US EditionEthereum Breaks Massive Downtrend Price Structure – Momentum Shift? - Overpasses For America
- Ethereum ended its prolonged downward movement that began in December 2024, trading near $1,800 as early signs of bullish momentum emerge.
- This breakout follows months of selling pressure and is supported by improving market structure and increasing institutional adoption of Ethereum's blockchain.
- Key support levels near $1,700 and dynamic moving averages have held, while resistance around $1,900 to $2,000 remains a critical hurdle for bulls.
- Analysts highlight growing short-term holder activity, a rising taker buy-sell ratio at 1.08, and seasonal strength in May as positive signals for a potential rally.
- If momentum sustains, Ethereum could reclaim previous highs near $2,000 and possibly reach $2,500, indicating a possible shift toward a prolonged uptrend.
13 Articles
13 Articles
Ethereum Breaks Massive Downtrend Price Structure – Momentum Shift? - Overpasses For America
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NewsBTCEthereum Breaks Massive Downtrend Price Structure – Momentum Shift?
After enduring months of aggressive selling pressure, Ethereum is finally showing signs of life. As bullish momentum slowly builds, hopes for a recovery rally are beginning to resurface. While ETH continues to trade below the key $2,000 mark, bulls are actively defending critical demand zones in an effort to reclaim lost ground and reestablish a... The post Ethereum Breaks Massive Downtrend Price Structure – Momentum Shift? appeared first on Dai…
ETH Trading At $1,806: Z-Score Data Suggests Potential Rebound Zone - Data Intelligence
Statistics show that the Ethereum MVRV Z-Score currently indicates undervaluation which historically leads to future price increases. The trading value of ETH stands at $1,806.40 which sits near two support marks of $1,787.46 and shows resistance at $1,839.29. The industrial Z-Score patterns indicate Ethereum maintains an accumulation trend during market uncertainties. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, i…
Whales Turn Bullish on Ethereum Ahead of Pectra Upgrade- Will ETH Price Hit $2200?
The post Whales Turn Bullish on Ethereum Ahead of Pectra Upgrade—Will ETH Price Hit $2200? appeared first on Coinpedia Fintech News Ethereum’s Pectra is scheduled to go live in a few days from now, which is believed to be one of the largest ones. The main aim of the upgrade is to improve the transaction speed on the network and enhance the scalability and validator’s operations. Many expect a rise in the volatility around the upgrade that may ul…
Ethereum Might Break $2,200 Price Predicted
Ethereum Eyes $2,200 Breakout Following Recovery from $1,550 Support Ethereum (ETH) is exhibiting initial signs of renewed strength, having mounted a recovery from lows established near the $1,550 mark. Market participants are now keenly observing whether the digital asset can decisively breach and sustain levels above the pivotal $2,200 threshold, an action considered necessary to solidify a stronger bullish outlook and fuel a more substantial …
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