Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
coinpedia 2025-01-06 09:44:00

Ethereum Displays a Stable Price Action—Is it a Good Time to Buy or Sell ETH?

Ethereum Displays a Stable Price Action—Is it a Good Time to Buy or Sell ETH?

The post Ethereum Displays a Stable Price Action—Is it a Good Time to Buy or Sell ETH? appeared first on Coinpedia Fintech News In the wider landscape, the Ethereum price broke down from a bullish range; however, the current price action suggests the token could be preparing to gain levels within the range. Despite a consolidated close to 2024, the 2025 trade began on a bullish note with the price surging above $3500 after a long time. The indicators flipped to bullish, suggesting a bullish continuation for the long time ahead. Meanwhile, the current ETH price action suggests no major price action may be anticipated for another few days. Has the ETH price rally halted? Is a new ATH out of the way? The ETH price is juggling around $3600 after the rise from a consolidated range of $3350, breaking the descending pattern. The technicals are neither in favour of bulls nor the bears, which suggests a stable market. The volume data seems negative, which implies a lack of buying interest. In such a scenario, the question arises whether it is a good time to buy Ethereum or to sell. The current price action indicates the ETH price is trading under bullish influence as it sticks within a rising parallel channel. As the RSI remains incremental, the possibility of maintaining a continued ascending trend remains higher. Meanwhile, the +Di & -Di levels raise some concerns as they have converged, aiming for a bearish crossover, while the bulls have managed to keep up the trade above the support. As a result, both levels are going parallel to each other with less deviation. Secondly, as seen in most of the cryptos, the volume has drained and reached the lowest levels, suggesting a massive squeeze. The key support and resistance levels are around $3678 and $3608, respectively. As the technicals do not display any major deviation, the risk assessment indicates mixed signals leading to a HOLD recommendation. Besides, the trader’s interest has also dropped as the volume remains restricted while other technicals are currently indecisive. In simple words, the ETH market is stable right now but it may be certainly not the time to either buy or sell but just hold.

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
627
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.