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Tag: ETHUSD

  • Analyst Says You’re Not Bullish Enough On Ethereum – What Does He Mean?

    A growing number of analysts believe Ethereum’s current price action is being misunderstood. Although frustration is growing due to Ethereum’s inability to hold above $3,000, some technical analysts are quick to point out that the structure forming beneath the surface tells a very different story. According to one analyst, the real risk right now is not being bullish on Ethereum and trying to short in anticipation of a downside breakout.

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    Higher Lows And A Structure That Keeps Tightening

    The analyst’s technical view on Ethereum is focused less on short-term momentum and more on the structure developing on the chart, which he argues is even clearer than what is currently visible on Bitcoin’s chart.

    Notably, Ethereum’s price action is carving out a series of higher lows on the daily candlestick timeframe chart to form a tightening triangular pattern since December 2025. This kind of behavior shows that each pullback is being absorbed at progressively higher levels, which is how strong trends reset before continuation.

    Ethereum needs to avoid a breakdown below key support zones in order for this trend continuation setup to still be valid. According to the analyst, a dip under $2,860 would begin to weaken the pattern, while a close below $2,780 would invalidate the higher-low structure. 

    At the time of writing, Ethereum is trading around $2,950, which is dangerously close to the lower boundary of this setup. Therefore, some traders will be tempted to short Ethereum at this level, but the analyst called it the dumbest thing to do here.

    As long as those levels ($2,860 and $2,780) hold, the analyst sees no technical justification for betting against ETH, especially near the lower boundary of the channel where buyers have repeatedly stepped in. 

    ETHUSD now trading at $2,946. Chart: TradingView

    If support holds, the next move would be a gradual return to the upper trendline of the channel, which is just below $3,340. A move into that region would bring price back into direct contact with overhead resistance and set the stage for a breakout if buying pressure continues to increase.

    Ethereum Price Chart. Source: @Tryrexcrypto on X

    The Bigger Picture Behind Ethereum’s Price Action

    Ethereum is entering 2026 without clear bullish momentum, a reality that has dampened sentiment across the spot and derivatives markets. Spot ETF inflows into Ethereum and Bitcoin have slowed down, and issuers have been highlighted with consistent days of outflows.

    Nonetheless, major asset managers are still holding huge amounts of Ethereum and are working on diversifying their activities on Ethereum. BlackRock, for example, filed with the SEC in December to launch a staked Ethereum exchange-traded fund, a move that will bring in more institutional investors into the Ethereum ecosystem.

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    Speaking of staking, BitMine Technologies recently amped up its ETH staking to over $5.71 billion worth of Ethereum. On-chain data from Arkham Intelligence shows that the firm has staked an additional 171,264, worth $503.2 million, pushing its total stake to over 1.94 million ETH.

    Featured image from Unsplash, chart from TradingView

    Scott Matherson

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  • Ethereum Loses Structure After $3,220 Rejection — Is This Distribution Or Just The First Crack?

    Ethereum has taken a sharp turn after facing a firm rejection at the $3,220 level, with price breaking structure and slipping into a weaker posture. The speed of the drop and lack of strong buying interest raise an important question for traders: Is this merely an early warning sign within a broader uptrend, or the start of a deeper distribution phase that could pressure ETH further in the near term?

    Rejection At $3,220 Signals Distribution, Not A Shakeout

    Crypto analyst PEPE is Friend highlighted that Ethereum’s sharp rejection at the $3,220 level was deliberate rather than random. The drop was clean, with key structure breaking down, selling pressure accelerating, and price quickly flushing toward the $3,106 area, aligning with a classic distribution behavior rather than a simple shakeout.

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    Assessing the current price reaction, there are still no signs of a true reversal. The bounce has been notably weak, trading volume remains thin, and buyers have yet to show a strong commitment. Instead of signaling renewed bullish momentum, the move higher appears to be a technical pullback within a broader weakening structure.

    Source: Chart from PEPE is Friend on X

    The key technical zone remains well-defined. ETH is trading below the former support band between $3,170 and $3,200. As long as the price stays below this range, any upside move is likely to be viewed as a selling opportunity rather than the start of a sustained recovery. 

    When this price action is viewed alongside Ethereum spot ETF data, the picture becomes clearer. While ETF flows remain positive daily, they lack strong momentum or a standout confirmation day. Capital appears to be absorbed rather than aggressively deployed, suggesting institutional demand is not yet strong enough to drive a decisive breakout. Until that changes, sellers are expected to remain in control below the $3,170–$3,200 resistance zone.

