Ethereum Faces ‘Hyperinflation Hellscape’—Analyst Reveals Key On-Chain Insights
Ethereum (ETH) continues to underperform in the broader cryptocurrency market, currently trading just below $1,800 after falling 4% in the past 24 hours. Despite a strong start to the year, where the crypto market experienced bullish momentum, ETH has failed to sustain its upward trajectory. Since slipping below the $3,000 level, the asset has largely…
Ethereum Pain Is Far From Over: Why A Massive Drop To $1,400 Could Rock The Underperformer
Crypto analyst Klejdi has indicated that Ethereum’s pain is far from over, with the second-largest crypto by market cap set to suffer a further downtrend. Specifically, he warned that ETH could still drop to as low as $1,400 before it finds a bottom. Ethereum May Still Drop To As Low As $1,400 In a TradingView…
Ethereum MVRV Ratio Nears 160-Day MA Crossover – Accumulation Trend Ahead?
Ethereum is once again under heavy selling pressure after losing the critical $2,000 level — a psychological and technical zone that bulls have struggled to defend in recent weeks. With price action turning increasingly bearish, investor sentiment is weakening, and analysts are warning that a deeper correction may be on the horizon. As Ethereum slides…
Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone – Details
Ethereum is facing mounting pressure after weeks of relentless selling and underwhelming price action. Since January, bulls have failed to regain control, and ETH has continued to bleed value in a market increasingly dominated by fear and uncertainty. With no clear signs of a reversal, the coming weeks could bring more pain for investors holding…
Ethereum Breakdown: Analyst Eyes $1,200 Price Target
Following a period of intense price consolidation, the Ethereum (ETH) market experienced an eventful trading week that featured a damning rejection at the $2,100 price level which has emerged as a major resistance zone in recent times. Following this bearish development, analysts continue to speculate on the future of crypto’s largest altcoin. Ethereum’s $2,100 Rejection…
Ethereum Bulls Disappointed As Recovery Attempt Fails At $2,160 Resistance
Ethereum’s attempt to regain bullish momentum has hit a roadblock, as the price failed to break through the crucial $2,160 resistance level. After showing signs of recovery, ETH faced strong selling pressure at this key level, preventing a sustained breakout and disappointing bullish traders who were hoping for further upside. Its inability to push past…
Ethereum Price Hits 300-Week MA For The Second Time Ever, Here’s What Happened In 2022
Ethereum has once again fallen below the $2,000 mark, a psychological level it had briefly reclaimed earlier this week. The market-wide correction over the past 24 hours has weighed on Ethereum’s recovery momentum, and the leading altcoin has seen a dip in sentiment that could lead to a deeper decline or a sharp mid-term rebound. …
Ethereum Forms Complex iH&S Structure, Why $18,000 Is The Possible Target
Ethereum (ETH) is showing signs of a bullish breakout, forming a complex Inverse Head and Shoulder (iH&S) pattern on the weekly timeframe. This key technical formation suggests that the Ethereum price is on track for a massive rally toward a bullish target of $18,000. Ethereum Forms Inverse Head & Shoulder Pattern The Ethereum price has…
Q2 Outlook For Ethereum: Can ETH Overcome Its Disappointing Q1 Performance?
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced one of its most challenging starts to the year, recording its second-worst performance in the first quarter of its history. As of now, ETH is trading just above the crucial support level of $2,000, reflecting a year-to-date decline of 43%. This stark contrast is particularly…
Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?
Ethereum has experienced a much-needed surge above the $2,000 level, a key psychological and technical mark that bulls have struggled to reclaim since March 10. This breakout sparked optimism in the market, but the momentum was short-lived, as ETH quickly pulled back below the level and was unable to confirm a solid hold. Analysts widely…