\n

If ETH traders engage in widespread profit-taking, the price of Ethereum may plummet and find support at $2,800. ETH has corrected lower four times this week after rallying near $3,000, but it has not yet broken through support at the 2024 high of $3,033.<\/p>\n\n\n\n

Despite the speculation of a possible price correction, Ethereum's price can still hit the upcoming resistance at $3,200 and keep rallying toward $3,500 if we see a clear bullish breakout at the current resistance at $3,000.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Might Drop 10% As Several Technical Indicators Show Warning Signals, ETH Price Fails To Remain Above $3,000 Amid More Opportunity For Profit-Taking","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-might-drop-10-as-several-technical-indicators-show-warning-signals-eth-price-fails-to-remain-above-3000-amid-more-opportunity-for-profit-taking","to_ping":"","pinged":"","post_modified":"2024-02-26 03:41:24","post_modified_gmt":"2024-02-25 16:41:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15609","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

Ethereum price tested the  $3,000 level multiple times this week, but the altcoin could not hold above this crucial milestone, which raised questions about its direction. Given that there is an increasing amount of ETH available on exchanges, there is a chance that its price will drop.<\/p>\n\n\n\n

If ETH traders engage in widespread profit-taking, the price of Ethereum may plummet and find support at $2,800. ETH has corrected lower four times this week after rallying near $3,000, but it has not yet broken through support at the 2024 high of $3,033.<\/p>\n\n\n\n

Despite the speculation of a possible price correction, Ethereum's price can still hit the upcoming resistance at $3,200 and keep rallying toward $3,500 if we see a clear bullish breakout at the current resistance at $3,000.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Might Drop 10% As Several Technical Indicators Show Warning Signals, ETH Price Fails To Remain Above $3,000 Amid More Opportunity For Profit-Taking","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-might-drop-10-as-several-technical-indicators-show-warning-signals-eth-price-fails-to-remain-above-3000-amid-more-opportunity-for-profit-taking","to_ping":"","pinged":"","post_modified":"2024-02-26 03:41:24","post_modified_gmt":"2024-02-25 16:41:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15609","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"
Despite the RSI signals of an oversold market, ETH\/USD<\/a> sees $3,200 as the next potential target. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

Ethereum price tested the  $3,000 level multiple times this week, but the altcoin could not hold above this crucial milestone, which raised questions about its direction. Given that there is an increasing amount of ETH available on exchanges, there is a chance that its price will drop.<\/p>\n\n\n\n

If ETH traders engage in widespread profit-taking, the price of Ethereum may plummet and find support at $2,800. ETH has corrected lower four times this week after rallying near $3,000, but it has not yet broken through support at the 2024 high of $3,033.<\/p>\n\n\n\n

Despite the speculation of a possible price correction, Ethereum's price can still hit the upcoming resistance at $3,200 and keep rallying toward $3,500 if we see a clear bullish breakout at the current resistance at $3,000.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Might Drop 10% As Several Technical Indicators Show Warning Signals, ETH Price Fails To Remain Above $3,000 Amid More Opportunity For Profit-Taking","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-might-drop-10-as-several-technical-indicators-show-warning-signals-eth-price-fails-to-remain-above-3000-amid-more-opportunity-for-profit-taking","to_ping":"","pinged":"","post_modified":"2024-02-26 03:41:24","post_modified_gmt":"2024-02-25 16:41:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15609","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

<\/a>Ethereum Technical Analysis \u2013 ETH Daily Price Chart<\/h2>\n\n\n\n
\"\"
Despite the RSI signals of an oversold market, ETH\/USD<\/a> sees $3,200 as the next potential target. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

Ethereum price tested the  $3,000 level multiple times this week, but the altcoin could not hold above this crucial milestone, which raised questions about its direction. Given that there is an increasing amount of ETH available on exchanges, there is a chance that its price will drop.<\/p>\n\n\n\n

If ETH traders engage in widespread profit-taking, the price of Ethereum may plummet and find support at $2,800. ETH has corrected lower four times this week after rallying near $3,000, but it has not yet broken through support at the 2024 high of $3,033.<\/p>\n\n\n\n

Despite the speculation of a possible price correction, Ethereum's price can still hit the upcoming resistance at $3,200 and keep rallying toward $3,500 if we see a clear bullish breakout at the current resistance at $3,000.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Might Drop 10% As Several Technical Indicators Show Warning Signals, ETH Price Fails To Remain Above $3,000 Amid More Opportunity For Profit-Taking","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-might-drop-10-as-several-technical-indicators-show-warning-signals-eth-price-fails-to-remain-above-3000-amid-more-opportunity-for-profit-taking","to_ping":"","pinged":"","post_modified":"2024-02-26 03:41:24","post_modified_gmt":"2024-02-25 16:41:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15609","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n
  • ETH might retest the support at $2,800 if the price fails to sustain above the $3K level.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Price Chart<\/h2>\n\n\n\n
    \"\"
    Despite the RSI signals of an oversold market, ETH\/USD<\/a> sees $3,200 as the next potential target. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

