₵ryptospace ₮oday’s Post

Ethereum price prediction bullish for now Ethereum's price has been trading within a tight range of $2,550 to $2,730, with market signals indicating a potential upward movement towards $2,850. However, despite this bullish short-term prediction, concerns remain about the sustainability of such a rally, as it could be driven more by liquidity than genuine demand. Traders are advised to be cautious, with the possibility of a reversal near the $2,900 to $3,000 resistance zone.

In today's update, we analyze Ethereum's current price action which stands at $2,582. The intraday range has fluctuated between $2,572 and $2,681, signaling caution amid a bearish sentiment in the market. Stay tuned for insights on technical indicators and market resistance. #cryptonews #Ethereum #TechnicalAnalysis #CryptoMarket #BearishTrend https://lnkd.in/gMZJdPmC

#EthereumNews: Ethereum's price surge is attributed to positive signs in the derivatives market. The Taker Buy Sell Ratio indicates a potential shift toward buying pressure, possibly pushing the coin to retake the $4,000 level. Additionally, the Futures Open Interest has reached an all-time high, reflecting growing confidence and institutional adoption. The recent approval of spot Ethereum ETFs by the SEC has also significantly impacted market expectations. #CryptoNews #CryptospaceToday #Ethereum

🔍 Is Ethereum facing a potential plunge? Key support levels indicate a possible downtrend, with both bullish and bearish signals at play. Explore our latest analysis to understand critical levels and trading strategies for ETH. Stay ahead in the market! #Crypto #Ethereum #MarketAnalysis #TradingStrategy #Investing https://lnkd.in/ditAPjRW

$ETH: The price has failed to form a clear 5-wave move to the upside and resistance did not break. I therefore still believe Ethereum needs to form another low at, so I'm not too concerned about it holding wave two support. However, if the price does hold support, we should see an impulsive reversal before the price breaks below $2170. If the price holds support and then breaks above $2670, I think the chances of a bottom being in are pretty decent. #Ethereum

TradingView News Reports Increased Gains Driven by Bullish Momentum - https://lnkd.in/d39-_NDA Ethereum price extended its rise above the $3,900 resistance. ETH is now consolidating near $3,880 and could continue rising in the near term.Ethereum started another rise above the $3,850 resistance.The price is trading above $3,850 and the 100 hourly simple moving average.There is a major bullish trend line forming

Toncoin’s BARR breakout sets stage for 40% TON price rally... TON’s upside setup is reinforced by its inverse head-and-shoulders pattern and key catalysts like the Binance listing. Toncoin emerged as one of the top-performing cryptocurrencies on Aug. 19, surging nearly 9% within the last 24 hours. This rally starkly contrasts the broader crypto market, which experienced a 3% decline over the same period. TON price in position for 40% rally by September The sharp rise in the price of Toncoin (TON) is part of a technical breakout from a classic bump-and-run reversal (BARR) pattern. The BARR pattern, which TON has followed closely in recent weeks, typically begins with a lead-in phase marked by a gradual decline. This phase is followed by a bump, characterized by a steep downturn, and a run phase, where the asset recovers and breaks above key resistance levels. Toncoin entered the run phase on Aug. 18, confirming the breakout with a decisive move above the declining trendline that had previously limited its recovery. Link + https://lnkd.in/dWTdNFKf

The current options data shows a possible bullish trend for Ethereum. The shift in the market sentiment from puts (options to sell) to calls (options to buy) suggests that traders are expecting prices to go up. 👉 https://lnkd.in/gBGczVFm #cryptocrit #cryptoanalysis #cryptochartanalysis #ethereum

Ethereum accumulation addresses have increased by over 11.5 million ETH since January. This is a strong vote of confidence by investors in Ethereum’s long-term potential aligns with the recent breakout from its 3-month consolidating pattern. However, net outflows from Ether ETFs and the rapid rise in Ether futures demand are red flags which could see the $2,800 resistance level act as a ceiling for Ethereum rally in the near term. https://lnkd.in/d_AuaaGV #ethereum #ETF #investors

#HashKeyDailyNews Ethereum (ETH) Price Surges 10% as Trading Volume Increases Substantially Ethereum breaks above $3,300 with strong technical indicators and steady buying pressure, as price action suggests potential for further upward movement toward the $3,600 level. Sources: BLOCKONOMI (See Below Link) https://lnkd.in/ddE3V5uk