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news-imageDecember 1, 2024

Ethereum Faces Struggle Below $3,659 Resistance: Is the Bullish Momentum Fading

Ethereum (ETH) is currently struggling below a significant resistance level at $3,659, causing concerns among traders that its bullish momentum may be losing steam. After experiencing steady gains in recent weeks, the cryptocurrency has entered a consolidation phase, leaving many to wonder whether ETH's rally is losing momentum or if it's simply pausing before making its next move.
Publisher: The Currency Analytics
Sentiment: Negative
ETH

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The crypto market does not seem to be recovering soon and investors are still waiting for the Santa Rally. The overall crypto cap has reached $3.32 trillion after falling 3.19% since yesterday. Ethereum has also suffered another hit of around 4% and is currently trading at $3,354.5.

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Ethereum whale dumps another $17m ETH

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Neutral
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Ethereum's Vitalik Buterin Reveals How AI Can Go Mainstream

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Positive
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XRP Wallet Growth Surges, Outpaces Bitcoin & Ethereum

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Negative
cover-imageThe Currency Analytics
December 24, 2024

Ethereum Price Forecast: Is a Drop Below $3,000 on the Horizon for ETH

Ethereum (ETH) has been facing growing bearish pressure recently, and market watchers are increasingly concerned that the price could decline toward the psychological $3,000 level. This follows a wave of selling activity across both long-term and short-term holders, alongside other key indicators pointing to a potential downturn.

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