Ethereum Forecast: Lack Of Conviction Keeps ETH Trapped Below $4K - Coin Surges
3 Articles
3 Articles
Why can’t Ethereum hold $4K? ETH recovery in doubt as data leans bearish – DG Verifications & Stats
Ethereum price wobbled as weak onchain activity and low futures demand supported a potential ETH price drop to $3,500. Altcoin Watch Key takeaways: Ether consolidated around $4,000 as the lack of futures demand and weak ETF flows suggest the absence of bullishness. Declining Ethereum network fees and activity suggest lower onchain demand. Analysts warn of a drop to $3,500 if the support at $4,000 is not reclaimed shortly. Ether (ETH) has os…
Ethereum Forecast: Lack Of Conviction Keeps ETH Trapped Below $4K - Coin Surges
Ethereum price started a downside correction below $4,120. ETH is moving lower below $4,000 and might decline further if it trades below $3,880. Ethereum started a downside correction below $4,050 and $4,000. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it t…
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