Friday, June 20, 2025
Market News Board | Market Analysis,Charts & News
No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Huatai Securities Co., Ltd. Approves Final Dividend, Payable on August 15, 2025

    Shell Discontinues Brazilian Renewable Projects

    KB Home Announces the Grand Opening of Its Newest Community in A Desirable Southeast Stockton, California Location

    Canada's retail sales up in April, likely to post big drop in May

    Canada’s retail sales up in April, likely to post big drop in May

    The Two-Week Ticking Clock | MarketScreener

    The Two-Week Ticking Clock | MarketScreener

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    Shell Discontinues Brazilian Renewable Projects

    Franklin BSP Realty Trust Issues $107 Million in Debt Notes in Private Offering

    Russia says Middle East is plunging into 'abyss'

    Russia says Middle East is plunging into ‘abyss’

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? — TradingView News

    ETH/BTC Setup Could Trigger Altseason — TradingView News

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
Market News Board
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Huatai Securities Co., Ltd. Approves Final Dividend, Payable on August 15, 2025

    Shell Discontinues Brazilian Renewable Projects

    KB Home Announces the Grand Opening of Its Newest Community in A Desirable Southeast Stockton, California Location

    Canada's retail sales up in April, likely to post big drop in May

    Canada’s retail sales up in April, likely to post big drop in May

    The Two-Week Ticking Clock | MarketScreener

    The Two-Week Ticking Clock | MarketScreener

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    The Fed Waits Out the Tariff Economy; BOE Mirrors Fed by Holding Rates

    Shell Discontinues Brazilian Renewable Projects

    Franklin BSP Realty Trust Issues $107 Million in Debt Notes in Private Offering

    Russia says Middle East is plunging into 'abyss'

    Russia says Middle East is plunging into ‘abyss’

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

    Shell Discontinues Brazilian Renewable Projects

    Details of the top cases before the US Supreme Court

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

    Aurora Completes $3 Million Multi-Year Investments in B.C. Manufacturing Facility

    US Equity Indexes Mixed as Investors Assess Mideast Diplomacy, Fed Policy Forecasts

    Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? — TradingView News

    ETH/BTC Setup Could Trigger Altseason — TradingView News

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    Outdated Tax Laws Are Undermining Bitcoin Mining in the U.S.

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
No Result
View All Result
Market News Board | Market Analysis,Charts & News
No Result
View All Result
Home Crypto

Analyst Spots Key Ethereum Resistance Levels While RSI Hints At Bullish Divergence — TradingView News

by Market News Board
3 months ago
in Crypto, Cryptocurrency News, Ethereum
Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? — TradingView News
Share on FacebookShare on TwitterShare on Pinterest

In an X post shared today, acclaimed cryptocurrency analyst Ali Martinez identified two key resistance levels that Ethereum (ETH) must reclaim to confirm a bullish trend reversal. Additionally, ETH is showing signs of bullish divergence on the daily chart, raising optimism among holders that a rally may be closer than expected.

Ethereum Must Overcome These Levels For Further Upside

Unlike rival cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and XRP, ETH’s recent price action has disappointed most of its holders. The second-largest cryptocurrency by market capitalization is down 49.2% over the past year, in stark contrast to BTC’s 18.5% gain over the same period.

Sharing the following daily chart, Martinez highlighted two critical resistance levels that ETH must surpass to reverse its price trajectory. The analyst stated:

Ethereum $ETH needs to reclaim $2,100, and more decisively, $2,300, to confirm a bullish trend reversal. These are the levels to watch!

To recall, ETH last traded at the $2,100 level earlier this month on March 9. Interestingly, the digital asset also plunged to as low as $1,754 on the same day, its lowest price in more than a year. 

After reclaiming $2,100, ETH will need to overcome the more significant $2,300 resistance level. A clear breakout above $2,300 could signal renewed bullish momentum.

Meanwhile, altcoin analyst @altcoinrookie shared a bearish forecast for Ethereum, predicting that ETH will dip to $1,200 by June 2025 before reaching new all-time highs (ATHs).

alt

ETH Showing Signs Of Bullish Divergence

While these analyses suggest short- to mid-term challenges for ETH, crypto trader Merlijn The Trade provided a more optimistic outlook. The analyst shared the following ETH daily chart, noting that the asset is displaying bullish divergence.

merlijn

For the uninitiated, the RSI is a momentum indicator that helps traders and investors to determine when the underlying asset may be overbought or oversold. RSI bullish divergence occurs when the RSI forms higher lows while the price forms lower lows, indicating weakening selling pressure and a potential trend reversal to the upside.

The trader further pointed out that although ETH’s price continues to make lower lows, its daily RSI is forming a contrasting trend. Merlijn also shared a two-week ETH price chart, highlighting how Ethereum has historically rebounded from a critical support level since early 2024, often posting significant returns after each bounce.

merlijn

That said, rising ETH reserves on crypto exchanges remain a concern, potentially extending ETH’s price suppression. At press time, ETH trades at $1,840, up 2.1% in the past 24 hours.

ethereum

Source link >

Related Posts

Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News
Crypto

Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News

20 minutes ago
Shell Discontinues Brazilian Renewable Projects
Commodities

Details of the top cases before the US Supreme Court

23 minutes ago
Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut
Bitcoin

Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut

1 hour ago
Next Post
Dollar struggles for direction before Trump's reciprocal tariffs, awaits data

Dollar struggles for direction before Trump's reciprocal tariffs, awaits data

No Help Yet For Taiwan Stock Market

Stock Market News For Mar 31, 2025

Bitcoin sellers 'dry up' as weekly exchange inflows near 2-year low

Bitcoin sellers 'dry up' as weekly exchange inflows near 2-year low

Recent Posts

  • Stock market today: Nifty50 ends above 25,100; BSE Sensex up over 1,000 points – top reasons for rally
  • Joe Lubin just became Ethereum’s top champion. Just don’t call him ‘Mr. Saylor of ETH’ – DL News
  • Details of the top cases before the US Supreme Court
  • Bitcoin Bull Run May Restart Due to Surprise Fed Rate Cut
  • dow futures today news: U.S. stock market futures fall: Dow, S&P 500, Nasdaq fall on oil drop, Fed signals, and rising Iran–Israel tensions
Market News Board | Market Analysis,Charts & News

© 2025 - Market News Board

Navigate Site

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP

© 2025 - Market News Board