Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
📉
On August 5, 2024, ethereum's price action has been overwhelmingly bearish across multiple timeframes. This widespread bearish sentiment signals strong downward pressure on Ethereum's price.
Despite short-term consolidation, which suggests some market indecision, the general indicators still lean towards further downward movement. This scenario underscores the importance of caution for traders navigating Ethereum's market.
As critical support levels come into play, the emphasis on vigilance cannot be overstated. The market is searching for stability amid these turbulent conditions.
Source: news.bitcoin.com ↗
Similar articles (146)
Ether Rebounds Off Key Support Signals Long Term Bullishness
Ethereum Eyes ‘Final Dip’ Below $2.5K – Will This Be the Launchpad for a New All-Time High?
Why Ethereum traders are closely watching ETH/BTC charts — Spoiler alert, it's bullish
3 signs Ethereum price is gearing up for a rebound toward $6K
Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next?
Ethereum price enters buy zone — Is a revenge rally in the making?
Ethereum price enters buy zone — Is a revenge rally in the making?
Ethereum eyes 40% gains as ETH price fractal approaches final phase
Ethereum price enters buy zone — Is a revenge rally in the making?
Is Ethereum About to Explode? Analyst Notes Price ‘Lagging’ Behind Soaring Fundamentals
Why Ethereum traders are closely watching ETH/BTC charts — Spoiler alert, it's bullish
Ethereum fractal hints at $3.3K as analyst says its 'go time' for ETH price
Ethereum fractal hints at $3.3K as analyst says its 'go time' for ETH price
Will Ethereum Break Free from Its Mixed Market Signals?
Ethereum Down But Analyst Thinks ETH Is Primed For Massive Gains
Ethereum Poised for 20% Rally Following Buying Pressure from ETF Investors, While MoonTaurus Gains Momentum
Is Ether about to get out of its funk? Three factors that signal a new rally
Ethereum Bullish Pattern Signals Upcoming Rally – Analyst Sets $2,870 Target
Ethereum Oversold? Researcher Predicts Speculative Surge Could Spark Market Revival
Ethereum In 2021 Vs. 2024: Fractal Suggests Major Breakout In Q4
Ethereum Leverage Increases: Analyst Predicts Longs Could Benefit
Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally
Ethereum ($ETH) remains in the green - could this be a turning point?
Ethereum’s Plunge Could Be Over: This Key Pattern Signals A Rally Back To $4,000
ETH Rally Pushes Profitability To Nearly 70%: More To Come This Week?
Triple Bottom Formation: Is Ethereum Set For Major Upswing In Q4?
Is Ethereum Following The S&P 500 Fractal? Expert Gives Surprising ETH Price Prediction
Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?
Analyst Spots New Critical Ethereum Price Levels With Options Expiry Over
Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn
Ethereum Set For A Bullish Breakout? Expert Cites Strong Upside Potential
Ethereum Setting Up For A Potential Upward Breakout Rally, Here’s How
Ethereum Next Big Move Incoming? Expert Points To 75% Price Surge Ahead
Is Ethereum’s Double Bottom Pattern The Key To Bullish Rebound?
Ethereum Bulls Lag Despite BTC’s Move Above $70,000: Here’s Why
Will Ethereum rebound? THIS signals potential bull run
Ethereum Set for a Surge? Top Analyst Spots Bullish Signal—Big Moves Ahead!
Ethereum Cannot Recover! What to Expect from ETH Price in the Coming Months? Analysts Point to These Dates for Bottom and Rise!
Ethereum Near Bottom? Here’s How to Navigate ETH Price Rally
What Will Happen Next in Ethereum? According to Analysts, ETH, Which Has Been Crushed Against Bitcoin (BTC), Is Preparing for a Big Breakout!
Will Ethereum surge 48% to $3,550 soon? Analysts weigh in
Ethereum (ETH) Price Shows Signs of Recovery After The Summer Decline
As Ethereum nears critical support level, THIS hints at potential reversal
Ethereum: Dubious Speculation – Is It Still Following Historical Patterns?
58% of Ethereum (ETH) Traders Are Long, Price Rally Incoming?
Ethereum Price Analysis: Is a Major Bullish Rebound Imminent This Week?
