Ethereum Price Prediction: Can Buyers Break Resistance And Finally Flip The Downtrend?
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- ETH rebounds from $2,525 but still trades inside a steep descending channel.
- Buyers face a major test at $2,947 as compressed EMAs and trendline resistance block upside.
- Rising open interest shows aggressive long positioning, increasing volatility if ETH fails to clear $3,000.
Ethereum price today trades near $2,870, recovering from last week’s flush into the $2,525 liquidity pocket. The bounce has lifted short term momentum, but the broader structure still leans bearish as ETH trades inside a steep descending channel with sellers defending every retest of the upper boundary.
Rebound Lifts ETH Into The Upper Channel But Structure Remains Heavy
ETH’s recovery from $2,525 has pushed price back toward the midline of the descending channel that has guided every leg lower since September. The reaction shows buyer…
Read The Full Article Ethereum Price Prediction: Can Buyers Break Resistance And Finally Flip The Downtrend? On Coin Edition.
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Coins
$ 2.80K
-0.26%
$ 2.79K
-0.36%Share:
In This News
Coins
$ 2.80K
-0.26%$ 2.79K
-0.36%Share:
Read More
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Ethereum Price Prediction: Can Buyers Break Resistance And Finally Flip The Downtrend?
Share:
- ETH rebounds from $2,525 but still trades inside a steep descending channel.
- Buyers face a major test at $2,947 as compressed EMAs and trendline resistance block upside.
- Rising open interest shows aggressive long positioning, increasing volatility if ETH fails to clear $3,000.
Ethereum price today trades near $2,870, recovering from last week’s flush into the $2,525 liquidity pocket. The bounce has lifted short term momentum, but the broader structure still leans bearish as ETH trades inside a steep descending channel with sellers defending every retest of the upper boundary.
Rebound Lifts ETH Into The Upper Channel But Structure Remains Heavy
ETH’s recovery from $2,525 has pushed price back toward the midline of the descending channel that has guided every leg lower since September. The reaction shows buyer…
Read The Full Article Ethereum Price Prediction: Can Buyers Break Resistance And Finally Flip The Downtrend? On Coin Edition.
In This News
Coins
$ 2.80K
-0.26%$ 2.79K
-0.36%Share:
In This News
Coins
$ 2.80K
-0.26%$ 2.79K
-0.36%Share:
Read More
ETH Price Charts: Experts’ Insights on Whether the Bottom is In or Not