Ethereum price underwent a correction, dipping and testing the $2,440 support level. It then entered a range-bound trading pattern and encountered obstacles around the $2,550 and $2,585 levels. Despite attempting a fresh increase from the $2,450 level, Ethereum’s price hovered just above $2,500, slinging back and forth along the 100-hourly Simple Moving Average. In an
Analysis
The Ethereum price is facing significant challenges as it struggles to break through the $2,720 resistance level and stay above the key support zone at $2,440. This article will analyze the current market conditions and provide an overview of the potential outcomes for Ethereum. After climbing higher towards $2,720, the bears made their presence known,
Bitcoin price recently experienced a significant decline after failing to test the $50,000 resistance zone. The digital currency reached its peak near the $49,000 level and began a downward trend. This decline resulted in a break of several crucial support levels, including $45,000, pushing Bitcoin into a short-term bearish zone. The Current Situation Currently, Bitcoin
Bitcoin, the world’s largest cryptocurrency, has witnessed another surge in its price, breaking through several key resistance levels. However, despite the bullish momentum, it faces crucial challenges that could determine its future trajectory. This article analyzes the recent price movements and explores the potential outcomes for Bitcoin in the near term. Bitcoin started its latest