\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","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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Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","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
\"ETH
ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","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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\n

<\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
\"ETH
ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","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.

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\n
  • ETH may retest the support at $2,110 if the price fails to secure its position above $2.5K this week.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

    From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

    ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","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 4 5 6 7 8 85

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    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • The price also failed to test the trendline resistance at the daily chart, suggesting an ongoing bearish trend.<\/li>\n\n\n\n
  • ETH may retest the support at $2,110 if the price fails to secure its position above $2.5K this week.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

    From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

    ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","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
  • Ethereum failed to break the dynamic resistance at 50-EMA ($2,528) since the price got rejected from the $2.7K level.<\/li>\n\n\n\n
  • The price also failed to test the trendline resistance at the daily chart, suggesting an ongoing bearish trend.<\/li>\n\n\n\n
  • ETH may retest the support at $2,110 if the price fails to secure its position above $2.5K this week.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis \u2013 ETH Daily Chart<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> shows no sign of bullish movements as the price dips below the 50 EMA. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    Ethereum denied a move above the $2.8K resistance level several times since the price broke the critical support at $2,815 on August 4. Recently, the price failed to exceed the $2.7K level, suggesting more supplies inside the $2.7K-$2.8K zone. Additionally, there is a bearish trendline on the daily chart, which offers a fresh resistance near $2.6K.<\/p>\n\n\n\n

    From a technical point, the price shows no sign of bullish movements anytime soon but indicates an upcoming bearish rally based on multiple factors. For instance, failing to break above $2.8K, sliding below the 50-EMA, and maintaining a position below the daily trendline resistance are all suggesting a potential downtrend ahead.<\/p>\n\n\n\n

    ETH\/USD must break the 50-EMA and the $2.7K level to avoid a deeper correction from the current stage. Otherwise, holland below these resistance levels for another week will only accelerate the growing supplies and crash the price below the critical support at $2,110.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC On Sideways Movement As The Price Stucks Between $60K and $65K, ETH Awaits BTC Lead While Holding Below $2.5K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-on-sideways-movement-as-the-price-stucks-between-60k-and-65k-eth-awaits-btc-lead-while-holding-below-2-5k","to_ping":"","pinged":"","post_modified":"2024-10-14 04:05:42","post_modified_gmt":"2024-10-13 17:05:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19178","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 4 5 6 7 8 85

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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