesting a major resistance. However, some market observers have warned that the rally could be short-lived if the cryptocurrency doesn’t turn a key level into support in the coming days. Related Reading: Ethereum Reclaims $2,200, But Analyst Says It’s Not Time To Celebrate Yet – Here’s Why Solana Price In ‘Consolidation Trap’ On Thursday, Solana surged 2.5% to try to reclaim the $84 area after losing this area on Wednesday night. The altcoin has been trading between....
Despite XRP’s continued decline and its struggle to regain the $2 level, one analyst believes the asset is approaching a decisive technical zone that could determine the next rally. A chart breakdown from crypto analyst Egrag Crypto shows that if XRP reclaims key levels above the 200-week EMA, it could strengthen momentum and open the […]
Ethereum is trading above $1,700 after a volatile few weeks, with bulls now trying to reclaim higher levels and flip resistance into support. Despite lingering macroeconomic tensions and the ongoing trade standoff between the US and China, markets are beginning to price in optimism as investors anticipate progress in negotiations. This renewed sentiment has lifted risk assets like ETH, which is showing early signs of a potential breakout. Related Reading: Bitcoin Reclaims Key Levels – New ATHs May Be Closer Than Expected Analysts are closely watching Ethereum’s current price action, which....