Ethereum Outflows Surge As $12.8 Million Leaves Kraken, Here’s Why A Break Above $3,000 Could Be Just Hours Away

Ethereum Outflows Surge As $12.8 Million Leaves Kraken, Here’s Why A Break Above $3,000 Could Be Just Hours Away

Ethereum (ETH) is making headlines again as a sudden $12.8 million outflow from Kraken sparks renewed speculation of a bullish breakout. On-chain data shows rising accumulation, hinting that a move above the $3,000 mark might be closer than expected. While Ethereum (ETH) draws the spotlight, savvy investors are quietly positioning themselves for one of its […] The post Ethereum Outflows Surge As $12.8 Million Leaves Kraken, Here’s Why A Break Ab…

Ethereum Approaches Key Resistance at $2,720 Amid Ascending Triangle Formation

ETH consolidates in an ascending triangle, facing strong resistance at $2,720. A breakout above $2,720 may trigger a move toward the $3,000–$3,600 range. Failure to hold the ascending support trendline could invalidate the bullish outlook Ethereum (ETH) has entered a consolidation pattern below a significant resistance point, followed by a visible bullish signal on the 12-hour chart. According to analysts, the market is forming an ascending tria…

Ethereum Price Nears Key Breakout as Volume Drops – Is a Trend Shift Coming?

Ethereum (ETH) is currently trading around $2,690, confined within a narrow ascending channel thats been forming over the past few weeks. While the steady climb appears bullish on the surface, weakening momentum raises concerns about a potential bull trap. The resistance zone near $2,850 and support around $2,500 are now critical levels to watch. Although ETH has gradually moved higher, trading volume has been declining over the past week. This …