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Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n

Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","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

As market volatility abated on Saturday, Ethereum (ETH) was hovering near a critical support level of $1,630 to begin the weekend.<\/p>\n\n\n\n

Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n

Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","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
\"\"
ETH\/USD<\/a> may return to the $1.5K zone if the support at $1,624 is broken. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

As market volatility abated on Saturday, Ethereum (ETH) was hovering near a critical support level of $1,630 to begin the weekend.<\/p>\n\n\n\n

Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n

Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","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<\/h2>\n\n\n\n
\"\"
ETH\/USD<\/a> may return to the $1.5K zone if the support at $1,624 is broken. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

As market volatility abated on Saturday, Ethereum (ETH) was hovering near a critical support level of $1,630 to begin the weekend.<\/p>\n\n\n\n

Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n

Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","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 … 5 6 7 8 9 … 20

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\n
  • ETH price can retest the $1.5K zone once the current support at $1,620 is broken.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"\"
    ETH\/USD<\/a> may return to the $1.5K zone if the support at $1,624 is broken. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    As market volatility abated on Saturday, Ethereum (ETH) was hovering near a critical support level of $1,630 to begin the weekend.<\/p>\n\n\n\n

    Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n

    Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","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
  • RSI is at 38.49, indicating the current consolidation may turn into a long-term downtrend.<\/li>\n\n\n\n
  • ETH price can retest the $1.5K zone once the current support at $1,620 is broken.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"\"
    ETH\/USD<\/a> may return to the $1.5K zone if the support at $1,624 is broken. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    As market volatility abated on Saturday, Ethereum (ETH) was hovering near a critical support level of $1,630 to begin the weekend.<\/p>\n\n\n\n

    Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n

    Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","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 … 5 6 7 8 9 … 20

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    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

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    ADVERTISEMENT
    \n
  • Ethereum failed to return above $1.7K since the bearish crossover between 50 and 100 EMA.<\/li>\n\n\n\n
  • RSI is at 38.49, indicating the current consolidation may turn into a long-term downtrend.<\/li>\n\n\n\n
  • ETH price can retest the $1.5K zone once the current support at $1,620 is broken.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"\"
    ETH\/USD<\/a> may return to the $1.5K zone if the support at $1,624 is broken. Source: The Distributed.<\/figcaption><\/figure>\n\n\n\n

    As market volatility abated on Saturday, Ethereum (ETH) was hovering near a critical support level of $1,630 to begin the weekend.<\/p>\n\n\n\n

    Following the daily low of $1,624 on Friday, ETH gained little in today's session, reaching a high of $1,637.<\/p>\n\n\n\n

    Bulls have been rejecting bearish advances throughout the majority of the week despite repeated attempts by bears to break through the previously noted price floor. Technically, Ethereum still needs to break the current support at $1,620 to make more room for a further downside movement targeting the $1.5K zone.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Still Mired In Consolidation Around $25K, And The ETH Yet To Break The $1.6K Support Despite The Overall Bearish Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-still-mired-in-consolidation-around-25k-and-the-eth-yet-to-break-the-1-6k-support-despite-the-overall-bearish-trend","to_ping":"","pinged":"","post_modified":"2023-09-13 13:07:55","post_modified_gmt":"2023-09-13 03:07:55","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13357","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