Ethereum In 2024 Vs. 2025: What Important Technical Indicators Are Saying

Crypto analyst Tony Severino has drawn similarities between Ethereums price action in 2024 and this year. Specifically, the analyst highlighted important technical indicators and what they are saying about ETHs future trajectory.  Ethereums Price Action In 2024 Vs. 2025 Based On Important Technical Indicators In an X post, Tony Severino provided a Japanese candlestick, TD Sequential and Parabolic SAR analysis of the 2024 and 2025 Ethereum price action. He noted that ETHs 2024 candle made a lower high both on a candle close and wick high basis. On the other hand, he revealed that 2025s candlestick is currently a bearish engulfing with the candle body fully engulfing 2024s candlestick and is entering 2023s candle body.  Related Reading: Ethereum Price Forms Falling Wedge Pattern On 1-Day Chart That Suggests 20% Rally Is Coming Meanwhile, Severino stated that the yearly support is drawn at $735, while the Parabolic SAR is at $370. He also remarked that the TD Sequential count is now on a red 1, potentially denoting the start of Ethereum’s first ever yearly downtrend. The analyst assured that it is still very early to worry about a yearly candlestick that has ten more months to close.  Ethereum is currently in a downtrend, having dropped below $2,000 yesterday for the first time since December 2023. Although ETH has recovered above this psychological level, concerns remain about its current price action. As Severino noted, the Ethereum price could be facing its first-ever yearly downtrend.  Ethereum began the year in an unusual manner, recording a negative monthly close in both January and February, the first time this has happened. Crypto analyst Ali Martinez warned that the Ethereum price could still drop to as low as $1,600 or even $1.200, having broken below the lower boundary of a parallel channel.  ETHs Bottom Might Be In In an X post, crypto analyst Titan of Crypto asserted that Ethereums bottom is in. He revealed that the 2024 low has been swept on ETHs perpetual daily chart, tapping into what the analyst believes is the most significant point of interest for a potential reversal. The analysts accompanying chart suggested that the Ethereum price could still come close to or even reach its current all-time high (ATH).  Related Reading: Ethereum Price Could Be Primed For Another 100% Move After Printing Capitulation Candle In the short term, the Ethereum price is still expected to rebound. The analyst revealed that two ETH CME futures gaps remain unfilled above $2,500. The first is between $2,540 and $2,620, while the second is between $2,900 and $3,300. He noted that these ETH CME futures gaps traditionally tend to get filled, indicating that the crypto could soon rebound to these price levels.  At the time of writing, the Ethereum price is trading at around $2,176, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

View Details

Analyst Predicts Parabolic Price Rally as XRP Spot Market Volumes Surge

The XRP cryptocurrency has experienced a surge in spot market trading volumes, signaling a potential continuation of its parabolic price rally. Analysts are optimistic about the next stage of XRP’s price growth as the increased trading activity suggests growing investor interest in the digital asset. Market experts believe that the rise in spot market volumes [...]

The post Analyst Predicts Parabolic Price Rally as XRP Spot Market Volumes Surge appeared first on Crypto Breaking News.

View Details

Here’s why the Safemoon price has gone parabolic

Safemoon (SFM/USD) price jumped to the highest level since May 10 as investors reacted to the latest upgrade to SafemoonSwap. The token jumped to a high of $0.00026, which was more than 100% above the lowest level this month. SafemoonSwap upgrade It is unclear why the SFM price has doubled in the past few days. …

<p>The post Here’s why the Safemoon price has gone parabolic first appeared on CCNC | Cryptocurrency Newscast.</p>

View Details

Five Crypto Technical Analysts You Need To Follow

There’s a lot of crypto TA’s on Twitter but do you ever wonder who you should actually trust? Here we break down our top five. The crypto world seems to go by so quickly, its a 24 hour, seven days a week market that never takes a break. For investors and traders, it’s hard to […]

The post Five Crypto Technical Analysts You Need To Follow appeared first on CryptosRus.

