Ethereum Price Prediction: Macro Demand Zone In Play As Sellers Reject Every Rally
- Ethereum trades near $3,392, sitting on the critical $3,320–$3,210 demand zone as sellers reject every bounce from trendline resistance.
- Spot and derivatives data show risk reduction, with repeated outflows and declining open interest signaling weak conviction from buyers.
- A close below $3,210 exposes $3,000, while reclaiming the 200-day EMA at $3,594 is needed to flip momentum back toward $3,900.
Ethereum price today trades near $3,392, holding just above a critical demand zone between $3,320 and $3,210 that has acted as the last defense for buyers since August. Price failed to reclaim the daily trendline that guided the prior advance, keeping pressure on buyers while derivatives positioning shows risk reduction rather than accumulation.
Sellers Hold Control As Spot Distribution Stays Elevated
According to CoinGlass, …
Read The Full Article Ethereum Price Prediction: Macro Demand Zone In Play As Sellers Reject Every Rally On Coin Edition.
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Ethereum Price Outlook: Struggling to Reclaim Broken Trendline as Long Positions Build
Ethereum Price Prediction: Macro Demand Zone In Play As Sellers Reject Every Rally
- Ethereum trades near $3,392, sitting on the critical $3,320–$3,210 demand zone as sellers reject every bounce from trendline resistance.
- Spot and derivatives data show risk reduction, with repeated outflows and declining open interest signaling weak conviction from buyers.
- A close below $3,210 exposes $3,000, while reclaiming the 200-day EMA at $3,594 is needed to flip momentum back toward $3,900.
Ethereum price today trades near $3,392, holding just above a critical demand zone between $3,320 and $3,210 that has acted as the last defense for buyers since August. Price failed to reclaim the daily trendline that guided the prior advance, keeping pressure on buyers while derivatives positioning shows risk reduction rather than accumulation.
Sellers Hold Control As Spot Distribution Stays Elevated
According to CoinGlass, …
Read The Full Article Ethereum Price Prediction: Macro Demand Zone In Play As Sellers Reject Every Rally On Coin Edition.
Read More
Ethereum Price Prediction. Stablecoin Inflows And OI Surge Fuel Rebound From Key Demand Zone