Ethereum Price Analysis: ETH Flirts With $2.5K But Bullish Prospects Remain Questionable

Ethereum Price Analysis: ETH Flirts With $2.5K But Bullish Prospects Remain Questionable

Ethereum’s price has been consolidating in a wide range above the $2,000 mark. Yet, things might change soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been moving sideways in a $500 range between the $2,700 resistance level and the $2,200 support zone. With the market testing…

Ethereum Price Analysis: ETH Tumbles 4% Daily as Bears Regain Control, $2K Next?

Ethereum Price Analysis: ETH Tumbles 4% Daily as Bears Regain Control, $2K Next?

Ethereum remains in a downward trend, with price action showing insufficient bullish momentum for a reversal. In the near term, the cryptocurrency is likely to enter a consolidation phase within a critical range, with mild bearish retracements seeming far more likely. Technical Analysis By Shayan The Daily Chart On the daily chart, Ethereum has been…