Ethereum is now testing a key support level that last helped it rebound by over 160%. Multiple factors support this bullish fractal.
Tech Analysis news
Ether’s monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.
Reducing network growth and diminishing user engagement are driving Cardano’s prices lower at the end of this week.
Solana has surged by approximately 600% against Ethereum since 2023 thanks to the memecoin mania.
Dogecoin is down today after entering overbought territory, with a looming golden cross and macroeconomic factors adding to the bearish pressure for DOGE price.
XRP prices have declined after Ripple co-founder’s $10 million donation to Kamala Harris’ US presidential campaign.
SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.
Bitcoin whale accumulation, chart technicals, and a declining stablecoin dominance hint at a BTC price bull run ahead.
Data points to an Ethereum price rally to $3,000, but ETH charts imply that a few corrections could occur along the way.
Today’s LTC price surge comes after Canary Capital filed for a spot Litecoin ETF and Bitcoin reached a multimonth high.