Ethereum: After a 24% crash in 7 days, how soon will ETH rebound?

2024-8-6 18:00

Ethereum fell 24% in seven days amidst the broader crypto market bloodbath.   Though selling pressure remained high, the NVT ratio dropped, showing increased chances of a price rebound soon.

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Ethereum (ETH) на Currencies.ru

$ 3357.85 (+0.43%)
Объем 24H $45.585b
Изменеия 24h: 7.68 %, 7d: 7.14 %
Cегодня L: $3039.69 - H: $3364.01
Капитализация $404.378b Rank 2
Цена в час новости $ 2489.37 (34.89%)

ethereum rebound soon days pressure nvt remained

ethereum rebound → Результатов: 126


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Ethereum Approaches Key Resistance; Break Above Could Spark Move to $650

Ethereum has seen a strong rebound from its recent lows today, with its ongoing upswing coming about in tandem with the immense technical strength seen by Bitcoin. The aggregated cryptocurrency market is trending higher today, which is partially being driven by Bitcoin’s strong weekly candle close and the ongoing upswing seen in the stock market. […]

2020-9-15 00:00


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This Grim Technical Pattern Suggests Ethereum May Plunge to $240

Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […]

2020-9-11 23:00


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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter

Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […]

2020-9-6 22:00


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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength

Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […]

2020-9-5 23:00


Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts

Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […]

2020-9-4 23:00


This Support May Launch Ethereum to $500, But Signs of Weakness Remain

Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […]

2020-8-29 23:00


Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff

Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […]

2020-8-13 23:00


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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […]

2020-6-25 23:00


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Analyst: If Ethereum Fails to Rally Now, It May Never Be Able To

Ethereum’s price has seen a notable rebound from its recent lows, but it still remains caught within its wide multi-week trading range Its present lack of strong momentum has been surprising to many investors, as it has been garnering massive utility in recent times This has led one prominent data analyst to explain that it’s becoming “do or die” time for ETH He notes that a failure for it to post a swift rally in […]

2020-6-24 23:00


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Ethereum Showing Signs of Tiredness as Analysts Expect Underperformance

Ethereum is in the process of surmounting the key $200 resistance level as its bullishness grows The cryptocurrency’s rebound from its March lows has been intense, although analysts are noting that a strong pullback could be in the cards This comes as traders note that they anticipate ETH to underperform Bitcoin in the days and weeks ahead Ethereum is now in the process of rallying up to $200, marking a significant extension of the momentum […]

2020-4-26 22:00


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As Bitcoin traders bet on a big rebound, did Ethereum and XRP avoid a big drop?

As theories on the potential sell-off of Bitcoin by miners emerged amidst declining sentiment around cryptocurrencies, major altcoins like Ethereum and XRP were at risk of a deep pullback. With the majority of altcoins still being correlated with Bitcoin to a large extent and analysts expecting the price of BTC to decline in the short […] The post As Bitcoin traders bet on a big rebound, did Ethereum and XRP avoid a big drop? appeared first on CryptoSlate.

2019-11-20 07:38