• bitcoinBitcoin (BTC) $ 105,022.00
  • ethereumEthereum (ETH) $ 2,532.54
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 650.92
  • solanaSolana (SOL) $ 145.56
  • usd-coinUSDC (USDC) $ 0.999783
  • dogecoinDogecoin (DOGE) $ 0.176661
  • tronTRON (TRX) $ 0.269543
  • staked-etherLido Staked Ether (STETH) $ 2,532.35
  • cardanoCardano (ADA) $ 0.635941
  • hyperliquidHyperliquid (HYPE) $ 42.25
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,958.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,051.88
  • suiSui (SUI) $ 3.02
  • chainlinkChainlink (LINK) $ 13.18
  • bitcoin-cashBitcoin Cash (BCH) $ 433.08
  • leo-tokenLEO Token (LEO) $ 9.03
  • stellarStellar (XLM) $ 0.260110
  • avalanche-2Avalanche (AVAX) $ 19.17
  • the-open-networkToncoin (TON) $ 3.02
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999680
  • hedera-hashgraphHedera (HBAR) $ 0.159135
  • wethWETH (WETH) $ 2,533.53
  • wrapped-eethWrapped eETH (WEETH) $ 2,706.21
  • litecoinLitecoin (LTC) $ 86.70
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 318.42
  • polkadotPolkadot (DOT) $ 3.80
  • whitebitWhiteBIT Coin (WBT) $ 39.16
  • bitget-tokenBitget Token (BGB) $ 4.54
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,147.00
  • pepePepe (PEPE) $ 0.000011
  • uniswapUniswap (UNI) $ 7.33
  • pi-networkPi Network (PI) $ 0.584134
  • aaveAave (AAVE) $ 276.21
  • daiDai (DAI) $ 1.00
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 373.43
  • okbOKB (OKB) $ 51.73
  • internet-computerInternet Computer (ICP) $ 5.69
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.51
  • crypto-com-chainCronos (CRO) $ 0.091668
  • nearNEAR Protocol (NEAR) $ 2.22
  • ethereum-classicEthereum Classic (ETC) $ 16.76
  • ondo-financeOndo (ONDO) $ 0.789737
  • jito-staked-solJito Staked SOL (JITOSOL) $ 175.92
  • tokenize-xchangeTokenize Xchange (TKX) $ 30.19
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.642343
  • gatechain-tokenGate (GT) $ 17.31
  • official-trumpOfficial Trump (TRUMP) $ 10.22
  • kaspaKaspa (KAS) $ 0.076079
  • vechainVeChain (VET) $ 0.022287
  • fasttokenFasttoken (FTN) $ 4.45
  • skySky (SKY) $ 0.088643
  • cosmosCosmos Hub (ATOM) $ 4.11
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,589.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.201666
  • ethenaEthena (ENA) $ 0.296062
  • render-tokenRender (RENDER) $ 3.44
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.668595
  • arbitrumArbitrum (ARB) $ 0.342578
  • filecoinFilecoin (FIL) $ 2.44
  • worldcoin-wldWorldcoin (WLD) $ 0.986396
  • algorandAlgorand (ALGO) $ 0.179878
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,532.94
  • usdt0USDT0 (USDT0) $ 0.999450
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997720
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.37
  • usdtbUSDtb (USDTB) $ 1.00
  • kucoin-sharesKuCoin (KCS) $ 11.22
  • spx6900SPX6900 (SPX) $ 1.45
  • binance-staked-solBinance Staked SOL (BNSOL) $ 153.87
  • flare-networksFlare (FLR) $ 0.018386
  • fartcoinFartcoin (FARTCOIN) $ 1.21
  • jupiter-exchange-solanaJupiter (JUP) $ 0.412193
  • celestiaCelestia (TIA) $ 1.80
  • nexoNEXO (NEXO) $ 1.21
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.84
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,881.98
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,651.44
  • injective-protocolInjective (INJ) $ 11.73
  • bonkBonk (BONK) $ 0.000015
  • sonic-3Sonic (S) $ 0.335171
  • story-2Story (IP) $ 3.62
  • optimismOptimism (OP) $ 0.600775
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.060043
  • paypal-usdPayPal USD (PYUSD) $ 0.999960
  • blockstackStacks (STX) $ 0.630960
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,707.28
  • sei-networkSei (SEI) $ 0.176512
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,656.06
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 104,830.00
  • kaiaKaia (KAIA) $ 0.150816
  • wbnbWrapped BNB (WBNB) $ 650.93
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,872.00
  • immutable-xImmutable (IMX) $ 0.459218
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,659.43
  • dogwifcoindogwifhat (WIF) $ 0.850125
  • tether-goldTether Gold (XAUT) $ 3,433.33
  • the-graphThe Graph (GRT) $ 0.087679
  • pax-goldPAX Gold (PAXG) $ 3,455.98
  • vaultaVaulta (A) $ 0.528351
  • clbtcclBTC (CLBTC) $ 107,118.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.604283
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.45
  • newton-projectAB (AB) $ 0.012453
  • flokiFLOKI (FLOKI) $ 0.000078
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 162.33
  • lido-daoLido DAO (LDO) $ 0.813386
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,736.41
  • msolMarinade Staked SOL (MSOL) $ 189.11
  • ousgOUSG (OUSG) $ 111.43
  • zcashZcash (ZEC) $ 44.02
  • theta-tokenTheta Network (THETA) $ 0.707808
  • galaGALA (GALA) $ 0.015074
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999733
  • jito-governance-tokenJito (JTO) $ 1.99
  • ethereum-name-serviceEthereum Name Service (ENS) $ 20.10
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • bittorrentBitTorrent (BTT) $ 0.00000067
  • iotaIOTA (IOTA) $ 0.170880
  • the-sandboxThe Sandbox (SAND) $ 0.264258
  • jasmycoinJasmyCoin (JASMY) $ 0.013121
  • wrapped-hypeWrapped HYPE (WHYPE) $ 42.13
  • walrus-2Walrus (WAL) $ 0.463992
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.01
  • bitcoin-svBitcoin SV (BSV) $ 31.09
  • usual-usdUsual USD (USD0) $ 0.997670
  • pyth-networkPyth Network (PYTH) $ 0.106723
  • pendlePendle (PENDLE) $ 3.79
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009670
  • aerodrome-financeAerodrome Finance (AERO) $ 0.726709
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 104,588.00
  • raydiumRaydium (RAY) $ 2.06
  • tezosTezos (XTZ) $ 0.564934
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • coredaoorgCore (CORE) $ 0.583503
  • falcon-financeFalcon USD (USDF) $ 0.999398
  • saros-financeSaros (SAROS) $ 0.216718
  • super-oethSuper OETH (SUPEROETH) $ 2,533.38
  • flowFlow (FLOW) $ 0.350759
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,535.44
  • tbtctBTC (TBTC) $ 104,981.00
  • apecoinApeCoin (APE) $ 0.684720
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,659.91
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,708.91
  • thorchainTHORChain (RUNE) $ 1.50
  • dexeDeXe (DEXE) $ 8.98
  • syrupMaple Finance (SYRUP) $ 0.473428
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,533.96
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,146.00
  • decentralandDecentraland (MANA) $ 0.263988
  • true-usdTrueUSD (TUSD) $ 0.998221
  • staked-hypeStaked HYPE (STHYPE) $ 42.13
  • compound-governance-tokenCompound (COMP) $ 52.25
  • grassGrass (GRASS) $ 1.64
  • heliumHelium (HNT) $ 2.50
  • kavaKava (KAVA) $ 0.418719
  • chain-2Onyxcoin (XCN) $ 0.013380
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.176380
  • based-brettBrett (BRETT) $ 0.044873
  • morphoMorpho (MORPHO) $ 1.42
  • keetaKeeta (KTA) $ 1.08
  • beldexBeldex (BDX) $ 0.060702
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999804
  • usddUSDD (USDD) $ 1.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.356461
  • axelarAxelar (AXL) $ 0.421238
  • ecasheCash (XEC) $ 0.000021
  • aethirAethir (ATH) $ 0.041603
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.32
  • dydx-chaindYdX (DYDX) $ 0.520492
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • apenftAPENFT (NFT) $ 0.00000041
  • ripple-usdRipple USD (RLUSD) $ 0.999690
  • ketKet (KET) $ 0.400286
  • starknetStarknet (STRK) $ 0.120063
  • arweaveArweave (AR) $ 6.12
  • usdbUSDB (USDB) $ 0.991567
  • neoNEO (NEO) $ 5.61
  • elrond-erd-2MultiversX (EGLD) $ 13.92
  • eigenlayerEigenlayer (EIGEN) $ 1.28
  • eosEOS (EOS) $ 0.529783
  • stader-ethxStader ETHx (ETHX) $ 2,690.46
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,531.69
  • conflux-tokenConflux (CFX) $ 0.074841
  • axie-infinityAxie Infinity (AXS) $ 2.32
  • movementMovement (MOVE) $ 0.145550
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.003706
  • telcoinTelcoin (TEL) $ 0.004003
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006310

