Ethereum’s Make-or-Break Moment: Can ETH Shatter Resistance?
Ethereum’s price action has traders on edge—will this be the breakout or another ’buy the rumor, sell the news’ classic?
Technical indicators flash bullish, but let’s see if Wall Street ’whales’ dump their bags on retail yet again.
$2,692 is once again approaching the $2,700 mark, signaling a potential end to its prolonged period of waiting. The persistent selling in the ETHBTC pairing has lasted for years rather than months. Today, we delve into the updated predictions for ETH and discuss what altcoin investors can anticipate.
ContentsEthereum (ETH)End of Fear in cryptocurrency Markets?
Ethereum (ETH)
Lark Davis mentions a third chance for Ethereum. Despite ETH attempting further rises after a couple of last thousand-dollar increases, success evades it. However, today, the price surged above $2,676 again, a positive divergence that fuels investor optimism.
, lucky for the third time? It’s testing the 200-day SMA as resistance once more. A breakout here could bring $3,000 into play! Nonetheless, a closing confirmation is needed!”
If ETH can reclaim the $3,000 level, expect increased talks about the beginning of its ATH journey, and watch for liquidity shifting towards altcoins. This shift WOULD also benefit other altcoins significantly. It is a critical moment for ETH to embark on a genuine rise, as long-waiting investors have patiently awaited this time for years.
Michael Poppe reported an hour ago about an approaching significant development.
“This is about to break upwards and will likely result in a violent MOVE on ETH. Today, it’s super strong against Bitcoin
$110,200.”
End of Fear in Cryptocurrency Markets?
Discussing tariffs from February until now has become nauseating. TRUMP makes stern statements from the top and then retracts them a few days later. As he tries to align trade partners with these on-again, off-again steps, he disregards stock market volatility.
However, agreements with China in Geneva, accelerated negotiations with the EU, the nearing completion of a deal with India, and many positive developments indicate a significant reduction in tariff fears. This is good news because while many underlying crypto issues have been addressed this year, tariffs remained a major pressure factor.
Indeed, in Mister Crypto’s recent analysis, it is noted that long-term investors are gearing up for a major surge.
“Long-term investors are accumulating. Short-term traders are being liquidated. Smart money always wins. Guess where we’re heading next?”
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