Ethereum: Knocking On The Door

Trading Below $1,880 as Bears Maintain Control – #CryptoUpdatesGNIT

TLDR Ethereum currently trading around $1,800 after several days of decline ETH fell from $2,033 to a low of $1,754, breaking below key $1,880 support Potential double-bottom pattern forming with support at $1,762 Whales holding 125,603 ETH ($229M) face liquidation risks at $1,787 and $1,701 Technical indicators suggest bearish momentum in the short term Ethereum has been on a downward trend over the past week, with the price struggling to maint…

Ethereum Price Rebound? $2,300 In Sight With Reversal Pattern

Key Insights: Ethereum breached $1,800 support, creating a 24-hour low at $1,754, signaling potential further correction to $1,500. Ethereum whales face liquidation risk with 125,603 ETH worth $229M, triggering potential acceleration of the downtrend. A double-bottom reversal could occur if Ethereum breaks above local resistance, potentially reaching resistance at $2,300. Ethereum (ETH) price recently dipped below the $1,800 support level. This…

The cryptocurrency market continues to face strong downward pressure, and Ethereum (ETH) is no exception. Even though ETH’s cash-listed funds (ETFs) in the United States have recorded net inflows for the first time in weeks, the price of Ethereum has fallen below the psychological mark of $1,800. This situation generates concern among investors and could indicate greater volatility in the coming days.

Ethereum (ETH) Price: Trading Below $1,880 as Bears Maintain Control

TLDR Ethereum currently trading around $1,800 after several days of decline ETH fell from $2,033 to a low of $1,754, breaking below key $1,880 support Potential double-bottom pattern forming with support at $1,762 Whales holding 125,603 ETH ($229M) face liquidation risks at $1,787 and $1,701 Technical indicators suggest bearish momentum in the short term Ethereum has been on a downward trend over the past week, with the price struggling to main…

Ethereum Wave Analysis - Action Forex

Ethereum: ⬇️ Sell Ethereum reversed from the resistance level 2120.00 Likely to fall to support level 1800.00 Ethereum cryptocurrency recently reversed down from the resistance level 2120.00 (former multi-month support from August and February) standing near the 38.2% Fibonacci correction of the downward impulse from February. The downward reversal from the resistance level 2120.00 stopped […] The post Ethereum Wave Analysis appeared first on Ac…

Ethereum: Knocking On The Door