Ethereum Price Prediction: Sellers Defend Trendline While ETH Struggles Near $3k
Share:
Ethereum remains below a descending trendline, trading near $2,960 with no signs of momentum recovery. Ongoing spot outflows and failed recovery attempts keep the near-term outlook bearish, reinforcing lower highs since October.
Predictions Markets
See what traders are focused on
- ETH remains below a dominant descending trendline, with Supertrend and CMF confirming bearish daily structure.
- Intraday price is compressing near $2,950, but RSI and SAR show no momentum recovery yet.
- Spot outflows persist despite large treasury accumulation, limiting near-term upside conviction.
Ethereum price today trades near $2,960 after another rejection from descending trendline resistance. The move keeps ETH pinned below key technical levels as sellers continue to defend rallies.
Descending Trendline Keeps Daily Structure Bearish
On the daily chart, Ethereum remains trapped beneath a downward-sloping trendline that has capped price since October. Each recovery attempt has failed below this level, preserving the sequence of lower highs. The most recent bounce stalled near $3,200, well below the trendline and the S…
Read The Full Article Ethereum Price Prediction: Sellers Defend Trendline While ETH Struggles Near $3k On Coin Edition.
In This News
Coins
$ 1.82K
+2.01%
$ 1.82K
+2.09%Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 1.82K
+2.01%$ 1.82K
+2.09%Predictions Markets
See what traders are focused on
Share:
Read More
Ethereum Price Prediction: Can ETH Extend Its Rally Toward $1,955?