    Ethereum Slips Below $3,062 As Bears Regain Short-Term Control

    In an X post, Kamile Uray noted that Ethereum has closed below the $3,062 level, shifting attention toward the next major downside zone at $2,623. This level is now critical, as holding above it could allow ETH to stabilize and attempt another recovery move.

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    On the upside, a clean break above the pink-box resistance near $3,445 would activate bullish formations such as a cup-and-handle or an ascending triangle, opening the door for a move toward the $3,894 area.

    Further strength would be confirmed if ETH manages to close above the $3,661 high, which would mark the first higher high on the daily chart relative to the previous downtrend, improving the bullish outlook. Still, $3,894 remains a key level, as it aligns with the 0.618 Fibonacci retracement of the last decline.

    On the downside, a clear break below the $2,623 low would expose ETH to deeper losses, with the $2,274–$2,104 zone emerging as the next major support area. This region hosts a potential bullish “Libra” reversal setup, and Ethereum could once again attempt a bounce toward its previous all-time high if reversal confirmation appears there.

    Ethereum
    ETH trading at $2,960 on the 1D chart | Source: ETHUSDT on Tradingview.com

    Featured image from iStock, chart from Tradingview.com

    Godspower Owie

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  • Ethereum Enters Overbought Levels With Weekend Pump, Why A Crash Could Be Coming

    Moving alongside Bitcoin, the Ethereum price has actually been able to reclaim $3,000, moving up faster than anticipated over the weekend. This resulted in an over 6% daily increase by Sunday, as sentiment began to move toward the positive again. However, this move has not completely erased the bearish expectations surrounding the cryptocurrency, especially as one crypto analyst points out that the digital asset has now actually entered overbought levels.

    Ethereum In Dangerous Territory

    In a TradingView post, crypto analyst SignalProvider highlighted that Ethereum has now entered overbought levels, something that is bearish for the price. As explained by the analyst, using the ETheruem -Hour timeframe, the trend is currently bearish as the 7-period RSI shows that the digital asset is now in oversold levels.

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    This comes as the Ethereum price continues to trade above $3,100, which the analyst calls a solid horizontal structure. However, this structure has not held as strongly as expected, leading to weakness in the market. As a result, the crypto analyst explains that this could result in a price decline.

    If the decline plays out as expected with the overbought levels, then the first target is $3,028, according to the analyst. This could then serve as a support level that could begin the next uptrend. However, there is a possibility that this does not play out soon, as prices entering overbought levels can take time to play out.

    Source: TradingView

    ETH Price Is Not Entirely Bearish

    While the entrance into overbought levels remains a bearish signal for the Ethereum price, another analyst has presented a possible bullish path for the cryptocurrency from here. This lies in the ability of bulls to break out completely from the $3,100 level.

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    As crypto analyst TheSignalyst explains, the lower bound of the channel has been working to serve as support for the Ethereum price above $3,000. If this channel continues to hold, then the bullish trend remains intact. “From a structure point of view, ETH remains bullish, trading cleanly inside a flat rising channel,” the post read.

    When the breakout is completed, then the price could rise as high as $3,600, which is the top of the current ascending channel. But TheSignalyst explains that until this breakout happens, Ethereum investors should expect more sideways chop as the price continues to build up.

    Ethereum price chart from Tradingview.com
    ETH price pushes above $3,100 | Source: ETHUSDT on Tradingview.com

    Featured image from Dall.E, chart from TradingView.com

    Scott Matherson

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  • Ethereum Finds Its Footing Again, But Here’s Why Bulls Still Have Work To Do

    My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.

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    I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.

    When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.

    Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

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  • Why The Ethereum Price Could Bounce Above $3,500 Soon

    A crypto analyst has predicted that the Ethereum price could balloon to $3,500 soon, potentially breaking free of the bearish pressure that has suppressed its momentum for much of 2025. Although ETH is currently trading more than 37.5% below its all-time highs, the analyst has outlined technical indicators and market structure signals suggesting $3,500 is a realistic short-term target for the cryptocurrency.  

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    Ethereum Price Setup Points To $3,500 Rebound

    Crypto market analyst Tryrex has delivered a fresh outlook on the Ethereum price, pointing to conditions that could support a strong upside move to $3,500 in the coming months. In his post on X, the expert suggested that ETH may be approaching the end of its prolonged corrective phase and may be preparing for a decisive bounce. 

    Tryrex highlighted the possibility of a strong rebound developing in the first quarter of 2026, driven by Ethereum’s current hold of a critical liquidity zone between $2,800 and $3,000. He explained that while Bitcoin (BTC) bottomed out in 2025 and entered a range-bound period right after, Ethereum showed relative strength by firmly defending the liquidity region. 

