Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup
The Ethereum price made a swift and strong comeback at the beginning of the year’s second quarter, having struggled in the first few months of 2025. While the “king of altcoins” is in a much better place than it was a few months ago, ETH has not particularly impressed in the last few weeks. The […]
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Key Highlights. Ethereum price is still in the middle of a correction from its previous selloff, but technical signals are indicating that the downtrend is set to resume soon. A bearish divergence can be seen, as the pair formed lower highs while stochastic made slightly higher highs. Ethereum price could fall from the current resistance levels back down to the previous lows at 0.00190BTC if selling pressure picks up. Impulse wave to resume. A higher pullback to the 0.00240BTC area near the 100 SMA and the previous support might still be possible if the correction wave isn't over. However,....
Ethereum price recovered a few points, but found sellers once again. ETH/USD is now below $12.00, which is a bearish sign. Key Highlights. Ethereum price continued to trade down against the US Dollar and remained in a downtrend. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is acting as a downside mover for the price. The price remained under a lot of pressure, which poses a threat of more losses in the short term. Ethereum Price Downtrend. There was no relief for the ETH buyers, as Ethereum price remained in a downtrend versus the US....
The Ethereum price is back in the spotlight as market analysts and ETH’s own founder, Vitalik Buterin, outline bold predictions for the asset. While experts forecast that Ethereum could surge to $33,000, Buterin draws parallels between the cryptocurrency’s future role in finance and Google’s dominance in search. As a result, the ETH founder has suggested that low-risk Decentralized Finance (DeFi) may become Ethereum’s breakthrough “Google Moment.” Ethereum Price Projected To Soar To $33,000 A recent chart analysis by prominent market expert Egrag Crypto paints an optimistic picture for....
Ethereum classic price may remain in a downtrend against the Bitcoin, as even the higher time frame charts are turning bearish at the moment. Key Highlights. Ethereum classic price remained under a lot of bearish pressure against the Bitcoin during the past few weeks. Looking at the 4-hours chart of ETC/BTC (data feed via Simplefx), the pair is under heavy selling pressure, and may extend its downside move. As mentioned yesterday, there is even a chance of a move towards the 0.00100BTC support. Ethereum Classic Price Decline. ETC price was bearish throughout this week against the US dollar....
Ethereum remains in a bearish zone below $1,200 against the US Dollar. ETH could continue to move down unless it surges past the $1,280 resistance. Ethereum remains in a downtrend below the $1,200 and $1,280 levels. The price is now trading below $1,250 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,245 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its decline below the $1,120 and $1,100 levels in the near term. Ethereum Price Faces Hurdles Ethereum settled well below the $1,500 support zone. The....