Ethereum: Overbought and Overcrowded, Is ETH Due for a Cooldown?
8 Articles
8 Articles
Ethereum Price Prediction: $4,000 This Week Likely After 25% Weekly Gain
Ethereum price has extended its upside, registering gains for the ninth consecutive day and trading at $3,842 and up by 2.2% at the time of writing. The day also saw the coin hit year-to-ate highs of $3,876, underlining the bullish hold of the momentum. However, its RSI is at 88, denoting overbought conditions, which could limit gains in the coming days. ETH has outperformed market leader Bitcoin in the last week, gaining 26% against BTC’s 1.75%…
Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead
Michaël van de Poppe predicts ETH correction before breaking $4,000 resistance. Historical patterns show a 25% pullback following an 80% rally in 30 days. Ethereum has posted 56.7% monthly gains while outperforming Bitcoin in Q3 trading. Cryptocurrency analyst Michaël van de Poppe has warned that Ethereum faces crucial resistance around $4,000 that has held for several years, predicting a correction before any decisive breakout occurs. His analy…
Ethereum Price Analysis: ETH Targets $4K Following 25% Weekly Gains
ETH continues its strong upward momentum, pushing deep into multi-month resistance zones. After breaking out of a prolonged consolidation range, the market has flipped key levels into support, with price now hovering just around $3,800. Momentum remains bullish, but short-term exhaustion signs are beginning to surface as the rally stretches higher without significant retracements. Technical Analysis By Shayan The Daily Chart Ethereum has pushed …
ETH/USD Rate Surges Over 50% Since Early July
Back in May, we reported that the Ethereum network had successfully undergone a major upgrade named Pectra, which triggered a surge in demand for Ethereum and a confident upward movement in the ETH/USD rate (indicated by the arrow on the chart).At the time, we also suggested that the $1,800 to $2,300 range could be considered a broad bullish Fair Value Gap, meaning it could act as a support zone for ETH/USD in the event of a pullback.Indeed, the…
Ethereum Rally Accelerates: ETH Targets $3,714 as BTC Pair Breakout and RSI Spike Signal Strength
Ethereum’s price surged by 4.1% in 24 hours, nearing resistance at $3,714.89. ETH/BTC pair broke out of a consolidation pattern, now trading at 0.03140 BTC. RSI reached 73.31, while MACD remains bullish, indicating continued upward strength. Ethereum showed a strong upward movement in the last 24 hours, recording a 4.1% price increase to trade at $3,703.90. The market rally pushed the token close to a resistance level at $3,714.89. In the same p…
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