Ethereum is currently trading near a long-term support zone around $2,300, after pulling back from resistance levels between $3,500 and $4,800. Charts indicate that ETH is in an accumulation phase, with key resistance to reclaim at $2,480 and then the $3,500 to $4,900 range before a confirmed bullish breakout. Long-term targets based on historical patterns and technical analysis suggest potential gains up to $15,385 and even $60,000, but these remain speculative until Ethereum breaks through major resistance levels. The current setup points to a possible recovery phase, with Ethereum potentially preparing for a larger rally cycle if it can defend support and build higher lows.
Ethereum (ETH) surged past the $1,894.89 resistance level, accelerating its recovery toward the $1,940–$1,950 zone after days of consolidation. This breakout was supported by lower-than-expected U.S. inflation data, which boosted risk appetite and bu...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
