Wyckoff Distribution

Ethereum Price Targets $2,700 As Wyckoff Accumulation Ends

The price of Ethereum is approaching the $2,700 mark as the Wyckoff accumulation phase appears to be nearing its conclusion.  Crypto analyst Incognito forecasts a potential rally in Ethereum’s price, projecting it could reach as high as $2,700 in the near future. This optimistic forecast arises in the context of ETH’s recent lackluster performance, as … Read more

Ethereum Reversal

Ethereum Loses Steam but Stays Bullish Above Support

The price of Ethereum has experienced a decline in momentum; however, it continues to uphold a bullish framework above key support levels. The price of Ethereum encountered resistance at the $1,650 level and subsequently experienced a correction in its gains. Ethereum is currently in a phase of consolidation and may seek to breach the $1,620 … Read more

Ethereum Buy Zone

Ethereum Price Drops Below Key Level, Entering Historic Buy Zone

Ethereum has entered a significant buy zone as its price falls below a crucial threshold. Ethereum is navigating a pivotal resistance level as bullish traders strive to regain momentum and aim for a new peak. The broader market continues to face challenges as global uncertainty intensifies, primarily driven by the persistent trade tensions between the United … Read more

Ethereum Breakout

Ethereum Maintains Support. Can An Upside Break Cause Rally?

The price of Ethereum remains firmly anchored to its support level, with a potential upside breakout that could catalyze a significant rally. Ethereum’s price has begun to rise from the $1,550 level. Ethereum is currently experiencing an upward trend and may seek to break through the $1,650 resistance level. Ethereum has initiated a new upward … Read more

Ethereum Market

Ethereum Price Stays Put Ahead of Potentially Massive Reversal?

Ethereum’s price has entered a period of stagnation within a narrow trading range, prompting speculation about a potential significant price movement on the horizon. Ethereum is currently navigating pivotal trading levels following an extended period of intense selling activity. Following a decline beneath the pivotal $2,000 threshold, the second-largest cryptocurrency has faced challenges in reestablishing its … Read more