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CATEGORY: ethereum down


Aug 05, 2022 09:23

Ethereum Price can STILL CRASH to $1,000 if THIS Happens!

In this article, we're going to analyze why is Ethereum price down and what will make Ethereum crash to $1,000 again.

Apr 05, 2022 07:10

CAREFUL! Ethereum Price Correction soon…Don’t Buy ETH now?

In our last Ethereum forecast, we wrote about when you should Buy Ether. Prices were expected to correct lower after breaking the $3,000 price mark. However, Ethereum price has risen further without any correction. We expect that this correction shifted to a future time, which is soon. If you were considering to buy Ethereum today, you might want to WAIT. In this Ethereum price prediction article, we'll show you exactly what might happen to ETH prices soon.

Will Ethereum price fall soon?

Since Ethereum price broke out of the falling wedge, it has risen by around 42% and has not experienced any major correction. There has only been one rise since March 14th, so a correction is slowly overdue. The target of the falling wedge was also completely processed a day ago, which is also an indicator that the Ethereum course could correct soon. The next correction, which could come at any time, does not necessarily have to be to the downside. This can also move sideways, which is why we do not necessarily assume that prices will fall sharply.

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Fig.1 ETH/USDT 1-day chart showing the current rise in ETH prices - TradingView Ethereum Price Prediction - How far should ETH price fall?

Since the area between $3,150 and $3,340 has often served as a resistance or support area in the past, we also expect a correction to the support zone here. This is the minimum goal we are aiming for. We could also see a correction down to the $3,000 psychological level. However, the support zone would have to be broken for this, which again is unlikely. After Ethereum's price completes the correction by hitting either $3,150 or $3,000, the price could start a fresh increase. This surge could be the final rally to around $4,000 - $4,444. From this point, it gets exciting again. There the Ethereum price decides whether it will bullishly break out of the huge sideways phase between $2,000 and $4,444 or not. Should the price break out in a bullish way, prices around $6,000 are likely!

Fig.2 ETH/USDT 1-day chart showing the potential retracement of ETH - TradingView
Ethereum Crosses ATH© Cryptoticker

Oct 04, 2024 05:50

Ethereum At Risk Of Further Decline: Top Investor Sets $2,150 Target If Support Breaks

Ethereum has seen a 15% drop since hitting its recent high of $2,729 last Friday, leaving analysts and investors feeling frustrated with the price action. Many expected the bullish trend to continue, but Ethereum has struggled to maintain upward momentum.  Concerns are mounting as some market observers predict a deeper decline, possibly falling to yearly [...]

The post Ethereum At Risk Of Further Decline: Top Investor Sets $2,150 Target If Support Breaks appeared first on Crypto Breaking News.

Ethereum Downswing To $2,900 Could Be A Buy-The-Dip Opportunity  Analyst Expects Bullish Surge

Author: Sebastian Villafuerte
United Kingdom
Jan 10, 2025 12:05

Ethereum Downswing To $2,900 Could Be A Buy-The-Dip Opportunity Analyst Expects Bullish Surge

Ethereum has seen a sharp 14% drop in less than two days, intensifying concerns across the crypto market during a selloff that began earlier this week. The bearish sentiment has left many investors disheartened, with Ethereum struggling to reclaim higher price levels. Frustrated by the consistent underperformance, some investors are beginning to lose faith in the altcoin giant, seeking opportunities elsewhere. Related Reading: Expert Sets $1 Target For Dogecoin Once It Breaks A Multi-Year Trend Details Despite the negative sentiment, top analyst Ali Martinez has shared an optimistic outlook for Ethereum. Martinezs analysis suggests that a downswing to the $2,900 level could present a highly favorable “buy-the-dip” scenario for long-term investors. According to Martinez, this potential decline would lay the groundwork for Ethereum to target significantly higher levels, with a bullish price goal of $7,000 in the coming cycle. The current market conditions have sparked uncertainty, but many experts believe the upcoming months will prove pivotal for Ethereum. As the altcoin leader grapples with its recent declines, investors and traders alike are closely watching key support levels to assess whether ETH can rebound from this downturn. With Martinezs bullish target on the horizon, could this dip pave the way for Ethereums next big rally? A Rocky Start in 2025: Optimism Remains Ethereum has faced a tough journey through 2024, with lackluster performance trailing behind Bitcoin’s dominance. The new year hasn’t offered much reprieve, as Ethereum started 2025 with additional declines, leaving many investors frustrated. While Bitcoin continues to command attention, fueling what some are dubbing a “Bitcoin cycle,” altcoins, including Ethereum, have struggled to gain momentum. However, not all hope is lost. Top analyst Ali Martinez recently shared a more optimistic perspective on X, suggesting that Ethereums current price action might be setting the stage for significant future gains. Martinezs analysis points to a potential downswing to $2,900 as a highly bullish opportunity for Ethereum. He emphasized that this level would represent an ideal “buy-the-dip” scenario, potentially setting the stage for Ethereum to target a remarkable $7,000 in the next cycle. According to Martinez, the ongoing bearish price suppression is a natural part of the market cycle. Once this phase ends, Ethereum could be primed for a substantial rally. However, for this bullish narrative to materialize, Ethereum must first reclaim key demand levels to reignite investor confidence and build momentum. Related Reading: Solana Must Reclaim Momentum In The Coming Weeks SOL/BTC Ratio At A Pivotal Point As Ethereum navigates these turbulent times, analysts and traders are keeping a close watch on critical support levels, waiting to see if this dip truly becomes a launchpad for Ethereums next major move. Ethereum Price Holds Key Support Amid Bearish Pressure Ethereum is trading at $3,300 after enduring a sharp sell-off that drove the price down to $3,206, creating a sense of fear and uncertainty in the market. Despite the aggressive downturn, Ethereum’s price action is showing resilience, setting a higher low on the daily time frame. This subtle shift in structure offers hope for a potential recovery, signaling that demand might be quietly building. For Ethereum to regain its bullish momentum, bulls need to reclaim the $3,900 level promptly. This critical zone acts as a gateway to reestablishing a strong upward trend and boosting market confidence. However, the path to recovery may take time as Ethereum stabilizes and recovers from its recent bearish phase. Related Reading: Bitcoin Is Forming A Symmetrical Triangle Breakout Or Breakdown? While the market sentiment remains cautious, Ethereum’s ability to hold above key support levels suggests that a swift surge could follow if demand rises. Investors and analysts are closely watching these levels, waiting for a breakout that could mark the beginning of a new bullish cycle. For now, patience is key as Ethereum navigates its way through this challenging phase, aiming to position itself for stronger price action in the weeks ahead. Featured image from Dall-E, chart from TradingView

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