Ethereum Price Prediction: Analysts Eye $4,250 Recovery As BitMine Accumulate $480M In ETH
- Ethereum price today hovers near $3,845 after rebounding from $3,600 support and 200-day EMA.
- On-chain flows show $112M inflows, while BitMine purchased $480M ETH across major exchanges.
- Analysts see $4,250 as the next key resistance, with $3,600 as critical support.
Ethereum (CRYPTO: ETH) price today is trading near $3,845, up 2.5% in the past 24 hours as buyers step back in following a steep correction. The rebound comes amid reports of large institutional purchases totaling nearly half a billion dollars in ETH and on-chain inflows turning positive after two days of heavy selling.
Ethereum Price Rebounds From Key Trendline Support
The daily chart shows Ethereum bouncing from a confluence of technical supports between $3,600 and $3,526, where the 200-day EMA aligns with the long-term ascending trendline. This zo…
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Ethereum Price Prediction: Analysts Warn $3,700 Retest Could Deepen As DeFi Proposal Adds Pressure
Ethereum Price Prediction: Analysts Eye $4,250 Recovery As BitMine Accumulate $480M In ETH
- Ethereum price today hovers near $3,845 after rebounding from $3,600 support and 200-day EMA.
- On-chain flows show $112M inflows, while BitMine purchased $480M ETH across major exchanges.
- Analysts see $4,250 as the next key resistance, with $3,600 as critical support.
Ethereum (CRYPTO: ETH) price today is trading near $3,845, up 2.5% in the past 24 hours as buyers step back in following a steep correction. The rebound comes amid reports of large institutional purchases totaling nearly half a billion dollars in ETH and on-chain inflows turning positive after two days of heavy selling.
Ethereum Price Rebounds From Key Trendline Support
The daily chart shows Ethereum bouncing from a confluence of technical supports between $3,600 and $3,526, where the 200-day EMA aligns with the long-term ascending trendline. This zo…
Read The Full Article Ethereum Price Prediction: Analysts Eye $4,250 Recovery As BitMine Accumulate $480M In ETH On Coin Edition.
Read More