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ETH dips 6% as analyst says further pain awaits

Summary by Bitcoin Ethereum News

The post ETH dips 6% as analyst says further pain awaits appeared on BitcoinEthereumNews.com. Ethereum (ETH) price has dropped below $2k, and could plummet further amid Bitcoin declines. One analyst says a retest of $1,750 is possible. Analysts also wonder if the Pectra upgrade will prove a catalyst or just another milestone. Ethereum is down 6% in the past 24 hours, trading to near $1,900 after another rejection from a key resistance level. Wit…

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Ethereum Bulls Disappointed As Recovery Attempt Fails At $2,160 Resistance

Ethereum’s attempt to regain bullish momentum has hit a roadblock, as the price failed to break through the crucial $2,160 resistance level. After showing signs of recovery, ETH faced strong selling pressure at this key level, preventing a sustained breakout and disappointing bullish traders who were hoping for further upside. Its inability to push past... The post Ethereum Bulls Disappointed As Recovery Attempt Fails At $2,160 Resistance appear…

3 days ago

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TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

Ethereum (ETH) Faces Heavy Selling Pressure: Is $1,500 the Next Stop?

Ethereum (ETH) fell to a weekly low of $1,834, marking a 7% decline and approaching its yearly low of $1,760. ETH formed a bearish flag pattern, with MACD and PPO indicating weak momentum and high selling pressure. After an eventful week, the crypto market is experiencing high volatility today, with Bitcoin (BTC) dropping to $82K once again during Asian trading hours. Ethereum (ETH) is also facing significant price swings, falling below $2K and …

3 days ago

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Tron Weekly Journal

Ethereum's Price Drop Puts $238M In ETH At Risk Of Liquidation: Report

Two large Ethereum whales on Maker risk of liquidation as 125,603 ETH, valued at $238M is at stake. Ethereum’s health rate drops to $1.07, putting whales’ positions close to liquidation at $1,805 and $1,787. Liquidation of these large ETH positions could spark market volatility, with traders awaiting potential moves. Ethereum’s (ETH) price trend is currently bearish applied force amounting to issue concerns among two large-figure whales that inv…

4 days ago

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AMBCrypto

Ethereum retail sentiment hits rock bottom – Is a breakout rally brewing?

ChatGPT said:"The U.S. government sells $1.77M in ETH, adding selling pressure as traders brace for potential losses. Is a deeper drop ahead?

4 days ago

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u.today

Ethereum Crashes 74% Against Bitcoin; Is Reversal Imminent?

Ethereum's performance against Bitcoin has steadily declined

4 days ago

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thefinancialanalyst.net

Ethereum Faces Critical Test as $1,900 Support Wavers

Ethereum’s recent struggle to maintain its position above the $2,000 mark has reignited concerns about a potential deeper correction in the market. Since March 19, Ethereum has managed to hover above the $1,930 level, but recent selling pressure has pushed it dangerously close to breaking below the $1,900 support. This weakness has fueled bearish speculation, with traders and analysts questioning… Source

4 days ago

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