Ethereum Price Under Pressure: Struggles Could Signal Rising Risks?
Ethereum price started another decline below the $3,150 zone. ETH is struggling and might decline further below the $3,000 support zone. Ethereum is slowly moving lower below the $3,150 zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,080 on…
Ethereum Consolidation Continues – Charts Signal Potential Breakout
Ethereum (ETH) has consolidated since November 12, when it hit a local high of $4,446. Despite Bitcoin’s impressive rally capturing market attention, Ethereum has struggled to maintain upward momentum and reclaim its yearly highs. The price action reflects a period of indecision, as ETH faces challenges in breaking through significant resistance levels that could reignite…
Ethereum Price Faces Challenges: Will It Find Traction Soon?
Ethereum price struggled to extend gains above the $3,220 resistance zone. ETH is slowly moving lower and approaching the $3,060 support. Ethereum is consolidating and facing hurdles near $3,200. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,070 on the…
Ethereum Price Readies for a Fresh Climb: Will Momentum Build?
Ethereum price started a consolidation phase near the $3,000 zone. ETH is slowly moving higher and might aim for a fresh surge above $3,220. Ethereum is consolidating and facing hurdles near $3,220. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with…
Ethereum Sees $1 Billion Exchange Outflow Alongside Bitcoin: What This Means For Price
Ethereum has witnessed a huge surge in on-chain activity in the past week, with data showing an accumulation trend from crypto exchanges. According to on-chain analytics platfrom IntoTheBlock, about $1 million worth of Ether was withdrawn from crypto exchanges last week. This shift suggests that investors are adopting a holding strategy, even as the Ethereum…
Ethereum Price Confronts Barriers to a New Surge—Can Bulls Prevail?
Ethereum price started a downside correction below the $3,150 zone. ETH is now consolidating near $3,120 and might attempt a fresh increase. Ethereum started a short-term downside correction below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,120…
Ethereum Price Hints at Downside Correction: Will Support Hold?
Ethereum price started a downside correction from the $3,450 zone. ETH is now consolidating and facing hurdles near the $3,250 resistance. Ethereum started a short-term downside correction from the $3,450 zone. The price is trading above $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,240…
Ethereum Price Hits $3,450 Wall: Can It Power Through?
Ethereum price extended its increase above the $3,220 resistance. ETH is now consolidating and facing hurdles near the $3,450 resistance. Ethereum started a fresh increase above the $3,120 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,220 on…
Ethereum’s Positive Funding Rates Push Price Near $4K—Are There Any Downsides?
Ethereum has recently climbed to a major high above $3,400, reigniting enthusiasm among market participants and signaling a potential upward trend that may lead to a push above $4,000 toward a new all-time high. This optimism has been met with major speculation of ETH’s price from the crypto community and analysts, who are observing key…
Solana Market Cap Surpasses $100 Billion, Setting Up SOL For Potential ATH Rally
Solana (SOL) recently saw its market cap surge past $100 billion, setting the stage for a potential all-time high (ATH) rally for its native SOL token. Solana Reclaims $100 Billion Market Cap, Is SOL ATH Imminent? Solana, currently the cryptocurrency with the fourth-largest market cap, recently joined the ranks of Bitcoin (BTC), Ethereum (ETH), and…