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Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead


by Vignesh Karunanidhi
for CoinEdition
Ethereum Eyes $4,000 But Correction May Come First
  • Michaël van de Poppe predicts ETH correction before breaking $4,000 resistance.
  • Historical patterns show a 25% pullback following an 80% rally in 30 days.
  • Ethereum has posted 56.7% monthly gains while outperforming Bitcoin in Q3 trading.

Cryptocurrency analyst Michaël van de Poppe has warned that Ethereum faces crucial resistance around $4,000 that has held for several years, predicting a correction before any decisive breakout occurs. His analysis suggests ETH will not penetrate this psychological barrier on the first attempt, instead requiring a dip to accumulate liquidity from long positions.

Van de Poppe’s assessment identifies the correction as essential for gathering fuel for subsequent upward movement. He emphasizes that any dip toward lower levels presents optimal accumulation opportunities for investors seeking exposure to Ethereum’s longer-term appreciation potential.

The post Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead appeared first on Coin Edition.

Read the article at CoinEdition

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How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

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Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead


by Vignesh Karunanidhi
for CoinEdition
Ethereum Eyes $4,000 But Correction May Come First
  • Michaël van de Poppe predicts ETH correction before breaking $4,000 resistance.
  • Historical patterns show a 25% pullback following an 80% rally in 30 days.
  • Ethereum has posted 56.7% monthly gains while outperforming Bitcoin in Q3 trading.

Cryptocurrency analyst Michaël van de Poppe has warned that Ethereum faces crucial resistance around $4,000 that has held for several years, predicting a correction before any decisive breakout occurs. His analysis suggests ETH will not penetrate this psychological barrier on the first attempt, instead requiring a dip to accumulate liquidity from long positions.

Van de Poppe’s assessment identifies the correction as essential for gathering fuel for subsequent upward movement. He emphasizes that any dip toward lower levels presents optimal accumulation opportunities for investors seeking exposure to Ethereum’s longer-term appreciation potential.

The post Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand

SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand

SharpLink Gaming, which had maintained a calm demeanour after its Ethereum accumulati...
How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

How Much of Ethereum’s Supply Is Lost Forever? Here’s the Amount That Must Be Excluded When Calculating Supply

How much of the supply of Ethereum, the largest altcoin, is lost forever? Here's the ...