Ethereum price drops to $1.8K as data suggests ETH bears are not done yet
Ether’s drop to $1,800 reflects weak technicals and onchain signals that point to continued downside risk as Ethereum ETF outflows persist. Go to Source
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Ether’s drop to $1,800 reflects weak technicals and onchain signals that point to continued downside risk as Ethereum ETF outflows persist. Go to Source
EOS went offensive last month after locating a solid ground in the dip. It faced rejection and later lost momentum in the late month. While currently in a sell mode, it is looking for a key support level to rebound. Last month’s performance was impressive as EOS recovered from a broad correction phase after weeks … Read more
Starting this week with a sell-off, Avax found support and recovered after registering a double-digit loss in a week. This brought a slight break in the bloodbath as it currently posts gains daily. Following months of consistent price reductions, Avax appears highly bearish on the mid-term scale as it continues to flip through several key … Read more
After trending briefly bearish for three months, XRP looks ready for a major sell following a recent breakdown from a critical support level. It currently trades at support after slightly rejecting a five-month low. Closing last month’s trading with a complete head-and-shoulder pattern on the daily chart, XRP bounced off the neckline for three days … Read more
Amid the latest dip, TAO advanced bearishness and broke down to a new yearly low after shedding roughly a 15% loss in the past 24 hours. This suggests a long-term move as supply continues to increase daily. After witnessing a lot of breakdowns since the start of the year, TAO lost the key $300 level … Read more
XLM’s daily outlook appears bearish following a significant loss in the past week. This came after failing to push above a key level last month and is now back in a downward range, looking ready for another crackdown. After witnessing a small recovery in March, XLM marked resistance at $0.3 and slowly resumed bearish in … Read more
The recent weekly bounce has put ATOM back in an upward range as it posts a major gain in the last 24 hours. Gaining a lot of traction daily, it signals a bullish move with an inverse head-and-shoulder pattern. ATOM’s price is still captured in a bearish zone from a short-term scale, but the trading … Read more
Last week, Dogecoin went through another downturn after undergoing a three-week recovery. This led to a notable loss, and other major meme coins are now following suit with an average 10% loss in a week. Doge’s market structure is still considered bearish on the daily chart following a dramatic reduction in the past few months. … Read more
Following a slow and steady recovery, MKR saw a little setback last weekend due to a bearish interception. Although the bulls are technically back in control as the demand level continues to rise. February marked a temporal halt in MKR’s mid-term bearish after posting several losses in a year. The bounce from $778 brought a … Read more
Ethereum is back in a downward slope following notable losses in the past week, although it appears strong today. An expansion from the current trading level should determine the next major move. Following last month’s trading, Ethereum took a temporal break after dipping to its lowest level for the first time in a year. This … Read more