Ether (ETH) has failed to break above the $2,400 resistance level four times, forming a bearish triple top pattern and trading below its 100-day moving average. The $2,150 support level is critical, with over $2.5 billion in leveraged longs at risk of liquidation if the price falls below it, potentially pushing Ether down to the $2,050-$1,900 range. Additionally, Ether shows weakness against Bitcoin, with the ETH/BTC ratio dropping below key support levels, signaling a possible continued downtrend. Market data from Binance indicates a reset in futures leverage and a shorts-heavy setup, suggesting that a breakout or further decline could happen soon depending on price action around $2,150.
Cryptocurrency markets saw a general decline with Bitcoin priced near $64,223, down 0.99%, and Ethereum falling 2.65% to around $1,874. Other major coins like Binance Coin and Solana also dropped slightly. This reflects ongoing market volatility and ...
Ethereum is gaining investor interest, with its price climbing 2.32% to approach $2,000 due to steady capital inflows. The ETH/BTC ratio has broken a 301-day resistance, signaling a rotation of funds from Bitcoin to Ethereum. This momentum is support...
The US Justice Department transferred 54.89 billion Shiba Inu (SHIB) tokens seized from FTX, but their value dropped 85% from $1.55 million to about $235,500 during legal proceedings, meaning the government retained only 15% of the original dollar va...
Ethereum price retreated after a 5% rally driven by U.S. inflation data, as traders took profits near $1,930. Strong support around $1,850 remains intact, keeping the technical outlook positive with $2,000 as the next key target. Market factors like ...
Ethereum (ETH) has gained over 10% in the past week, currently trading around $1,919 with bullish momentum supported by technical indicators like MACD and RSI. The price is approaching resistance near $1,951, with a potential breakout toward $2,000 i...