    Based on the analyst’s weekly TradingView chart, this price area also represents a weekly demand zone that has absorbed repeated selling pressure. The fact that the price continues to hold this area indicates that market participants are buying ETH rather than distributing it. Volume behavior at the bottom of the chart also suggests that selling pressure has been weakening compared to earlier phases of Ethereum’s downtrend. 

    Tryrex expects an impulsive move to emerge as Ethereum continues to react to the $2,800 to $3,000 liquidity range. If momentum builds as anticipated, ETH could break out of its current structure and push toward higher resistance levels, with a move above $3,500 seen as an increasingly likely near-term target. With its price currently sitting above $3,000, this would represent a more than 13% increase. 

    ETHUSD currently trading at $3,103. Chart: TradingView

    The analyst has also revealed that his bullish forecast for ETH reflects broader conditions across the altcoin market. He highlighted that many major altcoins appear to be bottoming out after extended downtrends, increasing the possibility of coordinated upside moves if market sentiment and volatility improve. 

    Ethereum Shows Early Moves In 2026

    The market is just three days into 2026, and although major cryptocurrencies like Bitcoin and Dogecoin closed 2025 in the red, Ethereum appears to be showing early signs of recovery. Initially, the ETH started the year in a similar downtrend, but over the past 24 hours, its price has increased by approximately 2.5%.

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    CoinMarketCap data shows that from January 1 to date, Ethereum has declined by more than 9.5%. However, its trading volume in the last 24 hours has increased by over 100%, signaling strong trader interest despite the recent price dips. In addition, whales have been steadily accumulating ETH, taking advantage of lower prices to increase their positions.

    Featured image from Pexels, chart from TradingView

    Scott Matherson

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  • Ethereum Price Targets Break Above $3K, Bulls Smell Opportunity

    Ethereum price started a decent upward move above $2,900. ETH is now showing positive signs and might eye more gains above $3,000.

    • Ethereum started a recovery wave above the $2,920 zone.
    • The price is trading above $2,950 and the 100-hourly Simple Moving Average.
    • There is a bullish trend line forming with support at $2,930 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it settles above the $3,000 zone.

    Ethereum Price Eyes More Gains

    Ethereum price managed to stay above the $2,880 pivot level and started a recovery wave, like Bitcoin. ETH price climbed above the $2,920 resistance to enter a positive zone.

    The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $3,075 swing high to the $2,888 low. Besides, there is a bullish trend line forming with support at $2,930 on the hourly chart of ETH/USD.

    Ethereum price is now trading above $2,950 and the 100-hourly Simple Moving Average. If the bulls are able to protect more losses below $2,950, the price could continue to move up.

    Source: ETHUSD on TradingView.com

    Immediate resistance is seen near the $3,000 level and the 61.8% Fib retracement level of the downward move from the $3,075 swing high to the $2,888 low. The first key resistance is near the $3,030 level. The next major resistance is near the $3,050 level. A clear move above the $3,050 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,200 resistance zone or even $3,220 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $3,000 resistance, it could start a fresh decline. Initial support on the downside is near the $2,950 level.

    The first major support sits near the $2,920 zone. A clear move below the $2,920 support might push the price toward the $2,880 support. Any more losses might send the price toward the $2,800 region. The next key support sits at $2,720.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $2,950

    Major Resistance Level – $3,000

    Aayush Jindal

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  • Ethereum’s 2026 Overhaul Aims To Cut Costs, Boost Speed, Limit Censorship

    According to reports, Ethereum plans two major hard forks in 2026 that aim to change how the network runs. Mid-2026 will see the Glamsterdam upgrade, and late 2026 is set for Heze-Bogota. These steps are meant to speed up transaction handling, add new validation tools, and make the chain harder to censor.

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    Ethereum Trading, Options Pressure

    Ethereum is currently above $2,900 as the market awaits a large options expiry. Reports put the expiring notional at $6 billion, with more call options than puts. Many contracts could end up worthless if ETH fails to rise above $3,100, the so-called max pain level.

    Analysts see a consolidation range between $2,700 and $3,100 into year-end, and some experts offer a bearish 2026 view, pointing to possible drops toward $1,800–$2,000 if broader market conditions worsen.

    Parallel Execution

    Glamsterdam targets parallel processing by letting multiple transactions run at the same time instead of one after another. Block access lists will tell nodes which data each transaction needs, which makes parallel work safer and more efficient.

    Protocol-level proposer-builder separation, or ePBS, is also planned. That move is expected to cut some centralization risks and make it easier for validators to use zero-knowledge (ZK) proofs without being penalized for extra compute time.

