Ethereum Poised for Breakout — Can ETH Finally Clear Crucial Resistance?
Ethereum price started a recovery wave above $3,500. ETH is showing positive signs but faces hurdles near the $3,650 resistance. Ethereum started a decent upward move above $3,420 and $3,500. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,520 on the…
Ethereum Recovers Steadily After Selloff, Traders Watch Resistance Near $3,720
Ethereum price started a recovery wave above $3,350. ETH is showing positive signs but faces hurdles near the $3,720 resistance. Ethereum started a decent upward move above $3,350 and $3,400. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,350…
Crypto Under Pressure: Emerging Data Suggests Potential Bear Market Ahead
Following the crypto market crash on October 10, a bearish sentiment has dominated, with on-chain data indicating a continued decline in digital asset prices. Bitcoin (BTC), for instance, is nearing one of its worst weekly performances of the year, having recorded a 6% drop over the past seven days. The leading cryptocurrency has fallen below…
SharpLink Gaming Wallet Moves Freshly Redeemed Ethereum to OKX – Details
Ethereum has been struggling to reclaim higher levels after losing the $3,100 mark earlier this week, as selling pressure and market-wide uncertainty continue to weigh on price action. Bulls are attempting to defend key support zones, but so far, momentum remains weak and upside recovery efforts have failed to gain traction. Despite this, no clear…
Ethereum Weakens Again, Bulls Unable to Spark Meaningful Recovery
Ethereum price started a fresh decline from $3,480. ETH is struggling to recover and is now at risk of another decline below $3,250. Ethereum started another bearish wave after it settled below $3,450. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance…
Ethereum Bounce Reaches Resistance Cluster, Bulls Need Strong Break
Ethereum price started a fresh decline below $3,500. ETH is attempting to recover from $3,050 but faces resistance near $3,500. Ethereum started another bearish wave after it settled below $3,550. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,410…
Ethereum Tanks 10% — Can Bulls Defend the Next Major Demand Zone?
Ethereum price started a fresh decline below $3,550. ETH is struggling below $3,400 and might decline further if it stays below $3,500. Ethereum started another bearish wave after it failed to clear $3,650. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at…
Altcoin Winter Here? Ethereum, Solana Activity Plunges
On-chain data shows signs of an altcoin winter may be emerging as Ethereum, Solana, and other cryptocurrencies have seen a decline in activity. Altcoins Are Observing A Drop In On-Chain Activity In a new altcoins has been cooling off recently. The on-chain indicator of relevance here is the “Active Addresses,” which measures, as its name…
Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000
An analyst has charted out a “dream scenario” path that Ethereum could follow, based on a technical analysis (TA) pattern in its 3-day price. Parallel Channel Could Chart Out What’s Next For Ethereum In a new Parallel Channel” here refers to a TA pattern that forms whenever an asset’s price trades between two parallel trendlines.…
Ethereum Faces New Wave Of Selling — $3,550 Support In Focus
Ethereum price started a fresh decline below $3,750. ETH is moving lower below $3,700 and might decline further if it trades below $3,550. Ethereum started another bearish wave after it failed to clear $3,880. The price is trading below $3,700 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at…