Despite Ethereum’s recent decline, why ETH can still reach $4.7K
Ethereum (ETH) Price Rally at Risk as First Sell Signals Appear in 3 Weeks
Is Ethereum set for a breakout? 2 factors hold the key
Ethereum's New ATH Is Waiting For Another Spring, According to Former Wall Street Analyst! But These Three Major Events Could Set Records!
Analyst – 2 reasons why Ethereum’s downtrend is nearing its end
Bullish Pattern Spotted in Ethereum, Eyes on 12% Price Jump
Ethereum poised for 17% upswing? Key historical insights predict rally
Ethereum Picks Up Speed as Bitcoin Eyes Recovery Toward $60K: Here’s the Next ETH Price Trend
Data Shows Ethereum (ETH) Price May Have Hit the Bottom
Ethereum (ETH) Price Shows Signs of Recovery: Analysts Eye Potential 100% Rally
Ethereum: Odds of ETH hitting a new ATH in Q4 are…
Coming soon the withdrawal of over $350 million in Ethereum: how will the price of the crypto ETH react?
Analyst: Ethereum’s price is ‘lagging,’ but what about a reversal?
Ethereum’s Swift Recovery Sets Stage for 100% Price Rally. Here’s Why
Is Ethereum Price Poised for a Major Comeback? Analysts Weigh In!
Ethereum Faces Short-Term Pullback
Ethereum and Cardano Exhibit Bullish Momentum – Here’s What to Watch
Ethereum’s bull vs bear case: What’s next for ETH price?
Ethereum forms first bullish divergence in 2 years: Major rally ahead?
Analyst: ETH’s “Hate Rally” Could Spark a Rebound
Will Ethereum follow the bullish patterns of 2016, 2019?
Analysts Foresee Ethereum Rally Despite Corrections
Analysts Forecast Ethereum’s Price Bottom
Buying Ethereum (ETH) Now Could Be a Smart Move, Recent Insights Show
Ethereum (ETH) Traders Unfazed by Price Decline, Expect Bullish Rebound
Is the Bullish Divergence on Ethereum Still Alive? Here’s What the ETH Price Rally Indicates
Ethereum’s supply crisis – Is this a potential set-up for a new rally?
Ethereum Realized Price Holds Strong: Is an Altcoin Bull Market Coming?
Why Ethereum’s long-terms trends look bullish despite short-term sell-offs
Ethereum Lower Targets Activated While Bulls Await for Right Time to Jump In—A 20% Rise Is Imminent
U.S. investors choose Ethereum despite market turmoil: Bullish for ETH?
Ethereum struggles as BTC, SOL lead in money flow: Can ETH turn around?
Ethereum Price Analysis: ETH Price Ready For A Major Reversal In Q4?
Ethereum (ETH) Could Soon Say Goodbye to the Bull Market
Bad News for Ethereum Bulls: ETH Rally May Be Delayed Until This Date! Here Are Analysts' Expectations!
Ethereum slumps near reversal – Is this the sign of a bull run?
Ethereum (ETH) Price Recovery From 8-Month Low Might Be Rocky
Ethereum Price Activity Has Begun: Analytics Company Evaluates ETH
Ethereum price prediction shows bulls might struggle from THIS point
Ethereum: THIS may limit ETH’s potential upside
Ethereum dominance dips – Is ETH poised for a rebound or decline?
Ethereum’s past tells all: Is ETH poised for massive rally?
Ethereum long traders trapped: Will ETH decline in Q4 as well?
Ethereum’s Path to a 6-Week High Hinges on These Key Holders
Ethereum’s promised upgrades could aid price recovery, but until then…
Ethereum’s Bullish Breakout, ETH Poised for 23% Rally
Ethereum Price Poised for Potential Breakout: Technical Analysis
Ethereum retests 2024 bottom range: Will fresh demand emerge?
Expert Says Ethereum Price Is “Ready” As Vitalik Buterin Confirms ETH’s Future
Is Ethereum Price Forming a Macro Bottom?
Ethereum Braces for 7% Upswing as Solana Eyes Bullish Target Above $163
Is now the time to shift to Ethereum?
Ethereum weathers FUD storm: Analysts signal potential bottom and recovery
Ethereum (ETH) Eyes 12% Rally as 100% Win-Rate Trader Goes Long
Ethereum Futures signal bullish shift despite price drop – What’s next for ETH?
Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend
Ethereum Is Dead: Key On-Chain Metrics Bursts Myth, ETH Price Rally Ahead?
Will Ethereum Bounce Back from Low Prices?
Will Ethereum Beat Its Misfortune? Analysts Reveal the Necessary Condition for a Rally
Ethereum price analysis: Strong outflows, MACD hint at a move to…
Ethereum Price Signals Uptrend, DeFi Activity Fuels Optimism
Ethereum’s ‘fake breakdown’ spotted – What does it mean for ETH’s next move?
Ethereum News Today : Why ETH Price Could be Poised for a Major Bull Run
Ethereum mirrors Solana’s 2023 moves – Is 222% gains possible for ETH too?
Is it Time for Ethereum Price to Bounce Again?
Ethereum’s breakout odds – Here’s what traders can look out for!
Charting Ethereum’s path to ATH: Will Bitcoin’s record rally pave the way?
Will Ethereum (ETH) Return to Its Cool Days After Trump Victory? Bitfinex Analysts Reveal Their Expectations and Price Prediction!
Will Ethereum turn bearish in the short-term? Analyzing key trends
Ethereum Price Eyes Breakout as Larry Fink Predicts Dramatic Growth
Ethereum Investors Monitor Market Trends
Analysts Predict Ethereum Rally Despite Recent Corrections
Ethereum Defies Pessimism and Shows Signs of Recovery
Analyst Predicts Ethereum’s Potential Bottom
Analysts Predict Ethereum Rally Despite Recent Corrections
Market Trends Show Bittensor and Ethereum Price Predictions
Ethereum (ETH) Poised for Bull Rally After $2,850 Reclaim: Bullish Indicators Emerge
Ethereum (ETH) Poised for 4% Surge as Pennant Pattern Forms, Analyst Predicts
Ethereum’s Potential Resurgence Amid November Elections and Regulatory Clarity
Ethereum (ETH) Predicted to Break Records by Year-End Amidst Bullish On-Chain Data
Ethereum (ETH) Faces Short-Term Pullback: Key Support Levels and Investor Insights
Ethereum Technical Pattern Suggests Potential Rally Toward $2,800 Amidst Recent Price Consolidation
Could Ethereum Break Free from Current Downtrend? Analyzing Price Movements and Market Sentiment
Ethereum Poised for Bull Market: Analyst Predicts Funding Rate Surge Ahead of Major Price Rally
Ethereum (ETH) Poised to Surge Past All-Time Highs: Insights from Khelp Financial CEO Boomer Saraga
Ethereum’s Modest Recovery Sparks Investor Optimism: Is a Bullish Rally on the Horizon?
Ethereum’s Consolidation Phase: Could Demand Shift Post-U.S. Elections?
Ethereum’s Record-High Fundamentals Signal Imminent Price Surge Despite Current Lag
ETH Set for Potential Bullish Surge After Major Liquidation Event, Analyst Suggests
Ethereum (ETH) Poised for Potential Correction as Analysts Highlight Bearish Pattern
Ethereum (ETH) Forms Bullish Flag Pattern, Eyes Potential Upsurge to $2,820
Could Ethereum (ETH) Rebound from Recent Declines, or Is a Stronger Bearish Trend Ahead?
Ether Analysis Suggests Potential 25-50% Rebound Against Bitcoin by 2025 Amid Ongoing Price Challenges
Ethereum (ETH) Approaches Critical Technical Levels Amid Recovery and Market Analysis
Ethereum Price Recovery Potential: Futures Market Reset Could Trigger Bullish Rebound
Ether (ETH) Price Set for Breakout After Prolonged Downtrend as Whales Reemerge in Crypto Market
Ethereum (ETH) Price Poised for Growth Following Vitalik Buterin’s Bullish Insights and Upcoming Options Expiry
Ethereum’s Price Breakout May Hint at Potential Altseason, With Key Support and Demand Trends Emerging
Exploring Ethereum’s Potential Breakout: Could ETH Surpass Key Resistance Levels for a Possible Rally?
Could Bitcoin’s Recent Resistance Testing Indicate a Potential Ethereum Price Breakout Amid Mixed Market Sentiments?
