Market Pressures Drive Ethereum Below Critical Support Levels

Falls Below $1,600 After Hitting Recent Peak of $1,690 – #CryptoUpdatesGNIT

TLDR Ethereum (ETH) reached $1,690 before dropping below $1,600, trading at $1,577 as of April 16 ETH faces resistance at $1,590 with possible targets at $1,640 and $1,650 if buyers push through Technical analysts warn ETH could potentially drop below $1,000 if support fails Despite price challenges, Ethereum generated over $1 billion in DApp fee revenue in Q1 2025 Vitalik Buterin is prioritizing privacy development amid market volatility Ethere…

Ethereum Classic (ETC) Struggles To Stay Afloat While $8 Downside Target Looms

Ethereum Classic (ETC) is trading at $15.03, down over 3% in the past 24 hours, as it hovers just above a critical support level at $14.30 A breakdown below $14.30 could trigger a sharp decline toward $8, reflecting increased bearish momentum Ongoing geopolitical tensions, including a 245% U.S. tariff on Chinese imports, are contributing to crypto market volatility Ethereum Classic (ETC) is navigating through turbulent waters as its price faces …

Ethereum Drops — Is The Worst Over Or Just Beginning?

Ethereum price turned downward again from the $1,690 zone. ETH is currently stabilising and could drop more below the $1,580 support zone.  Main Takeaways:- Ethereum’s price turned downward again after it was unable to surpass $1,700 and $1,720. At present, the price is trading under $1,620 and the 100-hourly Regular Moving Average. The price of ETH went below a new upward trend line that had support around $1,625 on the hourly chart of ETH/USD…

Ethereum Price Falls Below $1,620 - Is $1,450 the Next Stop?

The Ethereum price segment has entered a new consolidation phase after facing resistance near the $1,700 level. The value of ETH fell below $1,620 before stabilizing at resistance within the $1,580 support area. Market participants closely analyze bearish trends while anticipating increased trading fluctuations according to short-term market signals. Different market participants view this price movement as either a temporary downtrend or a new …

Market Pressures Drive Ethereum Below Critical Support Levels

The price drop of Ethereum raises concerns among traders. Legal changes strain investor confidence in DeFi projects. Continue Reading: Market Pressures Drive Ethereum Below Critical Support Levels The post Market Pressures Drive Ethereum Below Critical Support Levels appeared first on COINTURK NEWS...

Ethereum Dips Below $1,620 — Correction Or Golden Buying Opportunity?

Ethereum (ETH) is back under pressure, with the price once again dipping below key resistance zones. After failing to break the $1,700 barrier, the second-largest cryptocurrency by market cap is now consolidating under $1,620, signaling uncertainty among traders. According to live data from Kraken, Ethereum began a downward move from the $1,690 zone, unable to […]