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Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout Newsbtc 26 Aug 2024

Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout 📈

Ethereum is in a classic accumulation phase following its recent correction, targeting a $3,000 price level. After falling to $2,116 just 20 days ago, ETH surged, indicating a rise in bullish momentum.

This phase has attracted analysts and investors closely monitoring ETH's price action. The recovery has sparked optimism, with some market experts predicting ETH could reach $3,000 soon. This rally is a critical milestone, reflecting investors' confidence in Ethereum's long-term value.

Recent technical analysis by trader Castillo Trader highlighted a potential upward trajectory, suggesting ETH might retest lower demand at $2,611 before targeting $3,000. The $3,000 level is both a psychological barrier and recent support, making it a crucial resistance point.

If ETH breaks above and consolidates at $3,000, it could pave the way for a sustained uptrend. Currently trading at $2,743, ETH might retest lower demand around $2,500, establishing a stronger foundation. However, volatility suggests ETH could bypass the retest and push directly to $3,000.

The daily 200 EMA at $3,026 is another critical resistance level. Breaking above it would signal a bullish continuation. Closing above the 200 EMA would solidify bullish sentiment, positioning ETH for an extended rally.

Quelle: www.newsbtc.com ↗

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Ethereum Price $3K Rally at Risk as ETH Turns Inflationary Post-Dencun Coingape 06 Okt 2024
Ethereum Price $3K Rally at Risk as ETH Turns Inflationary Post-Dencun
Ethereum Technical Analysis: ETH Trades Above $2,600 Amid Strong Market Activity Bitcoin.com 23 Sep 2024
Ethereum Technical Analysis: ETH Trades Above $2,600 Amid Strong Market Activity
Ethereum: Liquidation levels indicate move toward $2.8k resistance Ambcrypto 23 Sep 2024
Ethereum: Liquidation levels indicate move toward $2.8k resistance
Ethereum breaks key resistance with rising open interest – Is $3,000 next? Ambcrypto 24 Sep 2024
Ethereum breaks key resistance with rising open interest – Is $3,000 next?
Ethereum to $2900: Bulls take advantage of declining BTC dominance Ambcrypto 25 Sep 2024
Ethereum to $2900: Bulls take advantage of declining BTC dominance
Ethereum Technical Analysis: Oscillators and Moving Averages Hint at Bearish Trend Bitcoin.com 07 Okt 2024
Ethereum Technical Analysis: Oscillators and Moving Averages Hint at Bearish Trend
Ethereum Price Breaks $2,600 as Market Shows Bullish Signs Blockonomi 15 Okt 2024
Ethereum Price Breaks $2,600 as Market Shows Bullish Signs
Ethereum Price Today: Will ETH Price Rally Above $2,800 Despite Market Uncertainty? Coinpedia 08 Okt 2024
Ethereum Price Today: Will ETH Price Rally Above $2,800 Despite Market Uncertainty?
Ethereum struggles at $2.8K: Will the bulls push through? Ambcrypto 31 Okt 2024
Ethereum struggles at $2.8K: Will the bulls push through?
Ethereum Rockets Past $3,000: A Comeback Story or Short-Lived Rise? Bitcoin.com 09 Nov 2024
Ethereum Rockets Past $3,000: A Comeback Story or Short-Lived Rise?
Can Ethereum reach $6K if it holds above $2300? Ambcrypto 09 Okt 2024
Can Ethereum reach $6K if it holds above $2300?
Ethereum Struggles: Is It Ready To Rise or Fall Below $2,116? Coinpedia 09 Okt 2024
Ethereum Struggles: Is It Ready To Rise or Fall Below $2,116?
Ethereum’s Make or Break Moment: Can ETH Survive the Bearish Trend? Coinpedia 10 Okt 2024
Ethereum’s Make or Break Moment: Can ETH Survive the Bearish Trend?
