Ethereum has broken above important descending trendlines on both daily and 6-hour charts, signaling a potential bullish breakout. Analysts highlight $2,460 and $2,650 as key price targets if Ethereum maintains above these trendlines. The breakout is significant because ETH had previously failed to surpass this resistance, and holding above it could confirm short-term buyer control. However, Ethereum must clear further resistance between $2,617 and $2,957 to sustain upward momentum, with a stronger move possibly targeting $3,228. Failure to hold above the trendline could lead to a price pullback toward support zones around $1,600 to $1,821 or $2,220 to $2,260. Currently, Ethereum is at a critical decision point that will determine if the bullish trend continues or weakens.
The Japanese yen has fallen to historic lows, raising concerns that the Bank of Japan may tighten fiscal policy to protect its currency. Bitfinex analysts highlight the yen carry trade—a strategy where investors borrow cheaply in yen to invest in ris...
Ethereum (ETH) has risen 25% in 24 hours, retesting the key $1,800 resistance level. Despite this, trading volumes remain low and interest in ETH futures is declining, signaling cautious market sentiment. If ETH breaks above $1,800, it would confirm ...
Ethereum is showing signs of forming a tactical bottom above its June lows, with key support at $1690-$1700 and a critical resistance at $1800. If it decisively holds above $1800, the price could target the 200-day moving average near $2100, implying...
Bitcoin price surged above $64,000, approaching the key $65,000 resistance after U.S. President Donald Trump indicated Iran had reached out for possible talks, easing geopolitical tensions. This lifted risk appetite across markets, with Bitcoin futur...
BlackRock transferred 8,700 Ethereum tokens valued at nearly $15.81 million to Coinbase Prime, coinciding with outflows from its Ethereum ETF wallets. This move follows previous large transfers of Bitcoin and Ethereum to Coinbase by BlackRock and ref...