View Details

It’s Time To Pay Attention To Ethereum, According To One Crypto Market Analyst

The latest Ethereum analysis from a closely followed crypto trader could indicate that ETH may be gearing up to take off. Covered: Parabolic Matt Ethereum Analysis ETH Developer Thinks Crypto’s Future Is Bright This chick I met told me $ETH is going to $10,000 next year and I tend to believe her pic.twitter.com/OzqnpGS2M5 — theweeknd.eth […]

The post It’s Time To Pay Attention To Ethereum, According To One Crypto Market Analyst appeared first on CryptosRus.

View Details

Bitcoin Analysis Flashing Reversal Signal After December Drawdown

Despite a bearish last two months, the latest Bitcoin analysis from crypto trader Parabolic Matt points to an impending bullish reversal. Covered: Bitcoin Indicators Plot Bullish Future Looking At The Bigger Picture RECOMMENDED: BITCOIN AT CRITICAL INFLECTION POINT, WILL BULLS PREVAIL? Bitcoin Indicators Plot Bullish Future The closely followed crypto market analyst Parabolic Matt just […]

The post Bitcoin Analysis Flashing Reversal Signal After December Drawdown appeared first on CryptosRus.

View Details

Bitcoin MVRV Hits Levels That Led To Parabolic Bull Run In 2020

On-chain data shows the Bitcoin MVRV ratio is currently at the same high levels as those that led to the parabolic bull run back in 2020. Bitcoin MVRV Ratio Has Shot Up As Latest Rally Has Occurred As pointed out by CryptoQuant founder and CEO Ki Young Ju in a post on X, the MVRV ratio has just hit a value of 2.5. The “Market Value to Realized Value (MVRV) ratio” is a popular on-chain indicator that keeps track of the ratio between the Bitcoin market cap and the realized cap. The “realized cap” here refers to a capitalization model for BTC that assumes that the real value of any token in circulation is not its current spot price (as the market cap takes it to be), but rather the value at which the coin was last transferred on the network. Related Reading: TRON Hits 95 Million Addresses Milestone, Will This Help Price? The previous transaction for any coin may be considered the last time it changed hands, which implies that the price at the time would be its current cost basis. As such, the realized cap adds up the cost basis of every token in circulation. This means that the realized cap essentially keeps track of the total amount of capital that the investors have used to purchase their Bitcoin. Since the MVRV ratio compares the market cap (that is, the value the investors are holding right now) against this initial investment, its value can tell us about the amount of profit or loss the investors as a whole are currently carrying. Now, here is a chart that shows the trend in the Bitcoin MVRV ratio over the history of the cryptocurrency: Looks like the value of the metric has been shooting up in recent days | Source: @ki_young_ju on X As is visible in the graph, the Bitcoin MVRV ratio has rapidly climbed up as the asset’s price has gone through its latest rally. In this surge, the metric has managed to exceed the 2.5 level. When the ratio is greater than 1, it means that the market cap is higher than the realized cap right now, and thus, the overall market is holding its coins at some profit. A value of 2.5 implies the average wallet is currently carrying gains of 150%. Related Reading: Cardano (ADA) Among Only Coins Seeing Loss-Taking: What It Means “In Nov 2020, MVRV was 2.5 at $18K, preceding the all-time high and parabolic bull run,” explains Ju. Back in that bull run, the peak of the first half of 2021 wasn’t hit until the MVRV ratio crossed the 3.7 mark, just like the two bull runs preceding it. The top in November 2021, however, didn’t follow this pattern, as it formed close to the 3.0 level. It now remains to be seen which path Bitcoin would take in its current rally, if it is at all similar to either of these. BTC Price Following Bitcoin’s impressive 22% rally over the past week, the asset’s price is now trading around the $62,800 level, not very far from setting a new all-time high now. The price of the asset has gone through rapid growth over the past few days | Source: BTCUSD on TradingView Featured image from Kanchanara on Unsplash.com, CryptoQuant.com, chart from TradingView.com

View Details

Cardano Echoes 2020-2021 Pattern Is A Parabolic Rally On The Horizon?