    Gas limits are expected to rise in stages, with talk of reaching 200 million per block after key changes land. About 10% of validators could start verifying ZK proofs rather than rechecking all transactions by year-end, based on current projections.

    Ether trading at $2,974 on the 24-hour chart: TradingView

    The push toward parallel execution could reduce slowdowns that happen when demand spikes. But higher gas limits come with tradeoffs. Running bigger blocks or faster workloads can raise hardware needs, which could make it harder for smaller validators to stay in the network. That balance between speed and decentralization will be watched closely.

    Layer-2 Throughput Could Jump Sharply

    A major part of the story is layer-2 scaling. Increasing the number of data blobs per block to 72 or more would give L2 systems much more space to store transaction data, which could let them process hundreds of thousands of transactions per second in aggregate.

    Designs like ZKsync’s Elastic Network aim to let users keep money on Ethereum while using faster L2s. An interoperability layer is also being discussed to move activity between different L2s more easily. Still, user experience, liquidity splits, and coordination between chains remain open issues that need work.

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    Heze-Bogota: Censorship Resistance

    Heze-Bogota will add tools to help groups of validators make sure certain transactions are included. Fork-choice inclusion lists are meant to reduce the risk that transactions get blocked if only part of the network remains honest. That change is more about values and permissionless access than it is about raw speed.

    Featured image from Firi, chart from TradingView

    Christian Encila

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  • Ethereum Price Prepares for Upside Move—Is the Rally About to Return?

    Ethereum price started a fresh increase above $3,150. ETH is now consolidating and might soon aim for a clear upside break above $3,350.

    • Ethereum started a downside correction from the $3,450 zone.
    • The price is trading above $3,200 and the 100-hourly Simple Moving Average.
    • There is a new connecting bullish trend line forming with support at $3,180 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move down if it settles below the $3,150 zone.

    Ethereum Price Holds Support

    Ethereum price managed to stay above $3,150 and started a fresh increase, beating Bitcoin. ETH price gained strength for a move above the $3,300 and $3,320 resistance levels.

    The bulls even pushed the price above $3,400. However, the bears were active below $3,450. A high was formed at $3,448 and the price is now correcting gains. There was a move below $3,250, and the price even spiked below the 50% Fib retracement level of the upward wave from the $2,914 swing low to the $3,448 low.

    However, the bulls were active near $3,150. Ethereum price is now trading above $3,200 and the 100-hourly Simple Moving Average. Besides, there is a new connecting bullish trend line forming with support at $3,180 on the hourly chart of ETH/USD.

    Source: ETHUSD on TradingView.com

    If there is another upward move, the price could face resistance near the $3,290 level. The next key resistance is near the $3,320 level. The first major resistance is near the $3,350 level. A clear move above the $3,350 resistance might send the price toward the $3,400 resistance. An upside break above the $3,400 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $3,320 resistance, it could start a fresh decline. Initial support on the downside is near the $3,200 level. The first major support sits near the $3,150 zone.

    A clear move below the $3,150 support might push the price toward the $3,040 support. Any more losses might send the price toward the $3,020 region. The next key support sits at $3,000.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $3,180

    Major Resistance Level – $3,350

    Aayush Jindal

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  • Ethereum Rebounds Modestly While Bulls Struggle Against Overhead Resistance

    Ethereum price failed to stay above $3,050 and tested $2,950. ETH is now attempting to recover but faces resistance near $3,150.

    • Ethereum started a fresh decline after it failed to stay above $3,150.
    • The price is trading below $3,120 and the 100-hourly Simple Moving Average.
    • There is a key bearish trend line forming with resistance at $3,150 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move down if it settles below the $3,065 zone.

    Ethereum Price Attempts Recovery

    Ethereum price failed to continue higher above $3,200 and started a fresh decline, like Bitcoin. ETH price dipped below $3,150 and entered a bearish zone.

    The decline gathered pace below $3,050 and the price dipped below $3,000. A low was formed at $2,941 and the price is now correcting some losses. There was a move above the 50% Fib retracement level of the recent decline from the $3,217 swing high to the $2,941 low.

    Ethereum price is now trading below $3,120 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,150 level and the 76.4% Fib retracement level of the recent decline from the $3,217 swing high to the $2,941 low. There is also a key bearish trend line forming with resistance at $3,150 on the hourly chart of ETH/USD.

    Source: ETHUSD on TradingView.com

    The next key resistance is near the $3,220 level. The first major resistance is near the $3,250 level. A clear move above the $3,250 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $3,150 resistance, it could start a fresh decline. Initial support on the downside is near the $3,065 level. The first major support sits near the $3,020 zone.