    Ethereum price tested the  $3,000 level multiple times this week, but the altcoin could not hold above this crucial milestone, which raised questions about its direction. Given that there is an increasing amount of ETH available on exchanges, there is a chance that its price will drop.<\/p>\n\n\n\n

    If ETH traders engage in widespread profit-taking, the price of Ethereum may plummet and find support at $2,800. ETH has corrected lower four times this week after rallying near $3,000, but it has not yet broken through support at the 2024 high of $3,033.<\/p>\n\n\n\n

    Despite the speculation of a possible price correction, Ethereum's price can still hit the upcoming resistance at $3,200 and keep rallying toward $3,500 if we see a clear bullish breakout at the current resistance at $3,000.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Might Drop 10% As Several Technical Indicators Show Warning Signals, ETH Price Fails To Remain Above $3,000 Amid More Opportunity For Profit-Taking","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-might-drop-10-as-several-technical-indicators-show-warning-signals-eth-price-fails-to-remain-above-3000-amid-more-opportunity-for-profit-taking","to_ping":"","pinged":"","post_modified":"2024-02-26 03:41:24","post_modified_gmt":"2024-02-25 16:41:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15609","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

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    \n
  • Wallet addresses numbering 1.03 million purchased Ethereum above $3,016 already hold unrealized losses.<\/li>\n\n\n\n
  • ETH might retest the support at $2,800 if the price fails to sustain above the $3K level.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Price Chart<\/h2>\n\n\n\n
    \"\"
    Despite the RSI signals of an oversold market, ETH\/USD<\/a> sees $3,200 as the next potential target. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

    Ethereum price tested the  $3,000 level multiple times this week, but the altcoin could not hold above this crucial milestone, which raised questions about its direction. Given that there is an increasing amount of ETH available on exchanges, there is a chance that its price will drop.<\/p>\n\n\n\n

    If ETH traders engage in widespread profit-taking, the price of Ethereum may plummet and find support at $2,800. ETH has corrected lower four times this week after rallying near $3,000, but it has not yet broken through support at the 2024 high of $3,033.<\/p>\n\n\n\n

    Despite the speculation of a possible price correction, Ethereum's price can still hit the upcoming resistance at $3,200 and keep rallying toward $3,500 if we see a clear bullish breakout at the current resistance at $3,000.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Might Drop 10% As Several Technical Indicators Show Warning Signals, ETH Price Fails To Remain Above $3,000 Amid More Opportunity For Profit-Taking","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-might-drop-10-as-several-technical-indicators-show-warning-signals-eth-price-fails-to-remain-above-3000-amid-more-opportunity-for-profit-taking","to_ping":"","pinged":"","post_modified":"2024-02-26 03:41:24","post_modified_gmt":"2024-02-25 16:41:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15609","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 3 4 5 6 7 13

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • ETH\/USD failed to hold above $3,000 on multiple occasions this week.<\/li>\n\n\n\n
  • Wallet addresses numbering 1.03 million purchased Ethereum above $3,016 already hold unrealized losses.<\/li>\n\n\n\n
  • ETH might retest the support at $2,800 if the price fails to sustain above the $3K level.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Price Chart<\/h2>\n\n\n\n
    \"\"
    Despite the RSI signals of an oversold market, ETH\/USD<\/a> sees $3,200 as the next potential target. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

    Ethereum price tested the  $3,000 level multiple times this week, but the altcoin could not hold above this crucial milestone, which raised questions about its direction. Given that there is an increasing amount of ETH available on exchanges, there is a chance that its price will drop.<\/p>\n\n\n\n

    If ETH traders engage in widespread profit-taking, the price of Ethereum may plummet and find support at $2,800. ETH has corrected lower four times this week after rallying near $3,000, but it has not yet broken through support at the 2024 high of $3,033.<\/p>\n\n\n\n

    Despite the speculation of a possible price correction, Ethereum's price can still hit the upcoming resistance at $3,200 and keep rallying toward $3,500 if we see a clear bullish breakout at the current resistance at $3,000.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Might Drop 10% As Several Technical Indicators Show Warning Signals, ETH Price Fails To Remain Above $3,000 Amid More Opportunity For Profit-Taking","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-might-drop-10-as-several-technical-indicators-show-warning-signals-eth-price-fails-to-remain-above-3000-amid-more-opportunity-for-profit-taking","to_ping":"","pinged":"","post_modified":"2024-02-26 03:41:24","post_modified_gmt":"2024-02-25 16:41:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15609","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n