Ethereum Technical Analysis: ETH Price Holds Key Support, Eyes Upper Breakout Bitcoin.com 21 Okt 2024
Ethereum Technical Analysis: ETH Price Holds Key Support, Eyes Upper Breakout
Ethereum Price Exit From 11-Week Accumulation Signals $3000 Breakout Coingape 20 Okt 2024
Ethereum Price Exit From 11-Week Accumulation Signals $3000 Breakout
Ethereum breaks $3,000: Can ETH hold support at THIS level Ambcrypto 09 Nov 2024
Ethereum breaks $3,000: Can ETH hold support at THIS level
Ethereum Price Risks Of Falling If It Loses This Key Support Level Coingape 13 Okt 2024
Ethereum Price Risks Of Falling If It Loses This Key Support Level
Ethereum ETH Price Surpasses $2,700 as Market Momentum Builds Blockonomi 21 Okt 2024
Ethereum ETH Price Surpasses $2,700 as Market Momentum Builds
The Road to $2,550: Analyzing Ethereum’s Price Climb Blockonomi 14 Okt 2024
The Road to $2,550: Analyzing Ethereum’s Price Climb
Ethereum’s bullish case: Why $2264 is key for ETH to rally Ambcrypto 14 Okt 2024
Ethereum’s bullish case: Why $2264 is key for ETH to rally
5 Reasons Why Ethereum Price is Stuck Below $3,000 Coingape 28 Okt 2024
5 Reasons Why Ethereum Price is Stuck Below $3,000
Ethereum’s Next Move: Breaking $2,700 or Falling Back? Blockonomi 17 Okt 2024
Ethereum’s Next Move: Breaking $2,700 or Falling Back?
Ethereum Price Records Mixed Sentiments! Can ETH Price Break $4k? Coinpedia 15 Nov 2024
Ethereum Price Records Mixed Sentiments! Can ETH Price Break $4k?
Ethereum Price Analysis: $2,700 Resistance Key to Altcoin Market Rally Coin Edition 23 Okt 2024
Ethereum Price Analysis: $2,700 Resistance Key to Altcoin Market Rally
Ethereum price prediction: What’s next as ETH stalls near $2700? Ambcrypto 17 Okt 2024
Ethereum price prediction: What’s next as ETH stalls near $2700?
Will Ethereum Price Fail $3,000 Breakout as Whale Selling Prolongs? Coingape 03 Nov 2024
Will Ethereum Price Fail $3,000 Breakout as Whale Selling Prolongs?
Ethereum Price Prediction: Is a Breakout t $2,626 on the Horizon? Coinpedia 18 Okt 2024
Ethereum Price Prediction: Is a Breakout t $2,626 on the Horizon?
Ethereum: Why this weekend could set the stage for a $3K breakthrough Ambcrypto 08 Nov 2024
Ethereum: Why this weekend could set the stage for a $3K breakthrough
Ethereum Price Eyes $3,100 After Bitcoin’s Revival Coingape 30 Okt 2024
Ethereum Price Eyes $3,100 After Bitcoin’s Revival
Ethereum Seeks New Heights Above $2,500 Bitcoinhaber 04 Nov 2024
Ethereum Seeks New Heights Above $2,500
Ethereum’s surge to $3.6K: Speculation fuels rise, but is a pullback still likely? Ambcrypto vor 3 Wochen
Ethereum’s surge to $3.6K: Speculation fuels rise, but is a pullback still likely?
ETH’s $3,200 test: Will Ethereum whales drive the rally or cause a setback? Ambcrypto 12 Nov 2024
ETH’s $3,200 test: Will Ethereum whales drive the rally or cause a setback?
Ethereum Struggles with Price Resistance Bitcoinhaber 05 Nov 2024
Ethereum Struggles with Price Resistance
Ethereum Eyes $3,000 Amid Weakening Selling Pressure: Can Bullish On-Chain Metrics Hold ETH Price? Coinpedia 07 Nov 2024
Ethereum Eyes $3,000 Amid Weakening Selling Pressure: Can Bullish On-Chain Metrics Hold ETH Price?
ETH Price Analysis: Multiple Indicators Point to Extended Rally Blockonomi 22 Nov 2024
ETH Price Analysis: Multiple Indicators Point to Extended Rally
Ethereum Price Surpasses $2,500 Amid Technical Breakout Blockonomi 06 Nov 2024
Ethereum Price Surpasses $2,500 Amid Technical Breakout
Ethereum’s next big move: Is $3,900 on the horizon if $3,600 breaks? Ambcrypto vor 3 Wochen
Ethereum’s next big move: Is $3,900 on the horizon if $3,600 breaks?
