Ethereum’s Fate Hangs On This Multi-Year Support – Recovery Or Deeper Pullbac...
As the end of the month approaches, Ethereum (ETH) is attempting to end February above the crucial $2,000 barrier. Some analysts have suggested that the upcoming monthly close could determine the fate of the King of Altcoin’s price trajectory. Related Reading: XRP Rally Incoming? Analyst Forecasts March-April Recovery If This Level Breaks Ethereum Trajectory Could Be Defined This Weekend On Thursday, Ethereum briefly fell from its recent highs and retested the $1,980 level before bouncing. Notably, the cryptocurrency surged 11% on Wednesday morning, reaching a ten-day high of $2,148, then....
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Altcoins, after three years of a bear market, are lagging far behind Bitcoin in terms of overall recovery. Ethereum, XRP, and several others are still more than 50% away or more from their all-time highs, while Bitcoin inches closer to revisiting its. Bitcoin is undeniably bullish, but altcoins are currently showing indecision in more ways […]
Ethereum is currently consolidating below the $2,000 mark, trading within a narrow range between $1,800 and $1,900 as market uncertainty persists. Bulls have lost control, and speculation about a potential continuation of the bear trend is growing among analysts and investors. With macroeconomic instability, rising trade war fears, and erratic policy decisions from US President Trump, both crypto and U.S. stock markets remain highly volatile, adding to Ethereum’s struggles. Related Reading: Solana Holds Bullish Pattern – Expert Sets $140 Target To highlight Ethereum’s fragile position, top....
The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon. Emerging Correlations Among Crypto Prices The report points to notable trends observed in April of last year, when a 50% increase followed the launch of several spot Bitcoin exchange-traded funds (ETFs_. Specifically, BlackRock’s IBIT fund which boasts over $85 billion in assets under....
Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. The price action remains indecisive as bulls struggle to reclaim the $2,800 level, a key supply zone that could determine Ethereum’s next move. While the long-term outlook remains uncertain, Ethereum is trading at crucial demand levels, facing continuous selling pressure that has kept price action muted. Related Reading: Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout? Investors are trying to stay calm amid volatility, but fear is spreading as....
According to CRYPTOWZRD in a recent post, both Ethereum and ETH/BTC closed the session on a bearish note but quickly recovered, showcasing ETH’s resilience and renewed buyer confidence. He noted that a move above $4,000 would be a crucial development, potentially marking a key turning point for Ethereum’s momentum. Bearish Daily Close Mirrors Bitcoin’s Market Direction CRYPTOWZRD further explained that Ethereum and ETH/BTC’s daily candle bearish close followed Bitcoin’s lead. Despite the negative close, Ethereum displayed relative strength compared to most other cryptocurrencies,....