Altcoins News
By Maheen Hernandez
1 / 15
Resistance Levels Restricting Upside. Ethereum’s immediate resistance stands near $3,845, with a short-term bearish trend line forming…
2 / 15
Support Levels Guarding the Downside. On the downside, Ethereum faces initial support near $3,800.
3 / 15
Technical Indicators Signal Caution. ETH’s current trading below the 100-hourly Simple Moving Average indicates short-term weakness.
4 / 15
Market Sentiment Remains Mixed. Ethereum’s market sentiment is currently cautious. While the brief recovery from $3,700 signals…
5 / 15
Potential Scenarios for Ethereum. Bullish Scenario:
6 / 15
Conclusion. Ethereum is navigating a cautious market as buyers struggle to overcome resistance levels near…
7 / 15
Ethereum (ETH) is facing a cautious market as its price struggles to recover from recent declines.
8 / 15
The next resistance hurdle lies at $3,920, corresponding to the 50% Fibonacci retracement of the downward move from $4,110 to $3,708.
9 / 15
These resistance points suggest that Ethereum remains range-bound, with sellers defending higher levels.
10 / 15
On the downside, Ethereum faces initial support near $3,800. A drop below this level may trigger further selling pressure, with the first major support positioned at $3,740.
11 / 15
If selling momentum intensifies, the next support targets are $3,650 and $3,620. Maintaining these support levels is crucial for preventing a deeper correction, as any breach…
12 / 15
The 23.6% Fibonacci retracement level of the $4,110–$3,708 move was briefly breached during the recovery, highlighting that while buyers attempted to regain ground, resistance…
13 / 15
Ethereum’s market sentiment is currently cautious. While the brief recovery from $3,700 signals some buying interest, the inability to surpass resistance points indicates that…
14 / 15
Traders are evaluating whether this pause reflects a temporary consolidation or a precursor to a deeper correction.
15 / 15
ETH clears $3,850 resistance and moves toward $3,920.
The Currency Analytics
Want the full story?