Tag Archives: Ethereum Parallel Channel

Ethereum Risks Slide To $2,000 If December Closes Below This Level: Analyst

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A cryptocurrency analyst has explained where Ethereum could go next based on a long-term Parallel Channel forming in its monthly price chart. Ethereum Has Been Trading Inside A Parallel Channel For The Last Few Years In a new Parallel Channel” from technical analysis (TA), which forms whenever an asset’s price trades between two parallel trendlines.… Continue reading Ethereum Risks Slide To $2,000 If December Closes Below This Level: Analyst→

Ethereum To $10,000? Analyst Says ETH Has To Break This Level

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An analyst has explained how Ethereum could be eyeing $10,000 next, if it manages to break past the resistance line of this technical analysis pattern. Ethereum Is Nearing A Retest Of This Resistance Line In a new technical analysis (TA) pattern. The pattern in question is a Parallel Channel, which forms whenever an asset’s price… Continue reading Ethereum To $10,000? Analyst Says ETH Has To Break This Level→

Ethereum Price ‘Between Heaven And Hell’: $2,000 Level Retest Key For ETH’s Next Move

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On Tuesday, Ethereum (ETH) retested the $2,000 support zone, falling below this level for the first time in over a year. Some analysts suggested the second-largest crypto risks a 40% correction as its price attempts to hold its support level “between heaven and hell.” Monday Dump Sends Ethereum To 15-Month Low Ethereum has fallen to… Continue reading Ethereum Price ‘Between Heaven And Hell’: $2,000 Level Retest Key For ETH’s Next Move→

Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says

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An analyst has explained how Ethereum (ETH) could see its price crash to $1,700 if the support level of this technical analysis (TA) pattern fails. Ethereum Could Be In Danger Of Falling Under Ascending Channel Support In a new Ascending Parallel Channel from TA, which, as its name implies, involves two parallel trendlines that are… Continue reading Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says→

Ethereum Could Push To $6,000 If This Pattern Holds, Analyst Says

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An analyst has explained how Ethereum could see a run toward the $6,000 level if this historical pattern continues to hold for the asset’s price. Ethereum Ascending Channel Could Reveal Its Next Destination In a new post on X, analyst Ali Martinez has discussed a pattern that the 1-week price of Ethereum has potentially been… Continue reading Ethereum Could Push To $6,000 If This Pattern Holds, Analyst Says→