Bitcoin (BTC) $59,083.87 -0.77%
Ethereum (ETH) $1,592.48 0.49%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 75.405712 1.75%
Cardano (ADA) $0.15 3.73%
Chainlink (LINK) $7.28 0.01%
Litecoin (LTC) $42.82 0.93%
Dash (DASH) $33.11 1.09%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.241119 -5.28%
X-Cash (XCASH) 1.0E-6 0.48%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 29295

Markets: 112885

Market Cap: $2,055,041,807,800

24h Vol: $80,547,348,461

Crypto Potato

2022-12-26 14:53:21

Ethereum Price Analysis: ETH At Risk, Might Retest $1000 Soon

Ethereum Price Analysis: ETH At Risk, Might Retest $1000 Soon

Over the past few weeks, we saw a mini-rally that was initiated at the wedge’s lower boundary (shown below); however, Ethereum’s uptrend was halted by the 50-day moving average line significant resistance level. Since the rejection, ETH has seen consolidation in a very tight range. Another bearish leg might soon start unless the price breaks

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