Cardano is trading below the $0.80 mark as it flirts with a potential rebound after weeks of volatility and selling pressure. The broader crypto market is finding strong demand at current levels, and investors are cautiously optimistic about a quick recovery rally into multi-year highs. Despite the bearish sentiment that has gripped the market recently, many believe that Cardano could lead the charge in reversing the downtrend. Related Reading: Ethereum Whales Have Bought Over 600,000 ETH In The Past Week Time For A Price Upswing? Top analyst Ali Martinez has shared a compelling technical analysis, revealing that Cardano appears to be following a similar pattern to its 2020-2021 price action. Martinez highlights that while the pace is slower this time, the structure mirrors the one that preceded Cardanos explosive rally during the previous cycle. This historical pattern saw ADA surge significantly, and the current setup suggests that the cryptocurrency might be gearing up for a similar bullish breakout. Cardano sits at a critical juncture as the market awaits confirmation of this potential trend. Investors are closely watching key levels, hoping that the technical signals and historical comparisons hold true. If Cardano repeats its past performance, it could lead to a substantial recovery, bringing optimism back to the market. The coming days will be crucial in determining whether history truly repeats itself for ADA. Cardano Shows Bullish Potential Cardano has faced massive volatility and uncertainty in recent weeks, with the price dropping over 20% in less than a week before recovering more than 25%. Currently, ADA is ranging below key supply levels around $0.82, reflecting the market’s indecision and the ongoing speculation about whether the next move will be a rally or a deeper correction. This consolidation phase has left investors anxious but hopeful for a breakout that could define Cardanos short-term direction. A compelling technical analysis shared by top analyst Ali Martinez on X has provided a glimmer of optimism for Cardano holders. Martinez points out that Cardano appears to be repeating the same price pattern observed during the 20202021 cycle.  While the current pace is slower, the structure mirrors the prelude to ADAs massive parabolic rally during the previous bull market. If history repeats itself, this setup suggests that Cardano could soon break out of its current range and enter a sustained upward trend. The potential for such a rally hinges on Cardano reclaiming and holding key levels above $0.82 and gaining momentum in a broader market recovery. While the market remains speculative, the parallels with past cycles offer a positive outlook for ADA.  Related Reading: Litecoin Approaches Daily Range Peak Can LTC Break Multi-Year Highs? Investors are closely monitoring these patterns, looking for confirmation that Cardano is ready to break through its consolidation phase and embark on a significant rally. If the historical pattern holds true, ADA could soon lead the market in a powerful move toward multi-year highs, providing much-needed optimism for both Cardano and the broader crypto ecosystem. ADA Testing A Crucial Resistance Level Cardano (ADA) is currently trading at $0.78, consolidating below the critical $0.82 supply level. This price previously acted as strong support in December but now serves as resistance, keeping ADA below key levels. Bulls need to reclaim this level as support to signal strength and pave the way for a recovery rally. A successful breakout above $0.82 could set ADA on track to target the $0.90 mark, which aligns with the 200-day moving average, a crucial indicator of long-term market trends. Despite the potential for a breakout, ADA faces considerable risks as the market remains filled with uncertainty and volatility. If ADA loses the $0.75 mark, it could signal renewed selling pressure, sending the price into lower demand levels. Such a drop would delay any potential recovery and deepen bearish sentiment around Cardano. Related Reading: Can Bitcoin Hold $97K? 1-3 Month Holders Data Reveals Crucial BTC Demand Investors are closely watching whether ADA can maintain its current range and push above the $0.82 resistance, as this would confirm a shift in momentum. However, market conditions remain speculative, and bulls need to act decisively to prevent further declines. For now, ADAs price direction hinges on reclaiming the $0.82 level and sustaining momentum in the face of broader market challenges. Featured image from Dall-E, chart from TradingView

View Details