Ethereum (ETH) Now on Verge of Death Cross

0 28

Ethereum (ETH) Now on Verge of Death Cross

The 50-day Exponential Moving Average (EMA) is about to cross below the 200-day EMA, putting Ethereum closer to the edge of facing some serious consecuences, especially if investors keep on actively selling the asset, despite the fact that institutional investors are actively buying it.

ETH has been having trouble keeping up after being under constant downward pressure. The asset is currently trading at about $2,640, having fallen from earlier highs of over $3,500 due to frequent sell-offs. A bearish structure that could get stronger if the death cross materializes is reinforced by the price action’s lower highs and lower lows.

Ethereum (ETH) Now on Verge of Death Cross

Furthermore, during sell-offs, trading volume has increased, indicating growing bearish sentiment. While Ethereum is getting close to oversold conditions, there is still potential for more declines, as indicated by the Relative Strength Index (RSI), which is currently trading at about 35. In the short term, ETH may rise back toward the $2,950 resistance level if it finds support at $2,500 and buyers enter the market aggressively. For a possible recovery, this level will be crucial.

Sometimes panic-selling occurs as a result of death crosses and traders take advantage of oversold conditions to cause a sharp reversal. If ETH picks up speed again, it might push back toward $3,200 and reclaim the psychological level of $3,000. Further declines, perhaps toward the $2,200 range, could be possible if there is a clear break below the $2,500 support.

As investors respond to the death cross, increased selling pressure could hasten losses. Ethereum may go through a protracted correction, resembling earlier death cross patterns that resulted in multi-week drops, if it is unable to hold above $2,640 and sentiment remains pessimistic.

The price movement of ETH around the crucial $2,500 support should be carefully watched by traders. While a clear breakdown might necessitate caution or hedging techniques, a notable bounce with volume might present a chance for a short-term trade. Whether Ethereum can overcome the bearish signal or give in to additional downward pressure will depend on its next move.

Source

Leave A Reply

Your email address will not be published.