Ethereum's price dropped below the key $2,000 support level amid weakening on-chain activity and bearish technical signals. Exchange withdrawals hit their lowest since June 2024, indicating slower long-term accumulation, while failed transactions and exchange inflows rose, suggesting network stress and potential selling pressure. Technical indicators like the RSI near oversold levels and price trading below the Bollinger Band midline confirm short-term weakness. Holding support near $1,950–$1,970 is crucial to prevent further declines, but a recovery above $2,169 could signal improving momentum.
Ethereum recently dropped below the $2,000 level after rejecting its 200-week moving average, signaling short-term weakness. However, analysts highlight a long-term bullish setup with a $7,000 target, contingent on Ethereum holding its rising support...
Ether has fallen nearly 59% from its August peak, currently trading around $2,014, with forecasts indicating a 63% chance of further decline to $1,500. Ethereum-linked ETFs have seen $500 million withdrawn over 11 days, signaling investor caution. De...
Ether's price dropped below $2,000 for the first time since March, declining nearly 8% over the past week amid rising risk aversion. Despite the price fall, open interest in ether futures surged to a record 16.39 million tokens, indicating aggressive...
XRP dropped sharply to $1.2723, its lowest since February, following US military strikes on Iranian targets near the Strait of Hormuz. This geopolitical event caused nearly $1 billion in forced liquidations across the crypto market, with XRP losing 3...
Bitcoin has been declared "dead" 472 times since 2011 across various market cycles, yet it has grown over 70 million percent in value. Despite recent weak sentiment and price corrections, Bitcoin remains resilient. Currently, traders are showing incr...
