On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching, traders should exercise caution as the market searches for stability. Ethereum Ethereum’s price is facing significant downward pressure […]
Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum
Ethereum Technical Analysis: ETH’s Bullish Momentum Continues Amid Uptrend
As of July 15, 2024, ethereum (ETH) maintains its bullish trajectory, showing promising signs across various technical indicators. With its current price at $ 3,341 and a market capitalization of $ 401 billion, ether has demonstrated strong performance over recent trading sessions. Ethereum The 1-hour chart illustrates ethereum’s short-term uptrend, moving from a …
Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum Builds
Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand
Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $ 65,000 to $ 66,000 mark, a critical onchain realized price that could either support the price or signal a correction, according to the latest analysis …