• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Market & Analysis

Ethereum Price Struggles—Is Another Breakdown on The Horizon?

n70products by n70products
March 29, 2025
in Market & Analysis
0
Ethereum Price Struggles—Is Another Breakdown on The Horizon?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Purpose to belief

logo

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by business specialists and meticulously reviewed

The very best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Este artículo también está disponible en español.

Ethereum worth remained supported above the $1,980 stage. ETH is now consolidating and stays prone to a draw back break.

  • Ethereum struggled to proceed greater above the $2,050 resistance stage.
  • The worth is buying and selling under $2,020 and the 100-hourly Easy Transferring Common.
  • There’s a connecting bearish development line forming with resistance at $2,040 on the hourly chart of ETH/USD (knowledge feed by way of Kraken).
  • The pair should clear the $2,040 and $2,100 resistance ranges to start out a good improve.

Ethereum Worth Dips Once more

Ethereum worth didn’t proceed greater above $2,100 and corrected some beneficial properties, like Bitcoin. ETH declined under the $2,040 and $2,020 assist ranges.

It examined the $1,980 zone. A low was shaped at $1,982 and the worth just lately tried a contemporary upward transfer. There was a transfer above the $2,020 stage. The worth examined the 50% Fib retracement stage of the latest decline from the $2,098 swing excessive to the $1,982 low.

Ethereum worth is now buying and selling under $2,020 and the 100-hourly Simple Moving Average. There may be additionally a connecting bearish development line forming with resistance at $2,040 on the hourly chart of ETH/USD.

On the upside, the worth appears to be dealing with hurdles close to the $2,040 stage. The subsequent key resistance is close to the $2,050 stage and the 61.8% Fib retracement stage of the latest decline from the $2,098 swing excessive to the $1,982 low. The primary main resistance is close to the $2,095 stage.

Ethereum Price
Supply: ETHUSD on TradingView.com

A transparent transfer above the $2,095 resistance may ship the worth towards the $2,150 resistance. An upside break above the $2,150 resistance may name for extra beneficial properties within the coming classes. Within the acknowledged case, Ether might rise towards the $2,250 resistance zone and even $2,320 within the close to time period.

Draw back Break In ETH?

If Ethereum fails to clear the $2,040 resistance, it might begin one other decline. Preliminary assist on the draw back is close to the $2,000 stage. The primary main assist sits close to the $1,980 zone.

A transparent transfer under the $1,980 assist may push the worth towards the $1,880 assist. Any extra losses may ship the worth towards the $1,820 assist stage within the close to time period. The subsequent key assist sits at $1,750.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is shedding momentum within the bearish zone.

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

Main Help Degree – $1,980

Main Resistance Degree – $2,040



Source link

Tags: BreakdownEthereumHorizonPriceStrugglesIs
Previous Post

Ethereum Breakdown, Analyst Eyes $1,130–$1,200 Price Target

Next Post

Bipartisan Crypto Bill To Fight Illegal Blockchain Activity Reintroduced in U.S. House

Next Post
Bipartisan Crypto Bill To Fight Illegal Blockchain Activity Reintroduced in U.S. House

Bipartisan Crypto Bill To Fight Illegal Blockchain Activity Reintroduced in U.S. House

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume?

Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume?

February 4, 2025
Layer-1 Blockchain Avalanche (AVAX) Announces $250,000,000 Token Sale Ahead of Upcoming Upgrade

Layer-1 Blockchain Avalanche (AVAX) Announces $250,000,000 Token Sale Ahead of Upcoming Upgrade

December 14, 2024
Bitcoin’s 10% weekly gain amid worrying US economic data shows crypto trader sentiment shift

Bitcoin’s 10% weekly gain amid worrying US economic data shows crypto trader sentiment shift

April 11, 2025

Recents

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

June 1, 2025
US opens door to retirement savers purchasing crypto tokens

US opens door to retirement savers purchasing crypto tokens

June 1, 2025
Vive le Bitcoin! French Football Giant Embraces BTC as Treasury Reserve

Vive le Bitcoin! French Football Giant Embraces BTC as Treasury Reserve

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version