How is that #altsesaon going? For now confirming the extreme manipulation that exists in the market. $ETH , $BTC ...losing key support levels. Resistance comrades! 💪🏼💪🏼💪🏼
Current Trend: In the last 24 hours, Ethereum has shown a slight appreciation of 0.031%, standing at $2,841.10.
Supports and Resistances: Immediate support is around $2,800, while key resistance is near $2,900. A breakout above this resistance could drive the price towards $3,000.
Moving Averages: Short-term moving averages indicate a neutral trend, suggesting that the price may consolidate in the current range before a significant movement.
Technical Indicators: The RSI is at neutral levels, indicating a balance between buyers and sellers. The MACD shows convergence signals, pointing to a possible consolidation before a new trend.
Outlook for the Day:
Given the current analysis, it is likely that Ethereum will fluctuate between $2,800 and $2,900 during the day. A breakout above $2,900 could signal a bullish continuation, while a drop below $2,800 could indicate additional bearish pressure. Investors are advised to closely monitor these key levels.
$ETH has just reached a critical level. 🚩red zone is the area to watch. 📉 previous patterns suggest that area to seek liquidity before rebounding. Market completely manipulated. #ETH
Every time $BTC hits 100,000, $ETH sinks. Until the dominance of Bitcoin over altcoins changes, we will not see a wake-up. and I think it will take us time. #dominancebtc #ETH #BTC
The biggest liquidation in history?? How long have you been here, 2 years maybe??? 😅😅 poor creature you haven't seen anything...... when you think you are doing badly, remember that it can get worse...
I've been in the Crypto market for over 10 years, I've never seen so much market manipulation as now, just when governments and large financial institutions with their #ETFs are in. Very strong sales volumes right now. What can we expect? #ETH #BTC
Ethereum $ETH has experienced a notable decrease in its value recently. Currently, its price is 2,823.28 USD, with a drop of 300.03 USD (-9.61%) since the previous close. During the day, it reached a maximum of 3,157.75 USD and a minimum of 2,798.42 USD.
This downward trend can be attributed to several factors:
1. Underperformance against $BTC : Ethereum has shown inferior performance compared to Bitcoin, especially after the approval of spot Bitcoin ETFs in January 2024, which has diverted attention and capital towards Bitcoin.
$ETH The price has surpassed $3000, and even surpassed $3200 over the weekend. But the weekly trend line is down, if we break the resistance to the downside, we can see Ethereum at $2810, if it bounces there is a chance it will reach $3730, stay tuned. #Ethereum #ETH
After the massacre of $ETH yesterday, today we see numerous purchases, but with not a very large volume. We observe a daily resistance at 3200$. Will we surpass it? I don't think so. #DeepSeekImpact #ETH #Correction