Ethereum price struggled to maintain stability above $2,040 and has begun a new downward trend, mirroring Bitcoin’s movements. ETH price has fallen beneath the $2,020 and $2,010 thresholds. The price even dipped below $1,985. A low was established at $1,965, and the price has recently made an attempt at a minor recovery wave. There was … Read more
Ethereum experienced a brief dip below the $2,000 mark this week, marking its first descent beneath this level since March 29. While the price has since stabilised and is currently trading near $2,002, it still remains almost 60% below August’s high of nearly $5,000. However, data indicates that the largest whales in the ETH ecosystem … Read more
Ethereum price struggled to maintain its position above the $2,120 level and continued its downward trend, mirroring Bitcoin’s movement. ETH price accelerated towards a decline beneath the $2,110 and $2,100 thresholds. The bears have successfully driven the price beneath the 38.2% Fibonacci retracement level of the upward movement from the $2,000 swing low to the … Read more
A crypto expert has shared her macro prediction for Ethereum, warning of an imminent price crash that could see the second-largest cryptocurrency plummet to as low as $800, or even $400 per coin. While this would signify a significant bearish shift considering ETH’s current valuation, the analyst contends that such a downturn is crucial for … Read more
Ethereum price has stayed supported above the $2,050 level, similar to Bitcoin. ETH price established a solid foundation and initiated a recovery wave, breaking above the $2,065 resistance level. The price has exceeded the 38.2% Fibonacci retracement level of the decline from the $2,197 swing high to the $2,075 swing low. The bulls managed to … Read more
Ethereum has been trading in a sideways pattern lately, prompting traders to wonder why momentum continues to falter despite several attempts at upward movement. An analysis shared by an analyst indicates that the key to understanding the situation is a particular technical level that the asset has consistently struggled to reclaim. The recent price action … Read more
Ethereum’s price struggled to hold above the $2,300 mark and has begun a new downward trend, mirroring Bitcoin’s movements. ETH price has fallen beneath the $2,280 and $2,265 thresholds. The price dipped to trade below $2,250. A low was established at $2,233, and the price is currently consolidating its losses. A slight upward movement was … Read more
Ethereum is currently trading at approximately $2,330, a price point that, when viewed on the monthly chart, is positioned just above a significant long-term accumulation zone. However, recent market dynamics indicate that Ethereum is poised for significantly higher prices than $2,300 this cycle, and this situation extends beyond traders merely anticipating another rotation into ETH. … Read more
Ethereum is witnessing a significant change in derivatives positioning, with a sharp decline in high-leverage long positions throughout the market. The reduction indicates that numerous excessively bullish trades have either been voluntarily closed or compelled out due to recent liquidation events. Crypto investor and data analyst on X highlighted that Ethereum is currently experiencing a … Read more