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Ethereum (Cryptocurrency)

Ethereum: Testing Resistance Before Pulling Back to Key Support hello guys! let's analyze eth Looking at the chart, there are two main levels to focus on for the next potential moves. Price Action to the Gray Area: Ethereum is likely the first to approach the gray resistance zone between $2,754.35 and $2,783.26. This zone is an important area to watch because it has acted as resistance in the past. Given that the price has been trending upward, it seems likely that the price will test this level before any major retracement. The price might reach slightly above the gray zone, tapping $2,783.26, but it’s unlikely to break above it immediately unless there’s a strong catalyst driving the market further. Price Pullback to the Blue Support Zone: After testing the gray resistance area (and possibly slightly exceeding it), Ethereum will likely face a pullback. The blue support region, starting around $2,669.90, is a key level that could provide strong buying interest. The price will likely retrace toward the blue region after encountering resistance at the gray zone. This could be a perfect setup for buyers to re-enter at lower levels, potentially leading to a bounce from the blue support area. Conclusion: The most probable scenario is that Ethereum will first test the gray resistance zone around $2,754.35 to $2,783.26, and then, after facing some resistance, it will pull back to the blue support zone around $2,669.90. This is a common pattern where the market hits a resistance zone and then corrects to a key support level before deciding on the next move. Keep an eye on the price action around the gray area; if it doesn’t break above, the price should reach the blue support soon after.
Short
by melikatrader94
9
24/02/25 Weekly outlookLast weeks high: $99,474.13 Last weeks low: $93,399.17 Midpoint: $96,436.65 Fear & Greed Index: 49 Despite dull price action there is never a dull moment in crypto... BYBIT exchange was the victim of the largest crypto hack in history with $1.4B worth of ETH being stolen. How does this event relate to price? On the grand scheme of things not much, which is surprising but what this sell-off does in terms of structure could be much more harmful IMO. Just as ETH broke through a key S/R level of $2780 the hack occurred sending ETH back under that level and a market sell off due to fear and risking-off. Had Ethereum accepted above that key level structurally the setup looked primed for a move to $3200. Not only that but BTC has broken above weekly high and looked to flip the 4H 200 EMA. These levels are so important to both coins and the timing of the hack cannot be understated. Looking at this weeks chart we find ourselves in the same spot for the 3rd week in a row, $96,000 has been the starting point and midpoint emphasizing the choppy nature of the market and compression of price. The question is which way will BTC expand once this trend breaks, to the upside or to the downside?
by ProR35
#ETH/USDT#ETH The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 2660 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 2694 First target 2735 Second target 2773 Third target 2828
BINANCE:ETHUSDLong
by CryptoAnalystSignal
#ETH/USDT#ETH The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 2660 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 2694 First target 2735 Second target 2773 Third target 2828
BINANCE:ETHUSDLong
by CryptoAnalystSignal
Ethereum (ETH): Still Holds Bullish Trend Line!We had some choppy moves on Ethereum recently thanks to the Bybit hack. Nevertheless, that dip got bought up very quickly and buyers are still maintaining the local support zone, which is a very strong one, as we have talked previously. Combined with EMAs sitting at that area, this is a good buying zone for sure. Now the current weekly candle is showing some weakness but we are not going to judge yet as it is just the start of the week!! P.S. As long as we are above EMAs, we are good for long! Swallow Team
Long
by SwallowAcademy
4
Ethereum. Resistance, Resilience, and the Road AheadFirst resistance for Ethereum 3000$! This is the beginning of a great journey, the key level for the near future is to overcome 3k. A large number of people have been liquidated and capitulated. I hear more and more often that Ethereum is dead and people are disappointed in it. Except that of all the top assets Ethereum is the only one that hasn't been played by a market maker and there is a lot of liquidity flowing into it. The imminent adoption of staking ETFs only sets the stage for a good future. Horban Brothers.
CRYPTO:ETHUSDLong
by horbanbrothers
ETH consolidation, The Week Ahead 24 Feb ‘25The Ethereum (ETHUSD) price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 3,070, 200 Day Moving Average level. An oversold rally from the current levels and a bearish rejection from the 3,0700 level could target the downside support at 2,500 followed by 2,340 and 2,190 levels over the longer timeframe. Alternatively, a confirmed breakout above 3,070 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 3,310 resistance followed by 3,460 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:ETHUSD
by TradeNation
ETHEREUM - Time to buy again!In my opinion, Ethereum is really undervalued in terms of price. My price target for Ethereum is $7000. As you can see, the price is in an ascending triangle, This is something that cannot be easily ignored. We can hope that in the year, Ethereum's price could at least double from its current value. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
COINBASE:ETHUSDLong
by CobraVanguard
16
ETHUSDT (CME) analysis (4H)This is the Ethereum CME chart. As you can see, there is a gap around the 3236 level. Given the bearish trend in Bitcoin dominance, there is a possibility that this gap will be filled before a drop. If the gap is filled before the drop, Ethereum could move back toward lower levels. Let's see what happens. It's the weekend, and volumes are low. The market has been ranging for a while, pumping and dumping without a clear trend. Don't trade without stop-loss and risk management, and avoid emotional trading Comment if you have any questions Thank You
CME:ETH1!
