Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup.
Powered by WPeMatico
Auto Added by WPeMatico
Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup.
Powered by WPeMatico
The bullish outlook appears as the ETH price decline stalls near its old Cup and Handle resistance level, now acting as support and thus raising the potential of a strong rebound ahead.
Powered by WPeMatico
The potential price decline would also mark Ethereum’s return to its Ascending Channel support.
Powered by WPeMatico
Many analysts agree that the “dynamic support” could boost accumulation sentiment in the Ethereum market.
Powered by WPeMatico
The plunge points at a growing lack of interest among traders and investors to become “full validators” on its upcoming proof-of-stake blockchain.
Powered by WPeMatico
The world’s second-largest cryptocurrency crossed the $4,700-mark days after JPMorgan Chase analysts recommended it over Bitcoin against rising rates.
Powered by WPeMatico
SOL price reached another record high on Nov. 7, bringing its YTD gains up by roughly 17,500%.
Powered by WPeMatico
SOL price continues to climb with Solana’s TVL also hitting a new high of nearly $14 billion.
Powered by WPeMatico
The second-largest cryptocurrency will see over 8% growth against its top rival should the technical outlook play out.
Powered by WPeMatico
The 30-day correlation between Ether and Bitcoin remains at 0.81 above zero.
Powered by WPeMatico