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Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive


by Parshwa Turakhiya
for CoinEdition
Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive

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  • Ethereum breaks above short term resistance inside a triangle, with bulls targeting the $3,477 to $3,566 zone.
  • Spot inflows turn positive with $71M entering the market as traders shift from distribution to accumulation.
  • Futures open interest jumps 7.7 percent, showing rising leverage and bullish positioning across major exchanges.

Ethereum price today trades near $3,070 after breaking above a descending trendline that has contained every rebound since late October. The move gives buyers a short term advantage inside a large symmetrical triangle structure, but overhead resistance from the EMA cluster and Supertrend ceiling continues to limit momentum.

Trendline Break Gives Bulls First Technical Win In Weeks

ETH Price Action (Source: TradingView)

The daily chart shows Ethereum pressing against a confluence of resistance levels. Price has reclaimed the $3,000 ps…

Read The Full Article Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive On Coin Edition.

Read the article at CoinEdition

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Coins

$ 3.07K

+8.67%

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In This News

Coins

$ 3.07K

+8.67%

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Ethereum Price Prediction: Sellers Drive Breakdown And EMAs Turn Into Resistance

Ethereum Price Prediction: Sellers Drive Breakdown And EMAs Turn Into Resistance

Ethereum price today trades near $2,837, falling more than 5 percent in the past 24 h...
Ethereum Price Breaks $3K as Fusaka Upgrade Goes Live Today: How High Can ETH Surge?

Ethereum Price Breaks $3K as Fusaka Upgrade Goes Live Today: How High Can ETH Surge?

Ethereum Price climbed above the $3,000 mark on Wednesday after posting a sharp 10% r...

Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive


by Parshwa Turakhiya
for CoinEdition
Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive

Share:

  • Ethereum breaks above short term resistance inside a triangle, with bulls targeting the $3,477 to $3,566 zone.
  • Spot inflows turn positive with $71M entering the market as traders shift from distribution to accumulation.
  • Futures open interest jumps 7.7 percent, showing rising leverage and bullish positioning across major exchanges.

Ethereum price today trades near $3,070 after breaking above a descending trendline that has contained every rebound since late October. The move gives buyers a short term advantage inside a large symmetrical triangle structure, but overhead resistance from the EMA cluster and Supertrend ceiling continues to limit momentum.

Trendline Break Gives Bulls First Technical Win In Weeks

ETH Price Action (Source: TradingView)

The daily chart shows Ethereum pressing against a confluence of resistance levels. Price has reclaimed the $3,000 ps…

Read The Full Article Ethereum Price Prediction: Triangle Breakout Attempts As Flows And Leverage Turn Positive On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.07K

+8.67%

Share:

In This News

Coins

$ 3.07K

+8.67%

Share:

Read More

Ethereum Price Prediction: Sellers Drive Breakdown And EMAs Turn Into Resistance

Ethereum Price Prediction: Sellers Drive Breakdown And EMAs Turn Into Resistance

Ethereum price today trades near $2,837, falling more than 5 percent in the past 24 h...
Ethereum Price Breaks $3K as Fusaka Upgrade Goes Live Today: How High Can ETH Surge?

Ethereum Price Breaks $3K as Fusaka Upgrade Goes Live Today: How High Can ETH Surge?

Ethereum Price climbed above the $3,000 mark on Wednesday after posting a sharp 10% r...