Get started

Ethereum (Cryptocurrency)

ETH buy setup (1H)In lower timeframes, Ethereum seems to be preparing for a bullish move. It has been consolidating in a range for some time. Considering it has accumulated buy orders below support 1, we expect an upward move. As long as the green zone is held, it can move toward the red zone. Closing a 4-hour candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
4
Breaking: Ethereum’s Pectra Update Scheduled for February 2025Ethereum, the world’s leading blockchain for decentralized applications, is poised for another groundbreaking upgrade. The Pectra update, scheduled for February 2025, promises to revolutionize the user experience, bolster network efficiency, and redefine how developers and users interact with the Ethereum ecosystem. Here, we delve into both the technical and fundamental aspects of this highly anticipated upgrade. Overview of the Pectra Update Key Objectives: - Usability: Pectra addresses critical barriers to on-chain app adoption, such as high transaction fees and wallet complexity. - Scalability: Enhancements will allow the network to handle increased demand without compromising performance. - Security: Robust updates will fortify Ethereum against evolving threats, ensuring a secure environment for all participants. Notable Features and Enhancements: 1. Gas Fee Payment Flexibility: Users can pay transaction fees using any cryptocurrency, including stablecoins. 2. Account Abstraction (ERC-4337): This feature simplifies wallet management, making Ethereum more accessible to non-technical users. 3. Biometric Authentication: Integration of Apple’s FaceID and TouchID for transaction approvals ensures a seamless and secure user experience. 4. Enhanced Staking Mechanisms: The staking limit increases to 2048 ETH, improving resource efficiency and scalability while attracting institutional participation. 5. Verkle Trees (EIP-2935): A significant upgrade that minimizes data storage requirements, fostering greater decentralization and validator participation. Technical Analysis of Ethereum (ETH) As of this writing, Ethereum is trading at a bullish trajectory, up 2.25% and showing strong momentum. The following technical indicators provide a deeper insight: Relative Strength Index (RSI): - Current RSI: 66 (Bullish Zone) - The RSI indicates strong upward momentum, suggesting continued growth in the short term. Price Levels: - Support Levels: $3,000 (psychological support) and $2,800 (1-month low and Fibonacci retracement level) Volume Trends: - Increasing trade volumes accompany the current price rally, reinforcing the bullish outlook. The Synergy of Fundamentals and Technicals The Pectra update is a significant catalyst for Ethereum’s long-term growth. By merging Prague and Electra—two updates initially slated for late 2025—Ethereum accelerates its roadmap while delivering a more cohesive upgrade. This consolidation reflects the network’s commitment to efficiency and innovation. On the technical front, Ethereum’s robust price action aligns with market optimism surrounding the Pectra update. Enhanced staking flexibility and account abstraction are likely to attract new users and institutional investors, potentially driving ETH prices higher. Conclusion The Ethereum Pectra update is a pivotal moment in the blockchain’s evolution, combining innovative features with technical advancements to create a user-friendly, scalable, and secure platform. As February 2025 approaches, market participants should watch for: - Continued bullish momentum in ETH prices - Potential retracements to key support levels for accumulation opportunities - Broader adoption of Ethereum’s enhanced ecosystem Ethereum’s trajectory remains upward, with Pectra set to unlock new horizons for decentralized applications and blockchain technology. Whether you’re a developer, investor, or enthusiast, the Pectra update marks a transformative step toward a more inclusive and efficient Web3 future.
COINBASE:ETHUSDLong
by DEXWireNews
Next target for ETH!BINANCE:ETHUSDT Ethereum has formed an ascending triangle which is a bullish pattern, but we see no break out. that means the price has no confirmation of a bullish movement. however when it happens, the price shall increase to 3700$ easily. ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨
Long
by CRYPTONIC_trend
Ethereum and the Path to More Gain in Crypto TradingHello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Ethereum , 📚🎇 Ethereum is considered a stable and secure investment in crypto, thanks to its predictable price movements and lower volatility compared to many altcoins. Its price often mirrors Bitcoin, adding a layer of market stability. As one of the largest cryptocurrencies by market cap, Ethereum attracts significant institutional interest and boasts a rapidly growing network. 📚🎇Historical returns of at least 26% suggest strong potential, especially as it hasn’t yet reached its all-time high. While Ethereum offers solid growth prospects, investors should set realistic goals, diversify, and regularly assess the market to manage risk and maximize returns. 🎇📚 🧨 Our team's main opinion is: 🧨 Ethereum offers stability, strong growth potential, and institutional interest, with realistic targets and diversification key to optimizing returns. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Long
by MadWhale
1
Ethereum Eth usd daily analysis Time frame 4hours Risk rewards ratio =2 👈👌 Technical analysis 👇👇 As you can see in the chart, Ethereum has formed a double top(peak) pattern. The distance from the top to the bottom has dropped by about 14%. So, according to the double top pattern, we should have the same amount of drop from the bottom of the second peak. -14%again. This Ethereum price decline has ended with a support level. (Dark blue box ) 👉Which is a very important point.👈 On the other hand, according to Elliott wave counting, the 3-point correction wave has also ended and Ethereum is starting an impulse wave. ✔️ There is also news about the start of the Alt-Season, and we know that one of the factors for the start of the Alt-Season is negative sentiment towards the market.📉📉 and now most analysts and traders expect a price decline, which can be good news for buyers.👌👍
COINBASE:ETHUSDLong
by Habib-Tafazoli
