After hitting a new local high and crossing the $2,739 mark, Ethereum is once again gaining ground and hitting prices not seen since late February. After suffering severe pressure early this year, the surge represents ETH’s robust return. As the larger cryptocurrency market awakens and cash pours back to altcoins, bulls now seem to be … Read more
Ethereum Prepares For $2,850 Rally, But Analysts Warn Of Potential Dip To These Levels. Amid its recent breakout, Ethereum (ETH) has recovered a crucial Range lost in Q1, preparing to surge to the mid-zone of this area. However, various analysts forecast potential volatility for the King of Altcoins, as it faces some resistance at the … Read more
As Ethereum continues to gradually convert key resistance levels into support, some analysts suggest that the leading altcoin may be approaching a critical juncture regarding the possibility of achieving a new all-time high in this cycle. Analyst Indicates New ATH May Not Materialize This Cycle. In the preceding week, Ethereum has made efforts to regain … Read more
Although Ethereum is currently trading above $1,800, it is still having trouble rising to higher heights. Following a slight rebound in recent weeks, ETH and the larger cryptocurrency market are again confronted with a crucial resistance area that may possibly trigger a breakout rally or result in further consolidation. To confirm renewed momentum, bulls need … Read more
Ethereum is maintaining its position above essential support levels as bulls strive to regain the $1,850 threshold. Price action exhibits a degree of caution, as global trade conflicts and worsening macroeconomic conditions persist in dampening investor sentiment across all markets. The persistent trade tensions between the US and China, alongside lackluster economic indicators, have established … Read more
The price of Ethereum is approaching the $2,700 mark as the Wyckoff accumulation phase appears to be nearing its conclusion. Crypto analyst Incognito forecasts a potential rally in Ethereum’s price, projecting it could reach as high as $2,700 in the near future. This optimistic forecast arises in the context of ETH’s recent lackluster performance, as … Read more
The price of Ethereum has experienced a decline in momentum; however, it continues to uphold a bullish framework above key support levels. The price of Ethereum encountered resistance at the $1,650 level and subsequently experienced a correction in its gains. Ethereum is currently in a phase of consolidation and may seek to breach the $1,620 … Read more
Ethereum has entered a significant buy zone as its price falls below a crucial threshold. Ethereum is navigating a pivotal resistance level as bullish traders strive to regain momentum and aim for a new peak. The broader market continues to face challenges as global uncertainty intensifies, primarily driven by the persistent trade tensions between the United … Read more
The price of Ethereum remains firmly anchored to its support level, with a potential upside breakout that could catalyze a significant rally. Ethereum’s price has begun to rise from the $1,550 level. Ethereum is currently experiencing an upward trend and may seek to break through the $1,650 resistance level. Ethereum has initiated a new upward … Read more
Ethereum’s price has entered a period of stagnation within a narrow trading range, prompting speculation about a potential significant price movement on the horizon. Ethereum is currently navigating pivotal trading levels following an extended period of intense selling activity. Following a decline beneath the pivotal $2,000 threshold, the second-largest cryptocurrency has faced challenges in reestablishing its … Read more