gtag('config', 'G-0PFHD683JR');
Price Prediction

ETHEREUM Analyst Eyes 1,200 dollars -1,300 dollars as a possible acquisition level-details

The cause of confidence

The strict editorial policy that focuses on accuracy, importance and impartiality

It was created by industry experts and carefully review

The highest standards in reports and publishing

The strict editorial policy that focuses on accuracy, importance and impartiality

Morbi Pretium Leo Et Nisl Aliguam Mollis. Quisque Arcu Lorem, Quis Quis Pellentesque NEC, ULLAMCORPER EU ODIO.

Este artículo también está disponible en estñol.

ETHEREUM faces increasing pressure after weeks of sales unabated and disappointing prices. Since January, the bulls failed to regain control, and ETH has continued to bleed the value in the market dominated by fear and uncertainty. With no clear signs of reflection, the coming weeks can bring more pain to investors who occupy long jobs.

Related reading

Global financial markets remain ready with intensifying fears of the trade war and geopolitical tensions. This anti -investors entitled environment has pushed away from high -risk assets such as cryptocurrencies, and Ethereum was one of the most difficult blow. Weak price reflects not only technical collapses, but also a wider lack of confidence in the short -term recovery.

The best analysts in Big Cheds recently shared a technical analysis that shows that ETHEREUM is now circulating at $ 1840 – an amazing decrease in the level of $ 3400 earlier this year. According to Cheds, this confirms the continuation of the current lower direction, as ETH is now moving to low -order areas that can provide limited support.

Unless the bulls enter strongly, the Ethereum look remains down. The market is closely monitoring to see if it can be 1800 dollars – or whether the deep losses are continuing with the continued momentum in preference on the negative side.

ethereum under pressure with the collapse of key levels

Ethereum in a critical mode with the continued loss of the main support levels under the rising sale pressure. After recovering the $ 2000 brand in recent weeks, ETH has decreased again without this decisive threshold – a failure that intensified the emotional feelings and put the bulls in a defensive position. With every failed recovery attempt, the investor’s confidence weakens, and analysts now ask for a deeper correction in the coming weeks.

The situation is especially sensitive because Ethereum is the backbone of most of the ecosystem for encryption. The continuous downtown ETH is not only affecting its holders, but also affects the sectors of Altcoin and the broader Defi sectors that depend on the power of the ETHEREUM price of momentum. The constant decrease has increased concerns that the prolonged bear stage may be revealed.

Big Kids Participate in the artistic expectationsNoting the intensity of the ETH decrease from the height of the local $ 3400 to the current level of $ 1840. According to Cheds, if the declining direction continues, the next keys to monitor the monitoring area may range between $ 1,200 and $ 1,300 – a scope that was previously working as a strong base during the previous sessions.

Ethereum faces a huge correction Source: Cheds Big on X
Ethereum faces a huge correction source: Big Kids on X

If Ethereum falls into that area, it will represent a correction of more than 60 % of its last peak. Such a step would indicate a major collapse in the structure and a long -term investor condemnation test. Currently, Bulls must fight in order to maintain a level of $ 1,800 and try to restore the lost land. Without turning in momentum, the road to ETH is increasingly difficult – and the broader market may follow its progress down.

Related reading

The main resistance levels are still not touching

ETHEREUM is currently trading at $ 1840, and continues to show weakness after failing to restore the 4 -hour moving average (MA) and the SIA moving average (EMA), both sitting near the level of $ 2100. These indicators have been a strong dynamic resistance since December 2024, and ETH has been constantly circulated under it – a clear sign that the bears continued to control the direction.

ETH failed to restore the main supply levels Source: Ethusdt Plan on TradingView
ETH failed to restore the main supply levels source: Ethusdt chart on Tradingview

This prolonged weakness has strengthened under 200 mAh and EMA landmark, with bulls unable to restore any meaningful land in recent months. So Etherum can retreat over these main technical levels, it is likely that any attempt to constant recovery.

Restoring from 200 mA and EMA can lead to a big step in the upward direction, as it will indicate a shift in the market structure in the short term and may oversee renewed purchase. However, even before this happens, Bulls should focus on restoring the level of $ 2,000 – a major price zone that has repeatedly set the battle between buyers and sellers.

Related reading

If ETH can break each of $ 2000 and 2100 dollars with size, this may be the beginning of the strongest recovery phase. Until then, the price movement remains vulnerable and boring towards the negative side.

Distinctive image from Dall-E, the tradingView graph

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button