by behdark
The key is whether it can rise above 2879.90 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1M chart) In order to turn into an uptrend, the price must rise above the M-Signal indicator on the 1M chart and maintain it. In order for a full-scale uptrend to begin, the price must rise above 3321.30 and maintain it. - (1W chart) The key is whether it can maintain the state where the M-Signal on the 1W chart > the M-Signal on the 1M chart. To do that, we need to check if it can rise to around 3265.0. - (1D chart) Since the HA-Low indicator on the 1D chart was formed at 2646.89, the key is whether it can be supported around this area and rise above the original range. - If not, we need to check if it can be supported around 2316.10. Unlike the StochRSI indicator on the BTC chart, it is still in the overbought zone. Accordingly, the point of interest is whether it can maintain the price by rising above the M-Signal indicator on the 1D chart after the next fluctuation period, around February 24 (February 23-25). It is important to be able to rise along the long-term upward trend line (1). -------------------------------------- The indicators that can tell the trend on this chart are the Trend Cloud indicator and the M-Signal indicator on the 1D, 1W, and 1M charts. Therefore, you should first check whether the price is maintained or falling above these indicators and create a trading strategy accordingly. When starting a trade with the trading strategy created in this way, you should check whether there is support near the HA-Low, HA-High, BW(0), and BW(100) indicators or at the support and resistance points and find the trading point. - Please refer to the indicator description below for indicators that can help you check whether there is support. Heikin Ashi Line chart rises, USDT.D Line chart falls, StochRSI rises: The price is likely to rise Heikin Ashi Line chart falls, USDT.D Line chart rises, StochRSI falls: The price is likely to fall The rest are likely to show volatility, so be careful when trading. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been in an upward trend since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support or resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Pi The Hottest Crypto on the Block! Future Price SpeculationPi is a cryptocurrency that has taken the crypto markets by shock. It has been getting slammed by calling it a scam or even a Ponzi scheme. From my research I couldn’t find where this speculation came from, since it doesn’t ask for money, yet it might take some user data to fund the server of the app through its ad feature that could be turned off for two weeks. Speculation of a double digit, triple digit, or even the famous 300k per a pi is unrealistic at this current time or is it? Well, double digit is most likely, but it’s very slim unless I don’t see the full picture. To hit $50-$60 with current supply and not fully diluted supply, would make Pi worth more than Ethereum which is unlikely unless Pi is bigger in Africa and Asia than we expect. Pi is an XLM fork which is a fork of XRP. The max supply of Pi would be closer to XRP, but how it functions is closer to XLM. It uses an XLM protocol of trust and security mining. When you hit mine, it sends it to a node to verify that press and transaction. A lot of transactions on the network also go through the super nodes, yet those are few since Pi is also a centralized coin. How centralized is it? Well, to move your Pi from your mining to your wallet you must perform a KYC. This helps bots, but also it creates an environment where if any criminal activity is found it can ban your wallet. Also, the process to become a super node, the Pi core team has approved you. Trading this coin? At the current price of Pi, I’ve given it a trading range of 0.63399-0.74111. It’s super early, but a mining rate for me of 0.08 with running a node and having 1 person it says I make about 3cents usd every hour. There isn’t a lot of new Pi coming into the market, besides the initial dump. There’s one problem now that could hult upward movement and that’s the US and UK have no exchanges that accept deposits or withdrawals. That’s a lot of Pi that can’t be sold or traded. A US and UK exchange to allow this could bring the price down to a new low of 0.50 or 0.40. At the moment in the US you can buy on HiBT and PionexUS, but can't deposit or withdraw. Final thoughts? -Pi has been slammed for years and now its out and hasn’t rugged, proves this project might be here to stay. -Pi’s value is unknown without further knowledge of how widely used it is in places like Africa and Asia. Social media videos show its thriving and its followers on social media surpass top cryptocurrencies social media follower counts. There hasn’t been a big name backing this project yet. It is posted on Sandford as a sponsor, but that's where the founders went to school. -Price range is 0.63399-0.74111 with 0.5-0.4 could come if US and UK sellers come in. I personally expected it to 0.20 for me with me mining a $0.01 an hour. -There could be a moon rocket due to the amount of Pi that isn’t available to trade and not enough new Pi that is coming in the market. Overall I’m bullish and with my Pi I mine, 3700+, I bought 1000+ more on Pi due to the supply shortage that could happen.
Long
by nathanielx9
ETH 1D Ethereum has been very disappointing so far this cycle, but the chart on the daily is beginning to look much better than it has in recent weeks. For me a key level is the $2780 area, acceptance above puts ETH back into the midsection off this rangebound environment with a look to reach the next key level at $3200. To get there the 1D 200 EMA will be the first area of obvious resistance around the big even level of $3000. A rejection off the $2780 I could see a move to backfill the daily wick towards the local bottom, if that were the case it would be because BTC has rolled over and lost its $91K support.
by ProR35
Ethereum’s Next Parabolic Move: Aiming for $18,000?Ethereum (ETH) has historically followed a strong cyclical pattern, marked by key breakout points and corrections. This chart suggests that ETH is currently consolidating and could be preparing for its next major move. Based on Fibonacci extensions and historical price action, Next targets (TP1: ~$7,245 and TP2: ~$17,884) indicate a potential parabolic rally in the coming year. Could we see a repeat of the 2021 bull run? Let's see.
COINBASE:ETHUSDLong
by Yoenski