Ether climbs above $3,600, but technical indicators show signs of weakness

2025-7-25 11:17

Key takeaways

ETH is up nearly 2% in the last 24 hours and now trades above $3,600. Technical indicators are showing signs of weakness, suggesting a bearish trend for the coin. ETH stays above $3,600 as BTC dips

The cryptocurrency market has been volatile over the last couple of hours, with Bitcoin dropping below the $116k level. Bitcoin lost nearly 2% of its value and now risks dropping below $115k if the selloff continues.

However, Ether, the second-largest cryptocurrency by market cap, is currently in the green after adding more than 1% to its value in the last 24 hours. This allowed it to top the $3,600 mark.

However, the technical indicators are suggesting signs of weakness, and ETH could experience a selloff. The higher timeframe chart remains bullish, indicating that the buyers are still in control. 

ETH could retest $3k if the bearish trend persists

The ETH/USD 4-hour chart remains bullish as Ether outperforms Bitcoin and some other leading cryptocurrencies. The price is also efficient, suggesting that ETH could be getting ready for another upward movement. 

However, the technical indicators on the lower timeframe are switching bearish, suggesting a selloff on the horizon. ETH failed to find support around the daily level of $3.730 and declined below $3,600.

However, it has recovered its position above $3,600. If Ether closes below the $3,500 daily candle, it could experience a correction to retest the $3,000 psychological level. 

The Relative Strength Index of 49 shows that the bulls are losing control of the market, indicating a fading bullish momentum.

Furthermore, ETH’s MACD indicator is converging closer together, and the green histogram bars are also falling, both suggesting a growing bearish appetite.

On the flipside, if ETH’s daily candle closes above $3,500, the bulls could push the price higher in the near term. ETH could retest the $3,730 resistance level in the coming hours or days before aiming for the $4k psychological level.

The post Ether climbs above $3,600, but technical indicators show signs of weakness appeared first on CoinJournal.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Ethereum (ETH) на Currencies.ru

$ 2195.94 (-1.17%)
Объем 24H $25.837b
Изменеия 24h: 1.68 %, 7d: 2.30 %
Cегодня L: $2195.94 - H: $2221.89
Капитализация $265.03b Rank 2
Цена в час новости $ 3720.37 (-40.98%)

above weakness indicators signs technical eth hours

Источник: coinjournal.net

above weakness → Результатов: 126


Фото:

Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […]

2021-1-13 01:00


Ethereum is Poised to See an Explosive Surge to $850 as Strength Mounts

Ethereum has seen some wild price action over the past few days, with its bulls moving to erase its pattern of underperformance that has plagued its price action The crypto is now sitting firmly above $730 and may be positioned to see even further upside in the coming days This rebound seen against its USD trading pair has also come as it shows subtle signs of strength against BTC as well Weakness on ETHBTC has […]

2020-12-29 23:00


Фото:

Why the Bitcoin Correction Everyone is Waiting for May Take Some Time

Bitcoin has navigated higher following a brief period of immense weakness yesterday, with the cryptocurrency now pushing above the $23,000 region once again Where the entire market trends in the mid-term should depend largely on where ETH and BTC trend next, as they both have been holding firm guidance over altcoins Many investors and analysts have voiced the opinion that Bitcoin will see a strong and swift correction down towards the $19,000 region at some […]

2020-12-23 21:00


Фото:

Bitcoin Rallies Towards $24,000 as Market-Wide Uptrend Continues

Bitcoin saw a massive surge higher earlier today that allowed it to break above $24,000 for the first time Where the aggregated crypto market trends in the mid-term may depend largely on whether or not buyers can flip $24,000 into a support level It does appear that the selling pressure just above here is quite intense and may cause it to see continued weakness One trader is now pointing to the resistance just above where […]

2020-12-20 21:09


Фото:

Ethereum Could Explode Higher if Bulls Defend This Newly Formed Support

Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […]

2020-12-10 23:00


Фото:

Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800

Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […]

2020-12-3 04:17


Фото:

Bitcoin Hovers at High Time Frame Resistance, But Bulls Stay in Control

Bitcoin saw a strong push higher today despite some weakness yesterday Where the benchmark cryptocurrency trends in the near-term will depend largely on whether or not bulls can flip the resistance at $16,500 A break above this level would open the gates for a move into the $17,000 region The coming few days and weeks should provide some serious insights into where the markets will trend in the days and weeks ahead One trader is […]

2020-11-16 21:00


Ethereum May Crash to $300 Support as Selling Pressure Grows Heavy

Ethereum is currently oscillating between highs of $345 and lows of $336 as its bulls and bears reach an impasse The cryptocurrency has been unable to see any relief following the massive influx of selling pressure that stopped it from seeing any further gains It is still trading well above its multi-week lows of $320, but growing weakness is putting its current stability in jeopardy One analyst explained in a recent tweet that he expects […]

2020-9-23 23:00


Фото:

Bitcoin to Hit Critical Support Level as Analysts Eye Drop to CME Gap

Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […]

2020-9-23 02:00


Фото:

Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high probability that this will cause it to see further near-term downside, potentially striking a blow to its macro market structure […]

2020-9-21 22:00


Фото:

Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level

Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […]

2020-9-19 23:00


Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021

Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […]

2020-9-15 21:00


Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600

Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […]

2020-9-12 02:00


Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts

Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […]

2020-9-8 23:00


Фото:

Bitcoin is Conducting a “Bullish Retest” as It Hits Critical Support Level

Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours. Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a […]

2020-9-7 19:00


Ethereum Still Likely to Dive to $360 Support as Funding Stays Neutral

Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […]

2020-8-28 23:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ether targets the $2,166 resistance as buyers step in

Key takeaways ETH is up by less than 1% and now trades above $2,050. The bulls defended the $2,000 support level, with further upward movement on the card.   Ethereum is up by less than 1% at the time of writing on Friday, halting the bearish performance that gripped the market on Thursday.

Ethereum OG Whale Returns To Market With $19.5M ETH Buy — Details

The latest on-chain data shows that a prominent Ethereum whale has returned to the crypto market over the past week, as the ETH price persists above the $2,000 level. ETH Whale Held $538M In Crypto In 2022 According to data from Arkham Intelligence, an Ethereum OG whale known as thomasg.eth has been on an Ether […]

Ethereum Flashes Early Reversal Signal As Taker Ratio Turns

A shift in Ethereum’s derivatives flow on Binance is starting to hint at a possible change in market structure, even as ETH itself remains in a corrective phase. According to CryptoQuant contributor Darkfost, the Taker Buy Sell Ratio is no longer flashing the same persistent sell-side aggression that dominated as the asset pushed toward a new all-time high.