Ethereum (ETH) Price Analysis: Key Levels to Watch as ETH Trades Near $3,600 Blockonomi vor 3 Wochen
Ethereum (ETH) Price Analysis: Key Levels to Watch as ETH Trades Near $3,600
Ethereum Price Update: Can It Hold the Momentum? Coinpedia vor 3 Wochen
Ethereum Price Update: Can It Hold the Momentum?
Ethereum Price Today: Sell Signal Threatens ETH’s $4,000 Breakout Rally Coingape vor 3 Wochen
Ethereum Price Today: Sell Signal Threatens ETH’s $4,000 Breakout Rally
Ethereum (ETH) Price Action: Bulls Defend Critical Support as $3,500 Beckons Blockonomi vor 4 Wochen
Ethereum (ETH) Price Action: Bulls Defend Critical Support as $3,500 Beckons
Analysts divided: Will Ethereum break the $3,400 barrier soon? Ambcrypto 18 Nov 2024
Analysts divided: Will Ethereum break the $3,400 barrier soon?
Why Is Ethereum Price Stuck Below $4,000? Coingape 14 Nov 2024
Why Is Ethereum Price Stuck Below $4,000?
Ethereum Shows Strength After Recent Drop Bitcoinhaber 22 Nov 2024
Ethereum Shows Strength After Recent Drop
Ethereum (ETH) Price Action Shows Strength as Bulls Target $3,800 Mark Blockonomi vor 3 Wochen
Ethereum (ETH) Price Action Shows Strength as Bulls Target $3,800 Mark
Mapping how Ethereum’s price can return to $3,400 and beyond Ambcrypto 16 Nov 2024
Mapping how Ethereum’s price can return to $3,400 and beyond
ETH Price Analysis: Triangle Pattern Forms as Bulls Target $3,320 Blockonomi 18 Nov 2024
ETH Price Analysis: Triangle Pattern Forms as Bulls Target $3,320
Ethereum Price Today: ETH Needs to do This For $5,000 Coingape 23 Nov 2024
Ethereum Price Today: ETH Needs to do This For $5,000
Ethereum Bulls Struggling to Clear $3400—Here’s What’s Next for the ETH Price Ahead of a ‘Golden Cross’ Coinpedia vor 4 Wochen
Ethereum Bulls Struggling to Clear $3400—Here’s What’s Next for the ETH Price Ahead of a ‘Golden Cross’
Ethereum Price Today Trades at $3,300 as After BTC Tumbles Coingape vor 4 Wochen
Ethereum Price Today Trades at $3,300 as After BTC Tumbles
Ethereum Approaches $3,500: Liquidation Risks Could Stall Bulls Coin Edition vor 4 Wochen
Ethereum Approaches $3,500: Liquidation Risks Could Stall Bulls
Ethereum Price Today: ETH Hints at $3,000 Revisit Coingape vor 3 Wochen
Ethereum Price Today: ETH Hints at $3,000 Revisit
Ethereum (ETH) Price: Technical Indicators Signal Potential Rally to $6,000 Blockonomi vor 2 Wochen
Ethereum (ETH) Price: Technical Indicators Signal Potential Rally to $6,000
Ethereum faces THIS resistance again: Will sixth time be the charm? Ambcrypto vor 2 Wochen
Ethereum faces THIS resistance again: Will sixth time be the charm?
Ethereum (ETH) Price: Ethereum Shows Bullish Signs Above $3,700 Support Blockonomi vor 2 Wochen
Ethereum (ETH) Price: Ethereum Shows Bullish Signs Above $3,700 Support
Ethereum Price Today: Will ETH Bulls Undo Sell Signal? Coingape vor 2 Wochen
Ethereum Price Today: Will ETH Bulls Undo Sell Signal?
Ethereum (ETH) Price Shows Strong Weekly Performance as Price Tests Key Levels Blockonomi vor 2 Wochen
Ethereum (ETH) Price Shows Strong Weekly Performance as Price Tests Key Levels
Ethereum rally: Will $3.5K support trigger a recovery for ETH?  Ambcrypto vor 1 Woche
Ethereum rally: Will $3.5K support trigger a recovery for ETH? 
Ethereum Showcases Resilience and Growth Following Recent Declines Cointurk 22 Nov 2024
Ethereum Showcases Resilience and Growth Following Recent Declines
Experts Assess Ethereum’s Price Trends and Support Levels Cointurk 13 Okt 2024
Experts Assess Ethereum’s Price Trends and Support Levels
Ethereum Tests Key Support Level as Market Eyes Potential Recovery Towards $6,000 Coinotag 27 Okt 2024