    A clear move below the $3,020 support might push the price toward the $2,950 support. Any more losses might send the price toward the $2,880 region in the near term. The next key support sits at $2,750 and $2,740.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $3,065

    Major Resistance Level – $3,150

    Aayush Jindal

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  • Crypto Carnage Continues — Tom Lee Exposes What’s Really Going On

    The global crypto market pulled back to about $3.23 trillion on Monday, down close to a percent from recent levels, and signs of weakness were visible across most top tokens.

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    According to market trackers, investor mood is chilled — the Fear and Greed Index sits at 18, labeled extreme fear — and the average Relative Strength Index for major coins hovers near 41, a reading that leans toward oversold conditions.

    Bitcoin was trading around $95,400 while Ethereum hovered near $3,155, with many large-cap assets showing only small daily moves.

    Source: Alternative.me

    Tom Lee Issues Long-Term Take

    According to Tom Lee, BitMine chairman and an early Bitcoin bull at Fundstrat, the current pullback does not wipe out the potential for much larger gains down the road.

    Lee noted that Bitcoin rose roughly 100x from his first recommendation back in 2017, when the price was near $1,000, and he suggested Ethereum may be at the start of a similar long-term run.

    He cautioned that investors who benefited from past rallies had to endure extreme drops — some as deep as 75% — and said present volatility could be the market “discounting a massive future.”

    Short-Term Signals Point To Oversold Conditions

    Market technicians and on-chain analysts are pointing to clear short-term stress. The Fear and Greed Index at 18 is one headline figure. Average RSI readings near 41 imply more selling than buying momentum right now.

    Based on reports from CryptoQuant, Ether trading around $3,150 sits roughly $200 above the mean cost basis held by long-term accumulators — a level that could act as support if those holders remain patient.

    Bitcoin, by comparison, has pulled back about 20% from its recent peak, while Ethereum has fallen more than 30% from its high.

    Ether Holder Levels Close To Historic Peaks

    Ethereum’s path this year diverged from Bitcoin for a while: ETH topped out at $4,940 in August, while Bitcoin pushed to a peak above $126,000 in October.

    That gap left Ether lagging for months even as Bitcoin made fresh highs. Now, with ETH nearer to where long-term holders bought in, some analysts see a potential floor forming.

    BTCUSD now trading at $95,592. Chart: TradingView

    Reports have disclosed that these accumulators have been “patiently stacking,” and their cost positions matter for near-term price action.

    Altcoins Show Little Momentum

    Smaller large-cap coins are holding weaker ground. XRP was trading near $2.20, BNB around $932 and Solana close to $138, with most of last week’s gains fading.

    Other popular tokens — Tron, Dogecoin, Cardano, Chainlink, Hyperliquid and Zcash — are under light selling pressure and low net movement, suggesting market-wide caution rather than a single-asset sell-off.

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    Bigger Players, Liquidations And The Outlook

    Lee added that he expects signs of recovery and stability within six to eight weeks. He advised against using borrowed funds now, warning that forced sell-offs can accelerate losses.

    According to his remarks, aggressive positions designed to trigger liquidations by large firms can amplify price swings. He cautioned that some of the sharper moves may be tied to stress among big market makers.

    Featured image from Unsplash, chart from TradingView

    Christian Encila

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  • Ethereum Weakens Again, Bulls Unable to Spark Meaningful Recovery

    Ethereum price started a fresh decline from $3,480. ETH is struggling to recover and is now at risk of another decline below $3,250.

    • Ethereum started another bearish wave after it settled below $3,450.
    • The price is trading below $3,400 and the 100-hourly Simple Moving Average.
    • There is a new bearish trend line forming with resistance at $3,380 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move down if it trades below $3,250.

    Ethereum Price Dips Again

    Ethereum price failed to stay in a positive zone and started a fresh decline from $3,480, like Bitcoin. ETH price declined below $3,420 and $3,400.

    It seems like the bears defended the 50% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. There is also a new bearish trend line forming with resistance at $3,380 on the hourly chart of ETH/USD.

    Ethereum price is now trading below $3,350 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,350 level. The next key resistance is near the $3,380 level and the trend line.

    The first major resistance is near the $3,480 level. A clear move above the $3,480 resistance might send the price toward the $3,580 resistance and the 61.8% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low.

    Source: ETHUSD on TradingView.com

    An upside break above the $3,580 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,650 resistance zone or even $3,675 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $3,380 resistance, it could start a fresh decline. Initial support on the downside is near the $3,250 level. The first major support sits near the $3,220 zone.

