Ethereum Price Prediction: Sellers Drive Breakdown And EMAs Turn Into Resistance
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- Ethereum falls over 5 percent as sellers break the recovery channel and reclaim short-term control.
- Price stays below all major EMAs after losing the long-term trendline, keeping the broader structure bearish.
- Open interest slips and spot outflows rise again, signaling reduced leverage and weak buyer commitment.
Ethereum price today trades near $2,837, falling more than 5 percent in the past 24 hours as sellers force a clean rejection from the short-term recovery channel. The drop pushes ETH back toward the lower Bollinger Band and confirms that momentum remains with the downside after a failed attempt to reclaim the 20 day EMA.
Spot Outflows Resume As Market Pulls Back
Coinglass data shows $39.31 million in outflows on December 1. While lighter than Bitcoin’s broad distribution, the trend reflects consistent selling pres…
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Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive
Ethereum (ETH) Bulls Are Excited! They're Most Interested in This Price!
Ethereum Price Prediction: Sellers Drive Breakdown And EMAs Turn Into Resistance
Share:
- Ethereum falls over 5 percent as sellers break the recovery channel and reclaim short-term control.
- Price stays below all major EMAs after losing the long-term trendline, keeping the broader structure bearish.
- Open interest slips and spot outflows rise again, signaling reduced leverage and weak buyer commitment.
Ethereum price today trades near $2,837, falling more than 5 percent in the past 24 hours as sellers force a clean rejection from the short-term recovery channel. The drop pushes ETH back toward the lower Bollinger Band and confirms that momentum remains with the downside after a failed attempt to reclaim the 20 day EMA.
Spot Outflows Resume As Market Pulls Back
Coinglass data shows $39.31 million in outflows on December 1. While lighter than Bitcoin’s broad distribution, the trend reflects consistent selling pres…
Read The Full Article Ethereum Price Prediction: Sellers Drive Breakdown And EMAs Turn Into Resistance On Coin Edition.
In This News
Coins
Share:
In This News
Coins
Share:
Read More
Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive