Altcoins News
By Evie Vavasseur
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Whale Vaults on Maker at Risk of Liquidation. The recent price decline has put Ethereum’s whale positions on Maker, a decentralized lending…
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Technical Indicators Signal Further Decline. Ethereum’s price decline is supported by several bearish indicators.
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Key Price Levels to Watch. If Ethereum’s downtrend persists, the next critical support level to watch is $1,823.
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Potential for Reversal. While bearish sentiment currently dominates, there is still a chance for a trend reversal if…
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Conclusion. Ethereum faces a critical moment, with two major whale vaults on Maker at risk of liquidation if…
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Ethereum (ETH) has dropped approximately 3% in the last 24 hours, slipping below the $1,800 level and placing significant pressure on large leveraged positions, including two…
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In Maker’s system, ETH is used as collateral for borrowing the DAI stablecoin. To avoid liquidation, the collateral must maintain a certain health ratio.
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Ethereum’s price decline is supported by several bearish indicators. The Relative Strength Index (RSI), which measures whether an asset is overbought or oversold, currently sits…
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Additionally, Ethereum’s Directional Movement Index (DMI) has shifted strongly into bearish territory.
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If Ethereum’s downtrend persists, the next critical support level to watch is $1,823. A break below this level could trigger further declines, with the next major support at…
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In this scenario, Ethereum could experience a sharp drop, with the next potential support levels at $1,700 and $1,650.
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While bearish sentiment currently dominates, there is still a chance for a trend reversal if Ethereum manages to regain some upward momentum.
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