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Crypto Trends

ETHEREUM Prices Analysis: Is ETH ready to apostasy to $ 2,500?

ETHEREUM is trading at $ 2098 with a decrease of 1.5 % over the past 24 hours. This represents a 10 % decrease in the past seven days and carries a ceiling for the market of $ 252 billion.

Currently, Ethereum Price has recorded its lowest level over 24 hours at $ 1988. With a short -term oud recovery, will Ethereum return to $ 2,500? Let’s discover.

ETHEREUM price trend to reconsider $ 1500?

In the daily graph, the ETHEREUM price direction displays a decrease and continues to decrease with low formation. The last decline of 8.31 % on Sunday created a sunken candle.

Ethereum price scheme

This has almost violated the psychological brand of $ 2000, while the lowest daily closure price has been distinguished since December 2023. Currently, Ethreum creates an emerging candle with a recovery of 3.90 % inside the day.

However, the highest price rejection of the lowest level of 24 hours at $ 2152 warns of a post -test reflection. Based on the analysis of the price movement, the fall in Ethereum can test a sign of $ 1500 with post -test fall.

In support of the fall opportunities, the Si -moving average lines maintain a declining alignment in the daily scheme. Moreover, MacD lines and signal lines maintain a decrease in negative guide. Thus, technical indicators lead to a signal on ethereum.

Analysts Eyes Eyereum prices despite external flows in traded investment funds

Last week, along with the huge external flow in the Bitcoin investment funds, ethereum ETFS He also recorded an external flow of $ 93.9 million. This represents the third consecutive week of the external flow of Ethereum atfs.

The encryption analyst, Ali Martinez, highlights the possibility of a new recovery in Ethereum, which represents that the analyst represents a triangular style in the hourly price scheme. Currently, ETHEREUM recovery over the twenty -sixth direction line can lead to an 18 % increase in ETHEREUM.

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