Ethereum Price Rejected Near $2,400 Again, Sellers Defend Key Barrier
Ethereum price started a downside correction from $2,380. ETH is now showing a few bearish signs and might decline further if it trades below $2,300. Ethereum started a downside correction below the $2,360 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line…
Why Analysts Believe Ethereum Can Reach $15,000 This Cycle
Ethereum is trading just above $2,330, a price that, on the monthly chart, is sitting just above within a long accumulation zone. However, recent market dynamics show that Ethereum is destined for far higher prices than $2,300 this cycle, and this is not only about traders waiting for another rotation into ETH. The outlook is…
Ethereum Large-Holder Activity Drives Short-Term Consolidation, Instability — Details
The opening days in May have been accompanied by a rise in Ethereum on-chain activity. In a recent post on X, a pseudonymous analyst Darkfost dives into the intricacies of this activity and its impact on price. Binance Records Massive Ethereum Inflow According to Darkfost, the resurgence of activity on the Ethereum network corresponds with…
Ethereum Price Tries To Extend Gains, $2,420 Stands In The Way
Ethereum price started a fresh increase above the $2,320 zone. ETH is now consolidating and might struggle to continue higher above the $2,385 resistance. Ethereum started a decent upward move from the $2,265 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support…
Ethereum Sees Sharp Decline In High-Leverage Long Positions — See What Happens Next
Ethereum is experiencing a notable shift in derivatives positioning as high-leverage long positions decline sharply across the market. The reduction suggests that many overly aggressive bullish trades have either been closed voluntarily or forced out through recent liquidation events. Could Ethereum Be Preparing For A Short Squeeze Next? Crypto investor and data analyst known as…
Ethereum Price Extends Decline As $2,220 Support Comes Into Play
Ethereum price started a downside correction below $2,350. ETH is now showing a few bearish signs and might decline further if it trades below $2,265. Ethereum started a downside correction below the $2,365 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance…
Ethereum Price Struggles To Hold Strength, Downside Risks Build
Ethereum price started a fresh increase and remained stable above $2,380. ETH is now correcting gains and might decline if it trades below $2,300. Ethereum started a downside correction from the $2,420 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with…
Ethereum Price On Verge Of Breakout, Can Bulls Seize Control?
Ethereum price started a fresh increase and remained stable above $2,360. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,360 zone. The price is trading above $2,355 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support…
Ethereum Price Coiling Tight, Explosive Move Could Trigger Anytime
Ethereum price started a fresh increase and remained stable above $2,355. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,365 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support…
Ethereum Price Tracks Bitcoin Rally, Targets Crucial Break Higher
Ethereum price started a fresh increase and remained stable above $2,350. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,350 zone. The price is trading above $2,365 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support…