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ETH Bulls Crushed as Price Drops Below Crucial Level


by Olivia Stephanie
for CryptoPotato
ETH Bulls Crushed as Price Drops Below Crucial Level

TL;DR

  • ETH lost $4,100 support, triggering fears of further downside toward the $2,750 level.
  • MVRV bands suggest $4,840 must break to confirm recovery; failure risks deeper correction.
  • Price action mirrors 2020 fractal, but bulls must reclaim resistance to avoid extended pullback.

Ethereum Slips Below Crucial Support Zone

Ethereum (ETH) has dropped below the key $4,100 level, breaking down from its recent range and putting bullish momentum on pause. The move follows a sharp correction of nearly 20% over the past two weeks. At the time of writing, ETH trades around $3,900, marking a weekly decline of over 12%.

Read the article at CryptoPotato

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ETH Bulls Crushed as Price Drops Below Crucial Level


by Olivia Stephanie
for CryptoPotato
ETH Bulls Crushed as Price Drops Below Crucial Level

TL;DR

  • ETH lost $4,100 support, triggering fears of further downside toward the $2,750 level.
  • MVRV bands suggest $4,840 must break to confirm recovery; failure risks deeper correction.
  • Price action mirrors 2020 fractal, but bulls must reclaim resistance to avoid extended pullback.

Ethereum Slips Below Crucial Support Zone

Ethereum (ETH) has dropped below the key $4,100 level, breaking down from its recent range and putting bullish momentum on pause. The move follows a sharp correction of nearly 20% over the past two weeks. At the time of writing, ETH trades around $3,900, marking a weekly decline of over 12%.

Read the article at CryptoPotato

Read More

Top Ripple (XRP) Price Predictions, Cardano’s (ADA) Next Targets, and More: Bits Recap September 26th

Top Ripple (XRP) Price Predictions, Cardano’s (ADA) Next Targets, and More: Bits Recap September 26th

Here's everything most interesting surrounding XRP, ADA, and ETH.
3 Reasons Ethereum’s (ETH) Bull Run Isn’t Over Yet

3 Reasons Ethereum’s (ETH) Bull Run Isn’t Over Yet

It appears that some whales have taken advantage of the recent price pullback to accu...