Ethereum Price Analysis: ETH Tumbles 18% in 4 Days, Will Key Support Level Hold?

The market took a nosedive over the weekend, and now ETH is on a clear path to retest the $2,500 support. According to market data by CoinGecko, ETH has been down 4% over the past day and 18% since Thursday. Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 With a bearish cross on […]

ETH is Back Above $3,000: Is the Correction Over, and What Level to Watch? Ethereum Price Analysis

ETH has broken above $3,000 and appears poised to move even higher, ending the short-term downtrend. This comes less than two weeks since bottoming at $2160, according to Bitstamp. Key Support levels: $2,805, $2,500 Key Resistance levels: $3K, $3,400, $3,750 After a decent 2-day rally, ETH broke above the key resistance at $3,000 today. If […]

Ethereum Price Analysis: ETH Seen 20% Weekly Recovery, Is $3K Retest Next?

Ethereum managed to break above $2,600 after buyers took control of the short-term price action. Since recording a 6-month low on Monday ($2160), ETH recovered over 20%. Key Support levels: $2,550, $2,200 Key Resistance levels: $2,805, $3,000 ETH had seen a positive weekend so far, managing to break and daily close above the critical resistance […]

Ethereum Price Analysis: ETH Eyes Next Critical Support After Reaching 6-Month Low

The Friday crash had driven ETH below $2,500, wicking at $2,300 – a price not seen since July 2021. Key Support levels: $2,300, $2,000. Key Resistance levels: $2,500, $2,750, 3,000 This week’s market carnage was not kind to ETH, which recorded a daily close below $3,000 for the first time since the end of September. […]

Crypto Price Analysis Jan-21: Ethereum, Ripple, Cardano, Solana, and Polkadot

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polkadot. Ethereum (ETH) Last night, the significant market crash pushed ETH’s price under the critical support of $3,000, which will now act as resistance. Unfortunately, the loss of this crucial psychological level is a major blow to most market participants and sets […]