Ethereum Tests Key Support Level as Market Eyes Potential Recovery Towards $6,000
Ethereum Price Predictions: Will ETH Rebound Above $3,000 or Face a Downturn? Coinotag 18 Okt 2024
Ethereum Price Predictions: Will ETH Rebound Above $3,000 or Face a Downturn?
Exploring the Possibilities: Could Ethereum (ETH) Break Resistance at $2,836 or Slip to $2,062? Coinotag 10 Okt 2024
Exploring the Possibilities: Could Ethereum (ETH) Break Resistance at $2,836 or Slip to $2,062?
Ethereum’s Market Analysis: Can It Overcome the $2,800 Resistance to Spark a New Uptrend? Coinotag 26 Aug 2024
Ethereum’s Market Analysis: Can It Overcome the $2,800 Resistance to Spark a New Uptrend?
Ethereum Approaches Critical $3,920 Resistance Level Amidst Bullish Momentum and Increased Whale Activity Coinotag vor 2 Wochen
Ethereum Approaches Critical $3,920 Resistance Level Amidst Bullish Momentum and Increased Whale Activity
Ethereum Surpasses $3,000 Amid Gains While Trader Suggests Potential Reversal Coinotag 09 Nov 2024
Ethereum Surpasses $3,000 Amid Gains While Trader Suggests Potential Reversal
Ethereum Eyes $4,000 Amid Resistance at $3,900: Will Bulls Breakthrough? Coinotag vor 1 Woche
Ethereum Eyes $4,000 Amid Resistance at $3,900: Will Bulls Breakthrough?
Ether Appears Poised for Breakout Above $3,700 Despite Selling Pressure from Whales and Early Investors Coinotag 22 Nov 2024
Ether Appears Poised for Breakout Above $3,700 Despite Selling Pressure from Whales and Early Investors
Ethereum Shows Potential for Growth, Eyes Resistance Levels Between $3,420 and $3,600 Coinotag 23 Nov 2024
Ethereum Shows Potential for Growth, Eyes Resistance Levels Between $3,420 and $3,600
Ethereum Shows Signs of Resilience as Bulls Aim for Potential Rally Toward $3,600 Amid Decreasing Selling Pressure Coinotag 17 Nov 2024
Ethereum Shows Signs of Resilience as Bulls Aim for Potential Rally Toward $3,600 Amid Decreasing Selling Pressure
Ethereum Price Analysis: Potential Decline Below $2,900 or Rebound Toward $3,443 Amid Weak Market Momentum Coinotag 15 Nov 2024
Ethereum Price Analysis: Potential Decline Below $2,900 or Rebound Toward $3,443 Amid Weak Market Momentum
Ethereum Poised for Volatility: Key Liquidation Thresholds at $3800 and $3600 Explained Coinotag vor 3 Wochen
Ethereum Poised for Volatility: Key Liquidation Thresholds at $3800 and $3600 Explained
Could Ethereum Approach $3K as Bitcoin Remains Dominant After Election? Coinotag 09 Nov 2024
Could Ethereum Approach $3K as Bitcoin Remains Dominant After Election?
Ethereum Price Targets $3,562 Amid Strong Bullish Momentum and Potential for Further Gains Coinotag 13 Nov 2024
Ethereum Price Targets $3,562 Amid Strong Bullish Momentum and Potential for Further Gains
Could Ethereum (ETH) Overcome Current Challenges to Reclaim the $2,600 Level? Coinotag 08 Okt 2024
Could Ethereum (ETH) Overcome Current Challenges to Reclaim the $2,600 Level?
Ethereum Faces Critical Resistance as ETH/BTC Pair Struggles in Market Dynamics Coinotag 17 Nov 2024
Ethereum Faces Critical Resistance as ETH/BTC Pair Struggles in Market Dynamics
Ethereum Tests $3.6K Resistance: Could a Breakout Lead to $3.9K? Coinotag vor 3 Wochen
Ethereum Tests $3.6K Resistance: Could a Breakout Lead to $3.9K?
Could Ethereum’s Support at $2,300 Signal a Potential Rally Towards $6,000? Coinotag 08 Okt 2024
Could Ethereum’s Support at $2,300 Signal a Potential Rally Towards $6,000?
Ethereum (ETH) Navigates Potential Price Shifts: Could It Drop to $2,320 or Rise to $3,102? Coinotag 15 Okt 2024
Ethereum (ETH) Navigates Potential Price Shifts: Could It Drop to $2,320 or Rise to $3,102?