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
In the last fortnight, Ethereum’s price has exhibited a downward trajectory, raising concerns about the potential for an extended correction. However, data from a recent on-chain analysis indicate that the long-term bullish case for Ethereum remains quite strong. In a recent post, crypto analyst emphasises a convergence of on-chain signals indicating robust confidence among Ethereum … 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 stayed supported above the $2,080 level, mirroring Bitcoin’s performance. ETH price established a solid base and initiated a recovery wave, breaking through the $2,100 resistance level. The price has exceeded the 50% Fibonacci retracement level of the downward movement from the $2,197 swing high to the $2,075 swing low. However, the bears are … Read more
Ethereum price maintained its position above the $2,065 support zone, reflecting Bitcoin’s performance. ETH price has formed a strong foundation and kicked off a recovery wave, successfully surpassing the $2,080 resistance threshold. The price has surpassed the 50% Fibonacci retracement level of the downward movement from the $2,198 swing high to the $2,075 swing low. … 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 slipped below the $2,150 mark as a combination of selling pressure and market uncertainty has wiped out the recovery that was gaining momentum since the lows in February. The decline is sharp — it resembles a market encountering supply that was strategically placed and poised for action. Data has pinpointed the source of … Read more
Bitcoin’s price breakout efforts faced several obstacles at the $82,000 mark over the past week, a situation that can be partially attributed to the latest happenings regarding US ETFs. The spot Ethereum ETFs faced a challenging day, enduring a continuous streak of losses without a single day in the green. Last week, which concluded on … 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