Ethereum Price Faces Downside Risk, Bears Prepare for Fresh Move
Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating above $2,140 and is struggling to clear the $2,200 resistance. Ethereum started a recovery wave above the $2,150 zone. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is a new bearish trend line with forming resistance…
Ethereum (ETH) May Be Reversing Course, Says Top Analyst; Watch These Key Resistances
The market’s second-largest cryptocurrency, Ethereum (ETH), surged nearly 3% on Wednesday, extending a short-term recovery that has brought the altcoin to the key $2,160 level. Market analyst Ali Martinez flagged the move as part of a potentially significant shift in Ethereum’s technical outlook, writing on social media platform X (previously Twitter) that price action is…
Ethereum Rebounds 6%, But Coinbase Demand Remains Weak
Data shows the Ethereum Coinbase Premium Index has stayed inside the negative territory even as the price has climbed back above $2,100. Ethereum Coinbase Premium Index Is Red Right Now As pointed out by Arab Chain in a CryptoQuant Quicktake Coinbase Premium Index has been in the red zone for Ethereum recently. This indicator keeps…
Ethereum Price Trends Higher, Bulls Look to Extend Gains Further
Ethereum price started a recovery wave above the $2,065 zone. ETH is now consolidating above $2,120 and might aim for more gains if it clears the $2,200 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading above $2,140 and the 100-hourly Simple Moving Average. There was a break above a…
Ethereum Breakdown Incoming? RSI Trendline Snaps As Double Confirmation Looms
Ethereum is flashing early warning signs as momentum begins to shift beneath the surface. The RSI trendline break on the USDT pair suggests weakening strength, while the ETH/BTC pair now sits on the edge of following suit. With a familiar breakdown pattern taking shape, the risk of a double confirmation is rising, one that could…
Ethereum Price Rally Meets Resistance, Bears Eye Renewed Downside Move
Ethereum price started a recovery wave from the $2,025 zone. ETH is now consolidating above $2,120 and might struggle to clear the $2,200 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is still a key bearish trend line active with…
Ethereum Price Drops Toward $2,000, Pressure Mounts on Key Support
Ethereum price started a sharp decline below the $2,220 zone. ETH is now consolidating above $2,020 and might aim for a recovery wave if it climbs above $2,110. Ethereum started a sharp decline below the $2,200 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There are two bearish trend lines…
Ethereum Exchange Inflows Signal Shift: Whales Reduce Selling Pressure
Ethereum is trading around the $2,150 level as volatility persists across the broader cryptocurrency market, reflecting a phase of uncertainty following recent price swings. While the asset has managed to stabilize near current levels, momentum remains fragile, with traders closely monitoring whether demand can sustain a recovery or if further downside pressure will emerge. Beyond…
Ethereum Price Drops to $2,100, Shaking Confidence Amid Volatility
Ethereum price started a sharp decline from the $2,385 zone. ETH is now consolidating above $2,100 and might aim for a recovery wave if it climbs above $2,200. Ethereum started a sharp decline below the $2,320 zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There was a break below a…
Ethereum Hits Rare MVRV Zone Linked To Past 130%+ Rallies
Ethereum has slipped into a valuation range that some on-chain analysts associate with major long-term bottoms, after ETH fell below its realized price for the first time in two years. Via X, renowned crypto analyst Ali Martinez argued on Thursday the setup now resembles prior cycle lows. Ethereum Drops Into MVRV Buy Zone In a…