Phemex Analysis #48: How to Trade Ethereum like a Pro Trader. Ethereum ( PHEMEX:ETHUSDT.P ) has been on a rollercoaster ride recently, with its price declining from a high of $4,112 to a low of $3,100. After this significant drop, the market seems to be finding its footing, with ETH now trading around the $3,400 mark. Traders are closely watching the charts to determine the next big move. Here’s a breakdown of the possible scenarios and how they might unfold: The Calm Before the Storm: Consolidation Phase At present, ETH appears to be consolidating within a range, oscillating between $3,550 and $3,215. This phase of sideways movement often reflects indecision in the market as buyers and sellers battle for control. For traders, this is a time to exercise patience. A breakout from this range—either upward or downward—will likely set the tone for ETH’s next major trend. If ETH continues to consolidate, it’s essential to avoid jumping into trades prematurely. Instead, wait for a decisive breakout beyond $3,550 or below $3,215 before making any trading decisions. Consolidation can be frustrating for momentum traders, but it also provides an opportunity to prepare for the next big move. Scenario 1: The Bulls Charge Ahead A bullish breakout above $3,550 could signal that Ethereum is regaining its upward momentum. Such a move would likely need to be accompanied by high trading volume to confirm its strength. If this happens, traders may consider entering long positions. However, it’s important to keep an eye on key resistance levels. The $4,100 mark looms as a significant barrier where selling pressure could intensify. This level represents the previous high before ETH’s recent decline and could act as a psychological hurdle for buyers. As such, taking partial profits near $4,100 might be a prudent strategy to lock in gains while reducing exposure to potential reversals. Scenario 2: The Bears Take Control On the flip side, if ETH breaks below $3,215 with high volume, it could indicate renewed bearish pressure. In this case, the price might test the recent low of $3,100 or even dip further into the $3,000 zone. For long-term investors or those looking for value entries, this could present an opportunity to buy ETH at a discounted price. However, caution is warranted if ETH drops below the critical $3,000 level. A break below this psychological threshold could signal deeper weakness in the market and might suggest staying out until signs of stabilization or recovery emerge. Navigating Uncertainty: A Professional Trader’s Mindset The current state of ETH/USDT highlights the importance of adaptability in trading. Whether the market consolidates further or breaks out in either direction, having a clear plan is crucial. Here are some key takeaways for navigating these scenarios: (I) During consolidation: Stay patient and avoid overtrading. Wait for clear signals before committing capital. (II) In case of a bullish breakout: Watch for volume confirmation and manage risk by setting stop-loss orders and taking profits near resistance levels. (III) If bearish momentum takes over: Look for buying opportunities near support levels but remain cautious if prices fall below critical thresholds like $3,000. By preparing for multiple scenarios and staying disciplined in execution, traders can position themselves to capitalize on Ethereum’s next big move while managing risk effectively. As always in trading: plan your trade and trade your plan! Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
Short-term uptrend conversion zone: 3438.16-3472.21 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) In any case, the key is whether it can receive support and rise near the important support and resistance zone of 3265.0-3321.30. In order to turn into a short-term uptrend, the price must rise above 3438.16-3472.21 and maintain it. Therefore, when it shows support around 3265.0-3321.30 or around 3438.16-3472.21, it is the time to buy. If it falls below the M-Signal indicator of the 1W chart, it is likely to meet the M-Signal indicator of the 1M chart, so you should also consider a response plan for this. - As I mentioned in the BTC analysis, since USDT is currently maintaining a gap downtrend, it is not strange for the coin market to show a decline at any time. Therefore, I think it is better to make a full-scale purchase when USDT turns into a gap uptrend. For now, I think it is better to respond in the short term and increase the number of coins (tokens) corresponding to the profit. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - ​​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 following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase 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 do not 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. That 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 and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, 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
#Ethereum $ETHUSD One year analysis.CRYPTO:ETHUSD Key Levels: 1. 4500 = Nearest major supply & 12 month target. 2. 4105 = Last year's high. 3. 2700 = Closest majot demand. Analysis: CRYPTO:ETHUSD is currently trading slightly below the 2024 high of approximately $4105. This level has broken above March's high around $4090, therefore it is no longer valid and must be cleared for ETH to reach a new all time high above the upper channel wedge. The current uptrend appears to be losing momentum. For a resumption of the bullish trend, a period of price consolidation near the lower wedge of the current channel, around the $2700 demand zone, may be required to gather momentum. Conclusion, A retest of the $2700 level may provide a very favorable buying opportunity. #AhmedMesbah #Ethereum #ETH #ETHUSD #ETHANALYSIS #CRYPTO #CRYPTOCURRENCY #ETHCOIN #SUPPLYANDDEMAND
CRYPTO:ETHUSD
by AhmedMesbah
2
Ethereum 4-Hour Analysis: Ascending Triangle Points to a BullishWhat’s Happening with Ethereum? The trend is BULLISH, and we’re seeing a triangle pattern that could be the key to our next big trade. Let me break down my strategy so you can take full advantage of this move! My Strategy: Pattern Identification: We’ve spotted an ascending triangle on the 4-hour chart with a key resistance at $3,472. Entry (Buy Limit) $3,472: If the price breaks this resistance with strength, we’ll place a buy order and aim for $3,878. Risk Management: To protect ourselves from unexpected reversals, we’ll set a Stop-Loss at $3,095. Key Confirmation: We’ll only enter if there’s increasing volume to avoid false breakouts. Why This Strategy? An ascending triangle like this often signals a continuation of the bullish trend. With solid risk management, we’re aiming for a strong risk/reward ratio while staying aligned with the market’s momentum. Disclaimer: This content is for informational and educational purposes only. It is not financial advice. Always do your own research and consult with a licensed financial advisor before making any investment or trading decisions. Trading involves significant risk, and past performance is not indicative of future results.
BINANCE:ETHUSDLong
by FXOnTop
1