Ethereum (ETH) Price Prediction: ETH Slips Below Key Support
- Ethereum price today trades near $4,031 after breaking below the $4,239–$4,360 EMA support cluster.
- Net outflows of $175M show profit-taking, but exchange balances drop to nine-year lows at 14.8M ETH.
- Long-term supply squeeze supports a bullish thesis, with upside targets at $4,712 and $5,000.
Ethereum price today is trading near $4,031, slipping almost 3% after losing the $4,239–$4,360 support cluster. The breakdown has put sellers in control, though shrinking exchange supply and long-term accumulation trends suggest the downside may be limited.
Ethereum Price Breaks Below EMA Support
Ethereum daily chart shows ETH falling below the 20- and 50-day EMAs, which are now acting as resistance near $4,239 and $4,360. Price has also dipped beneath the ascending trendline that supported the rally since July…
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Ethereum Faces $4,000 Test as Trader Burns Through $44 Million in 40 Days
Ethereum Nears $4,000 Base While Exchange Balances Slide to 14.8 Million ETH
Ethereum (ETH) Price Prediction: ETH Slips Below Key Support
- Ethereum price today trades near $4,031 after breaking below the $4,239–$4,360 EMA support cluster.
- Net outflows of $175M show profit-taking, but exchange balances drop to nine-year lows at 14.8M ETH.
- Long-term supply squeeze supports a bullish thesis, with upside targets at $4,712 and $5,000.
Ethereum price today is trading near $4,031, slipping almost 3% after losing the $4,239–$4,360 support cluster. The breakdown has put sellers in control, though shrinking exchange supply and long-term accumulation trends suggest the downside may be limited.
Ethereum Price Breaks Below EMA Support
Ethereum daily chart shows ETH falling below the 20- and 50-day EMAs, which are now acting as resistance near $4,239 and $4,360. Price has also dipped beneath the ascending trendline that supported the rally since July…
Read The Full Article Ethereum (ETH) Price Prediction: ETH Slips Below Key Support On Coin Edition.
Read More
Ethereum Faces $4,000 Test as Trader Burns Through $44 Million in 40 Days