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 price struggled to hold steady above $1,880 and initiated a new downward trend, similar to Bitcoin. ETH price has fallen below the $1,840 and $1,820 thresholds. The price even dipped below $1,800. A low was established at $1,716, and the price is currently consolidating losses significantly beneath the 23.6% Fibonacci retracement level of the … 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 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 significant ethereum holder divested 20,000 ETH, valued at $41.18, in a single transaction, indicating a concentrated surge of sell-side pressure in a market that is already grappling with a lack of clear direction. ETH was trading near the $2,059 level at the time of the transaction, a zone that analysts widely consider the last … 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’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 price struggled to maintain its position above the $2,365 level and continued its downward trend, similar to Bitcoin. ETH price accelerated towards a decline, aiming for levels beneath $2,350 and $2,340. A break occurred below a bullish trend line, with support identified at $2,340 on the hourly chart of ETH/USD. The bears have driven … Read more
