COINBUZZFEED’s Post

#Ethereum (ETH/USD) Market Sentiment: Neutral to Bearish BIAS: Downtrend continuation possible. Support: 3,400 Resistance: 3,450 Ethereum struggles to maintain upward momentum, facing selling pressure near resistance. Breaking below 3,400 could lead to further downside, while a reclaim above 3,450 may signal strength.

Ethereum's impulsive breakout will drive the price up 15% in 2025 - analyst - Once the 16,000 ETH mark is reached, the altcoin could surpass a market value of 1 trillion for the first time in history.

The surge of Ethereum (ETH) to $3,000 signals renewed bullish momentum. Sustaining above this level today hinges on market sentiment and trading activity. Strong fundamentals and positive sentiment could support ETH's price. I think it will sustain above it

Ethereum (ETH) has formed a “golden cross,” where the 50-day SMA surpasses the 200-day SMA, signaling potential bullish momentum. This pattern previously led to significant price increases. ETH is currently trading near $3,988, with positive short-term movement, but further market analysis is recommended.

Ethereum’s bullish flag: A signal for investors to prepare for gains? Ethereum’s price dropped by more than 7% in the last seven days.  Most metrics and market indicators hinted at a trend reversal.  The end of May for Ethereum [ETH] was bullish as the token’s daily chart showed a massive green candlestick. But last week wasn’t in investors’ interest as the token dropped substantially. However, the […] https://lnkd.in/gf3UyNuw

Ethereum is on track to reach either its 50% or possibly 61% Fibonacci retracement level. This suggests a critical juncture before a potential substantial upward shift. Investors are closely monitoring these levels for indications of market direction. A breakout from these retracement levels could signal a notable bullish momentum. Traders are strategizing their positions accordingly to capitalize on the anticipated move...

💲 Ethereum Price in 2024: Bullish Signs or Empty Promises? 👀 🤔 Will Ethereum (ETH) soar in 2024? Traders, this post is for you! * Market Speculation: Analysts are eyeing a potential surge for ETH, fueled by ongoing developments. * Recent Performance: ETH has experienced some volatility, but is still above $3,000. * Key Factors to Watch: Upgrades, institutional adoption, and ETF approvals could all impact price. 👉 Here's what you need to know to navigate the Ethereum market in 2024. https://lnkd.in/ga5BqDXq

Will #Ethereum's Current Bullish Rally Persist Considering the ETH Spot #ETF Approval? After enduring years of regulatory hurdles and numerous revised registration filings, spot Ethereum exchange-traded funds are finally entering the market. This development has sparked bullish sentiment, with increasing buying interest potentially propelling the price toward the $4K resistance level. Ethereum has recently witnessed a significant bullish rebound, advancing toward the critical $3,5K resistance level. Identifying potential targets for this bullish trend is crucial for forecasting future price movements. The accompanying chart highlights key liquidity zones within Ethereum’s price action, providing valuable insights for traders planning mid-term strategies. A substantial amount of liquidity is observed above Ethereum’s previous major pivot at $3,5K, which acts as a strong resistance level. If the price manages to surpass this threshold, it will unlock enough liquidity for institutional investors to execute their buy orders, potentially driving the price higher. Additionally, a significant liquidity pool is situated above the $4K resistance level. In the mid-term, a likely scenario involves the continuation of the bullish trend aimed at capturing liquidity near and above the $4K mark. Strategically targeting these liquidity zones could support further upward momentum in Ethereum’s price, enhancing the potential for continued bullish activity.

𝗪𝗲𝗲𝗸𝗹𝘆 𝗖𝗿𝘆𝗽𝘁𝗼 𝗥𝗼𝘂𝗻𝗱𝘂𝗽 💰 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗘𝘆𝗲𝘀 $𝟲,𝟬𝟬𝟬 𝗥𝗲𝗯𝗼𝘂𝗻𝗱 𝗮𝘀 𝗞𝗲𝘆 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗛𝗼𝗹𝗱𝘀 $ETH is showing signs of a potential rebound after a recent decline, currently holding above a key support level around $2,400. This support has historically led to sharp recoveries, including a 160% surge between October 2023 and March 2024. If this level holds, ETH could target the upper boundary of its ascending channel, near $6,000, in the coming months. Adding to the bullish outlook, Ethereum's weekly relative strength index (RSI) has bounced off a historical support zone, reinforcing the possibility of a price recovery. Despite recent competition from other smart contract platforms and a lukewarm market response to Ethereum-based spot ETFs, these indicators suggest ETH may be gearing up for a strong comeback. Got ETH? Did you opt in to ETH staking yet?