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 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