Ethereum’s weakness is becoming more apparent as whale positioning shifts. Price has dropped to approximately $1,740, positioning ETH beneath the whale realised price around $1,900. That gap indicates that numerous large holders are currently experiencing unrealised losses instead of profits. The pressure extends further. ETH is currently trading below the Binance listing AVWAP, hovering around … Read more
Ethereum price struggled to hold above $1,840 and initiated a new downward trend, mirroring Bitcoin’s movement. ETH price has fallen below the $1,800 and $1,780 thresholds. The price even dipped below $1,750. A low was established at $1,715, and the price is currently consolidating losses significantly beneath the 23.6% Fibonacci retracement level of the decline … Read more
Ethereum briefly plunged below the $2,000 threshold this week for the first time 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 indicate that the largest holders of ETH are once again in a phase of … Read more
Ethereum price struggled to maintain stability above $2,050 and has initiated a fresh decline, mirroring the movement of Bitcoin. ETH price has fallen below the $2,020 and $2,000 thresholds. The price even dipped below $1,980. A low was established at $1,964, and the price is currently exhibiting numerous bearish indicators. There was a slight recovery … Read more
Ethereum is suffering greatly; at $2,520, it is 21% below its 200-day moving average, and momentum indicators indicate that it is oversold. The harsh reality is that oversold can remain oversold in bear markets, even when the RSI at 29.35 represents the deepest oversold territory since late 2022. Exhausted selling pressure is indicated by 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 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 has maintained support above the $2,220 mark and is attempting to recover, mirroring Bitcoin’s movements. ETH price has laid down a solid foundation and kicked off a recovery wave, breaking through the $2,265 resistance level. The price has surpassed the 50% Fibonacci retracement level of the drop from the $2,382 swing high to … Read more
Ethereum price struggled to maintain its position above the $2,350 level and continued its downward trend, mirroring Bitcoin’s performance. ETH price accelerated towards a decline beneath the $2,320 and $2,300 thresholds. The bears have driven the price beneath the 50% Fib retracement level of the upward movement from the $2,220 swing low to the $2,423 … Read more
Ethereum price initiated a new upward trend and sustained stability above $2,380. ETH is currently experiencing a correction in its gains and may face a decline if it trades below $2,300. Ethereum price successfully maintained its position above the $2,320 support level and initiated a new upward trend, similar to Bitcoin. ETH price accelerated towards … Read more