{"id":7588,"date":"2025-01-14T13:49:10","date_gmt":"2025-01-14T13:49:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7588"},"modified":"2025-01-14T13:49:10","modified_gmt":"2025-01-14T13:49:10","slug":"ethereum-price-analysis-eth-risks-falling-to-2-5k-if-this-support-breaks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7588","title":{"rendered":"Ethereum Price Analysis: ETH Risks Falling to $2.5K if This Support Breaks"},"content":{"rendered":"
\n

Ethereum has displayed bearish signals after breaking below its 100-day moving average, underscoring increased selling activity.<\/p>\n

However, the 200-day MA, acting as the buyers\u2019 last defense, still holds, offering hope for a potential rebound.<\/p>\n

Technical Analysis<\/h2>\n

By Shayan<\/a><\/p>\n

The Daily Chart<\/h3>\n

ETH recently broke below the significant 100-day MA at $3.1K, signaling the sellers\u2019 growing dominance. This breakdown points to a potential test of the $3K support region, a critical juncture aligned with the 200-day MA.<\/p>\n

Currently, Ethereum is finding temporary support at this level, with a modest bullish reversal hinting at demand from buyers. The 200-day MA serves as the primary defensive line for bulls, and its ability to hold will determine the short-term trajectory. A breakdown below this level could trigger a mid-term bearish trend, targeting the $2.5K support zone.\"\"<\/a><\/p>\n

The 4-Hour Chart<\/h3>\n

On the 4-hour timeframe, ETH saw consolidation near the 0.5 Fibonacci retracement level ($3.2K) before sellers overwhelmed the market, breaking below this critical support. This triggered a wave of long liquidations, driving the price toward the 0.618 Fibonacci retracement level at $3K.<\/p>\n

This region is pivotal, as it represents the last major support zone for buyers. A sustained breach below this level could lead to a cascade of liquidations, driving the price toward the $2.5K target. However, Ethereum appears to be consolidating around this juncture, with a potential battle between buyers and sellers unfolding.\"\"<\/a><\/p>\n

Onchain Analysis<\/h2>\n

By Shayan<\/a><\/p>\n

Ethereum is testing the critical $3K support region, with sellers exerting pressure to reclaim control. Insights from the Taker Buy Sell Ratio provide a glimpse into market sentiment and potential direction.<\/p>\n

Upon reaching the $3K support region, the Taker Buy Sell Ratio initially surged, reflecting increased buying power and a defensive stance by buyers. However, this trend was short-lived as a subsequent sell-off coincided with a bearish reversal in the metric. Since then, the ratio has steadily declined, signaling a growing dominance of sellers in the market.<\/p>\n

If this trend persists, the likelihood of a breakdown below the $3K threshold increases. Such a scenario would likely lead to heightened selling activity, pushing ETH toward the $2.5K support level. Conversely, a reversal in the ratio could indicate renewed buyer interest, stabilizing the price at this critical juncture.\"\"<\/a><\/p>\n

The post Ethereum Price Analysis: ETH Risks Falling to $2.5K if This Support Breaks<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum has displayed bearish signals after breaking below its 100-day moving average, underscoring increased selling activity. However, the 200-day MA, acting as the buyers\u2019 last defense, still holds, offering hope for a potential rebound. Technical Analysis By Shayan The Daily Chart ETH recently broke below the significant 100-day MA at $3.1K, signaling the sellers\u2019 growing […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7588","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7588"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7588\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}