    A clear move below the $3,220 support might push the price toward the $3,150 support. Any more losses might send the price toward the $3,050 region in the near term. The next key support sits at $3,020 and $3,000.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

    Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

    Major Support Level – $3,250

    Major Resistance Level – $3,380

    Aayush Jindal

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  • Ethereum Stuck In Tight Price Range — Levels To Watch

    Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency.

    Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.

    In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

    In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.

    Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative.

    Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information.

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    Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.

    Semilore Faleti

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  • Ethereum Support Band Under Pressure — Can Bulls Revive Momentum From $3,700?

    Ethereum is once again testing the strength of its key support band around the $3,700 zone, a level that has acted as a crucial lifeline for bulls in recent months. With momentum fading after repeated rejections near resistance, speculations are whether buyers can step in to spark a renewed push upward or if a deeper correction is on the horizon.

    ETH Pulls Back After Golden Pocket Rejection

    In his latest market update, Luca shared insights on Ethereum’s current technical setup, noting that the asset recently faced rejection at the high-timeframe resistance zone he had highlighted in earlier analyses. This rejection aligns with the golden pocket between the 0.5 and 0.618 Fibonacci points of interest (POIs). Following this rejection, Ethereum’s price has retreated into the broader accumulation range marked in green on his chart.

    Related Reading

    According to Luca, this accumulation zone has served as a strong reversal area in recent months, providing crucial support whenever price corrections intensified. It also coincides with the Weekly Bull Market Support Band, reinforcing its importance as a potential turning point in Ethereum’s next major move.

    ETH prepping for another upward attempt | Source: Chart from Luca on X

    Despite this, the analyst cautioned that the current market structure appears vulnerable to a breakdown. Luca emphasized that while he remains optimistic about Ethereum’s long-term potential, if the breakdown is confirmed, he plans to stay objective by hedging part of his spot holdings. Doing so, he believes, would help reduce exposure to downside volatility while keeping capital ready to re-enter the market once a more sustainable bullish reversal emerges.

    Luca concluded by reiterating his adaptive trading strategy, a balance between flexibility and discipline. By maintaining moderate cash positions and exposure to defensive assets, he ensures the ability to act quickly when clear opportunities arise while safeguarding capital during volatile market phases.

    Ethereum Holds The Mid-Range Support Zone Between $3,600–$3,700

    According to GrayWolf6, Ethereum is currently trading within a defined range between $3,900 and $3,100, with the price recently touching the mid-range support area around $3,600–$3,700. He noted that the Stochastic RSI is flashing a bullish signal, hinting at the potential for a short-term rebound from this zone as buyers begin to regain momentum.

    Related Reading

    GrayWolf6 further explained that since ETH reached $4,250 just a few days ago, another move toward the upper band remains a possibility. Should the price reclaim strength, the next upside target could extend to around $5,200.

    Despite this optimistic outlook, the analyst cautioned that Ethereum remains confined within the lower range, keeping the downside risk near $3,100 in play. He mentioned taking profits on his earlier short position and is now watching closely for signs of a bounce from this intermediate support level. For him, the strategy remains steady, risk-managed, positions hedged, and the next move is patiently waiting.

    Ethereum
    ETH trading at $3,836 on the 1D chart | Source: ETHUSDT on Tradingview.com

    Featured image from iStock, chart from Tradingview.com

    Godspower Owie

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  • Ethereum Supported On Dips — Buyers Build Strength For Next Leg Higher

    Ethereum price started a decent increase above $4,000. ETH is consolidating gains and could aim for more gains above the $4,220 resistance.

    • Ethereum started a fresh upward move above $4,000 and $4,120.
    • The price is trading above $4,080 and the 100-hourly Simple Moving Average.
    • There is a bullish trend line forming with support at $4,055 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it trades above $4,200.

    Ethereum Price Holds Gains

    Ethereum price started a steady upward move above the $3,880 zone, like Bitcoin. ETH price surpassed the $4,000 and $4,120 levels to enter a short-term positive zone.

    The price even spiked above $4,200. A high was formed at $4,252 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high.

    Ethereum price is now trading above $4,080 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $4,055 on the hourly chart of ETH/USD.

    Source: ETHUSD on TradingView.com

    On the upside, the price could face resistance near the $4,180 level. The next key resistance is near the $4,200 level. The first major resistance is near the $4,250 level. A clear move above the $4,250 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,480 resistance zone or even $4,500 in the near term.

    Another Pullback In ETH?

    If Ethereum fails to clear the $4,200 resistance, it could start a fresh decline. Initial support on the downside is near the $4,080 level. The first major support sits near the $4,050 zone and the trend line.

