Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

S&P Global expands its reach with hybrid crypto-ecosystem index

October 7, 2025

Is Bitcoin now a $57B volatility trade

October 7, 2025

Bitcoin Open Interest in Focus as Bulls Battle for $124,000

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

Ethereum Price Falls Short Above $4,000: Will Bulls Try Again?

December 18, 2024Updated:December 18, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Price Falls Short Above ,000: Will Bulls Try Again?
Share
Facebook Twitter LinkedIn Pinterest Email
ad


Este artículo también está disponible en español.

Ethereum worth didn’t settle above the $4,000 zone. ETH is correcting features and may wrestle to remain above the $3,820 assist zone.

  • Ethereum began a draw back correction from the $4,100 zone.
  • The worth is buying and selling beneath $3,980 and the 100-hourly Easy Transferring Common.
  • There was a break beneath a key bullish development line with assist at $3,940 on the hourly chart of ETH/USD (information feed by way of Kraken).
  • The pair might proceed to maneuver down if it fails to remain above the $2,820 assist zone.

Ethereum Worth Fails Once more

Ethereum worth struggled to remain above the $4,000 degree and underperformed Bitcoin. ETH began a recent decline and traded beneath the $4,000 assist zone.

There was a transfer beneath the $3,980 and $3,940 assist ranges. In addition to, there was a break beneath a key bullish development line with assist at $3,940 on the hourly chart of ETH/USD. The pair even dipped beneath the $3,850 degree. A low was shaped at $3,837 and the worth is now consolidating losses.

Ethereum worth is now buying and selling beneath $3,920 and the 100-hourly Easy Transferring Common. On the upside, the worth appears to be going through hurdles close to the $3,900 degree. It’s near the 23.6% Fib retracement degree of the downward transfer from the $4,107 swing excessive to the $3,837 low.

The primary main resistance is close to the $3,970 degree or the 50% Fib retracement degree of the downward transfer from the $4,107 swing excessive to the $3,837 low.

Ethereum Price Falls Short Above ,000: Will Bulls Try Again?
Supply: ETHUSD on TradingView.com

The primary resistance is now forming close to $4,000. A transparent transfer above the $4,000 resistance may ship the worth towards the $4,120 resistance. An upside break above the $4,120 resistance may name for extra features within the coming classes. Within the said case, Ether might rise towards the $4,250 resistance zone and even $4,320.

Extra Losses In ETH?

If Ethereum fails to clear the $3,900 resistance, it might proceed to maneuver down. Preliminary assist on the draw back is close to the $3,820 degree. The primary main assist sits close to the $3,780 zone.

A transparent transfer beneath the $3,780 assist may push the worth towards the $3,650 assist. Any extra losses may ship the worth towards the $3,550 assist degree within the close to time period. The subsequent key assist sits at $3,500.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum within the bearish zone.

Hourly RSI – The RSI for ETH/USD is now beneath the 50 zone.

Main Assist Degree – $3,820

Main Resistance Degree – $3,970



Source link

ad
Bulls Ethereum falls Price short
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

S&P Global expands its reach with hybrid crypto-ecosystem index

October 7, 2025

Is Bitcoin now a $57B volatility trade

October 7, 2025

Bitcoin Open Interest in Focus as Bulls Battle for $124,000

October 7, 2025

SBR And Bitcoin Act Are Closer Than You Think

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
S&P Global expands its reach with hybrid crypto-ecosystem index
October 7, 2025
Is Bitcoin now a $57B volatility trade
October 7, 2025
Bitcoin Open Interest in Focus as Bulls Battle for $124,000
October 7, 2025
SBR And Bitcoin Act Are Closer Than You Think
October 7, 2025
Zcash price crashes 18% after vertical rally – is more downside ahead?
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.