Ethereum’s short-term outlook – How high or low will ETH’s price go now?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Ethereum has so far exhibited a volatile mix of price movements, initially dipping below the $3,000-threshold in recent days before...

Ethereum’s price showed signs of recovery, with an increase in new addresseshas so far exhibited a volatile mix of price movements, initially dipping below the $3,000-threshold in recent days before rallying above it once again.

Brandt’s examination of Ethereum’s price chart revealed two potential patterns – A flag and a channel. Initially, he interpreted the formation as a flag, which is typically seen as a continuation pattern that appears during brief pauses in dynamic market trends.Source: X

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum: Short-term pain or long-term gains for ETH holdersEthereum recorded a major decline in its price, resulting in a notable downturn in both network growth and velocity...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ethereum whales dive in: Long-term recovery or short-term spike?Whales exhibited considerable interest in ETH, in addition to retail investors, as they both began accumulating large quantities of ETH.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ethereum struggles around $3K as short positions surge: What now?Ethereum traders are piling in more on short positions as the price has continued to decline towards a key support level.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Why Ethereum traders are starting to bet big against ETH’s priceEthereum faces increased shorting as Grayscale withdraws its ETF application, sparking fears and speculation.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Ethereum’s latest ‘low’ – How ETH’s price action is affecting stakingThe daily amount of new Ethereum [ETH] staked fell to its year-to-date (YTD) low on 6 May, according to Glassnode’s data. This means ETH...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Why Ethereum’s run to $3.3K may be false breakout for ETH’s priceEthereum [ETH] rise to $3,300 on April 28 returned optimism to the market. However, according to AMBCrypto's analysis, the joy market
Source: CryptoAmb - 🏆 22. / 68 Read more »