Ethereum Price Plunges Under $1,800, Leaving Bulls On The Ropes
Ethereum price started a fresh decline and traded below $1,800. ETH is now consolidating below $1,800 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,840. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,880 zone. Ethereum Price Dives Over 5% Ethereum price failed to remain stable above $1,880 and started a fresh decline, like....
Related News
Ethereum (ETH) is down 20% in the last week and triggering a negative sentiment in the market. Ethereum stalls and fails to make a comeback in the last week ETH flunks at reclaiming $2,000 level Ethereum RSI indicates a bearish stance Additionally, Ethereum also didn’t make it to the $2,000 mark. The bears are trying to yank ETH price down and pin down the bulls. Only the daily chart, there is a formation of a rising wedge pattern indicating that a bearish movement could drag on. The bulls are looking to stave off a decline shooting below the $1,700-$1,800 levels.....
Ethereum has been struggling below the $2,800 mark since last Thursday, leaving bulls in trouble as the price continues to trade beneath key supply levels. This bearish price action has shaken investor confidence, especially among those who anticipated 2025 would be a bullish year for Ethereum. Last week’s massive selling pressure further compounded fears, with […]
Santiment, a blockchain analytics firm, recently shared that Ethereum’s NVT is still “bullish” The NVT is the network value to transaction ratio, which is seen as a price-to-earnings ratio for blockchain networks. Data also shows that investors are accumulating ETH en-masse, with coins leaving exchanges at a rapid clip. Ethereum On-Chain Trends Still Favoring Bulls Ethereum has undergone a strong drop from its weekly highs around $385. The coin fell under $370 on Tuesday morning […]
Ethereum is down over 5% and it broke the key $350 support level against the US Dollar. ETH price is testing the $335 support and it remains at a risk of more losses. Ethereum failed to surpass the main $355 resistance zone, and declined 5%. The price is now trading near the $335 support and […]
Ethereum is down over 5% and it broke the key $350 support level against the US Dollar. ETH price is testing the $335 support and it remains at a risk of more losses. Ethereum failed to surpass the main $355 resistance zone, and declined 5%. The price is now trading near the $335 support and […]