Ethereum Price Prediction: Can ETH Reclaim $2,380 After Steep Selloff?
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Ethereum (ETH) remains under pressure and is trading below key exponential moving averages (EMAs), indicating a dominant selling trend. Immediate resistance is between $2,020 and $2,030, which must be overcome for a potential trend reversal. Spot inflows of $600 million suggest accumulation, yet a strong resistance cap limits upward movement and creates uncertainty in market sentiment.
- ETH remains under pressure, trading below key EMAs, signaling sellers still dominate.
- Immediate resistance at $2,020–$2,030 must break to shift short-term momentum higher.
- Spot inflows spike $600M, hinting at accumulation, but strong resistance still limits upside.
Ethereum remains under pressure as price action continues to reflect a broader bearish structure on the 4-hour chart. Although ETH has stabilized near the $1,950 to $2,000 range, the recovery lacks conviction.
Sellers still control the trend, and momentum indicators show limited strength. Consequently, traders now focus on whether this consolidation marks a base or simply a pause before another leg lower.
Bearish Structure Keeps Pressure on Price
Ethereum peaked near $3,400 before entering a sustained decline marked by lower highs and lower lows. The breakdown below $2,600 accelerated downside m…
Read The Full Article Ethereum Price Prediction: Can ETH Reclaim $2,380 After Steep Selloff? On Coin Edition.
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$ 1.98K
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$ 1.99K
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Coins
$ 1.98K
-0.04%$ 1.99K
+0.41%Share:
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Ethereum Price Prediction: Can ETH Reclaim $2,380 After Steep Selloff?
Share:
Ethereum (ETH) remains under pressure and is trading below key exponential moving averages (EMAs), indicating a dominant selling trend. Immediate resistance is between $2,020 and $2,030, which must be overcome for a potential trend reversal. Spot inflows of $600 million suggest accumulation, yet a strong resistance cap limits upward movement and creates uncertainty in market sentiment.
- ETH remains under pressure, trading below key EMAs, signaling sellers still dominate.
- Immediate resistance at $2,020–$2,030 must break to shift short-term momentum higher.
- Spot inflows spike $600M, hinting at accumulation, but strong resistance still limits upside.
Ethereum remains under pressure as price action continues to reflect a broader bearish structure on the 4-hour chart. Although ETH has stabilized near the $1,950 to $2,000 range, the recovery lacks conviction.
Sellers still control the trend, and momentum indicators show limited strength. Consequently, traders now focus on whether this consolidation marks a base or simply a pause before another leg lower.
Bearish Structure Keeps Pressure on Price
Ethereum peaked near $3,400 before entering a sustained decline marked by lower highs and lower lows. The breakdown below $2,600 accelerated downside m…
Read The Full Article Ethereum Price Prediction: Can ETH Reclaim $2,380 After Steep Selloff? On Coin Edition.
In This News
Coins
$ 1.98K
-0.04%$ 1.99K
+0.41%Share:
In This News
Coins
$ 1.98K
-0.04%$ 1.99K
+0.41%Share:
Read More
Ethereum Price Prediction: ETH Holds $2,000 As BlackRock Reveals 18% Staking Fee