    A clear move below the $4,050 support might push the price toward the $3,980 support or the 50% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high. Any more losses might send the price toward the $3,840 region in the near term. The next key support sits at $3,780.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

    Major Support Level – $4,050

    Major Resistance Level – $4,200

    Aayush Jindal

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  • Ethereum Moves Higher — Buyers Strengthen Grip Amid Renewed Market Optimism

    Ethereum price started a recovery wave above $4,000. ETH is moving higher but faces a couple of key hurdles near $4,220 and $4,250.

    • Ethereum started a fresh recovery above $4,000 and $4,120.
    • The price is trading above $4,120 and the 100-hourly Simple Moving Average.
    • There is a bullish trend line forming with support at $4,050 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it trades above $4,220.

    Ethereum Price Eyes Steady Gains

    Ethereum price started a minor recovery wave above the $3,880 zone, like Bitcoin. ETH price surpassed the $4,000 and $4,050 levels to enter a short-term positive zone.

    The price even spiked above $4,220. A high was formed at $4,225 and the price is now consolidating gains. The price is stable above the 23.6% Fib retracement level of the recent increase from the $3,708 swing low to the $4,225 high.

    Ethereum price is now trading above $4,150 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $4,050 on the hourly chart of ETH/USD.

    Source: ETHUSD on TradingView.com

    On the upside, the price could face resistance near the $4,220 level. The next key resistance is near the $4,250 level. The first major resistance is near the $4,320 level. A clear move above the $4,320 resistance might send the price toward the $4,450 resistance. An upside break above the $4,450 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,500 resistance zone or even $4,550 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $4,220 resistance, it could start a fresh decline. Initial support on the downside is near the $4,150 level. The first major support sits near the $4,120 zone.

    A clear move below the $4,120 support might push the price toward the $4,050 support. Any more losses might send the price toward the $4,000 region in the near term. The next key support sits at $3,880.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $4,120

    Major Resistance Level – $4,220

    Aayush Jindal

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  • Ethereum Price Reaches Resistance — Breakout Could Signal Fresh Upside Leg

    Ethereum price started a recovery wave above $3,880. ETH is now rising and might aim for more gains if it clears the $4,050 resistance.

    • Ethereum started a fresh recovery above $3,800 and $3,880.
    • The price is trading above $3,920 and the 100-hourly Simple Moving Average.
    • There was a break above a key bearish trend line with resistance at $3,940 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it trades above $4,050.

    Ethereum Price Rises Again

    Ethereum price struggled to settle above $4,050 and corrected most gains, like Bitcoin. ETH price declined below the $4,000 and $3,800 levels.

    It even tested the $3,680 zone. A low was formed at $3,677 and the price is now correcting losses. There was a decent move above the 50% Fib retracement level of the recent decline from the $4,292 swing high to the $3,677 low.

    Besides, there was a break above a key bearish trend line with resistance at $3,940 on the hourly chart of ETH/USD. Ethereum price is now trading above $3,920 and the 100-hourly Simple Moving Average.

    On the upside, the price could face resistance near the $4,050 level and the 61.8% Fib retracement level of the recent decline from the $4,292 swing high to the $3,677 low. The next key resistance is near the $4,120 level. The first major resistance is near the $4,220 level.

    Source: ETHUSD on TradingView.com

    A clear move above the $4,220 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,440 resistance zone or even $4,500 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $4,050 resistance, it could start a fresh decline. Initial support on the downside is near the $3,940 level. The first major support sits near the $3,880 zone.

    A clear move below the $3,880 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,680 region in the near term. The next key support sits at $3,620.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $3,880

    Major Resistance Level – $4,050

    Aayush Jindal

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  • Ethereum Surges Past $4,100 – Are Bulls Ready For The Next Big Leg?

    Ethereum price started a fresh recovery above $4,000. ETH is now showing positive signs but faces a major resistance near the $4,250 level.

    • Ethereum started a recovery wave above the $4,000 and $4,100 levels.
    • The price is trading above $4,150 and the 100-hourly Simple Moving Average.
    • There was a break above a key bearish trend line with resistance at $4,100 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it trades above $4,250.

    Ethereum Price Starts Recovery

    Ethereum price started a recovery wave after a massive selloff below $3,800, like Bitcoin. ETH price formed a base and was able to recover above the $4,000 level.

    The price cleared the 50% Fib retracement level of the sharp decline from the $4,758 swing high to the $3,423 low. Besides, there was a break above a key bearish trend line with resistance at $4,100 on the hourly chart of ETH/USD.

    Ethereum price is now trading above $4,150 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,200 level. The next key resistance is near the $4,250 level and the 61.8% Fib retracement level of the sharp decline from the $4,758 swing high to the $3,423 low.

    Source: ETHUSD on TradingView.com

    The first major resistance is near the $4,320 level. A clear move above the $4,320 resistance might send the price toward the $4,400 resistance. An upside break above the $4,400 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term.

    Another Decline In ETH?

    If Ethereum fails to clear the $4,250 resistance, it could start a fresh decline. Initial support on the downside is near the $4,120 level. The first major support sits near the $4,100 zone.

    A clear move below the $4,100 support might push the price toward the $4,020 support. Any more losses might send the price toward the $3,950 region in the near term. The next key support sits at $3,880.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $4,020

    Major Resistance Level – $4,250

    Aayush Jindal

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  • Ethereum Dual Chart Recovery: ETH And ETH/BTC Signal Strength Despite Bearish Close

    My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.

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    Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

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    Godspower Owie

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  • Ethereum Loses Ground – Further Dips Could Expose Price To Key Support Zone

    Ethereum price started a fresh decline below $4,600 and $4,500. ETH is now moving lower and might extend losses below $4,250 in the short term.

    • Ethereum started a downside correction below $4,550 and $4,500.
    • The price is trading below $4,450 and the 100-hourly Simple Moving Average.
    • There is a key bearish trend line forming with resistance at $4,385 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move down if it trades below $4,250.

    Ethereum Price Dips Further

    Ethereum price failed to stay above $4,550 and started a fresh decline, like Bitcoin. ETH price dipped below the $4,500 and $4,450 levels to enter a bearish zone.

    The price tested the $4,270 zone. A low was formed at $4,270 and the price is now consolidating losses. There was a minor recovery wave toward the 23.6% Fib retracement level of the recent decline from the $4,760 swing high to the $4,270 low.

    However, the bears are active near the $4,380 level. Besides, there is a key bearish trend line forming with resistance at $4,385 on the hourly chart of ETH/USD.

    Ethereum price is now trading below $4,450 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,385 level and the trend line. The next key resistance is near the $4,450 level.

    Source: ETHUSD on TradingView.com

    The first major resistance is near the $4,510 level or the 50% Fib retracement level of the recent decline from the $4,760 swing high to the $4,270 low. A clear move above the $4,510 resistance might send the price toward the $4,570 resistance. An upside break above the $4,570 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,640 resistance zone or even $4,720 in the near term.

    More Losses In ETH?

    If Ethereum fails to clear the $4,450 resistance, it could start a fresh decline. Initial support on the downside is near the $4,320 level. The first major support sits near the $4,270 zone.

    A clear move below the $4,270 support might push the price toward the $4,250 support. Any more losses might send the price toward the $4,150 region in the near term. The next key support sits at $4,120.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

    Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

    Major Support Level – $4,320

    Major Resistance Level – $4,450

    Aayush Jindal

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  • Ethereum Shows Strength – Traders Eye Breakout That Could Trigger Bigger Gains

    Ethereum price started a recovery wave above $4,150. ETH is now consolidating and might aim for more gains if it clears the $4,220 resistance.

    • Ethereum remained stable above $4,020 and started a recovery wave.
    • The price is trading above $4,150 and the 100-hourly Simple Moving Average.
    • There is a connecting bullish trend line forming with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could continue to move up if it settles above $4,220 and $4,250.

    Ethereum Price Eyes More Gains

    Ethereum price remained supported above the $4,020 level and started a recovery wave, like Bitcoin. ETH price was able to recover above the $4,050 and $4,120 resistance levels.

    There was a clear move above the 61.8% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low. The bulls even pushed the price above $4,200. Besides, there is a connecting bullish trend line forming with support at $4,100 on the hourly chart of ETH/USD.

    Ethereum price is now trading above $4,150 and the 100-hourly Simple Moving Average. It is also above the 76.4% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low.

    Source: ETHUSD on TradingView.com

    On the upside, the price could face resistance near the $4,220 level. The next key resistance is near the $4,250 level. The first major resistance is near the $4,275 level. A clear move above the $4,275 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term.

    Pullback In ETH?

    If Ethereum fails to clear the $4,250 resistance, it could start a fresh decline. Initial support on the downside is near the $4,150 level. The first major support sits near the $4,100 zone and the trend line.

    A clear move below the $4,100 support might push the price toward the $4,050 support. Any more losses might send the price toward the $4,000 region in the near term. The next key support sits at $3,880.

    Technical Indicators

    Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

    Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

    Major Support Level – $4,100

    Major Resistance Level – $4,250

    Aayush Jindal

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