Cryptocurrency Analysis, Forecast & News

Ethereum has had a rough Tuesday session, dropping rather precipitously from right around the $4750 level. With that being the case, the market is worth paying close attention to, because it can be used as a bit of a risk barometer, especially when it comes to other cryptocurrency markets. While the Ethereum market is considered to be secondary to the Bitcoin market, and therefore I think you need to be cautious because if Bitcoin continues to struggle, Ethereum is going to get crushed.

Dogecoin is not far from a major bullish breakout – will it make it?

Ethereum has been fairly quiet during the trading session here on Tuesday as we hang around the 50 day EMA. The 50 day EMA of course is an indicator that a lot of people will be paying attention to. But I think what's even more important is the $4,000 level just below. The $4,000 level is a large round, psychologically significant figure. And of course, it will attract a lot of attention in general. If we turn around and break above the 50 day EMA, then it's likely that the market could go looking at the $4,500 level, possibly even the $4,800 level.

Ethereum collapsed during the trading session on Monday, breaking below the 50 Day EMA, reaching the $4000 level. The $4000 level of course is a large, round, psychologically significant figure, and an area that we have seen a lot of support in previously. All things being equal, this is a market that continues to see a lot of reaction to risk appetite, and at this juncture, it’s probably worth noting that we have been in a range for some time. It’s an $800 rectangle that we find ourselves in, and therefore if and when we can break out of this rectangle, then we could see an $800 move based on “measured move” analysis.

Polkadot (DOT) is pressing $4.52 resistance with bullish momentum, but the next daily closes will decide if it breaks toward $4.60–$5.00 or slides back toward $4.30.

Ethereum continues to consolidate near $4,500, with the FOMC decision and Bitcoin’s momentum likely to determine its next explosive move.

The launch of the first Dogecoin ETF ($DOJE) signals a new era for memecoin investing, with analysts predicting major inflows, rising legitimacy, and potential to ignite the next crypto bull run.

Ethereum rebounded from $4,500 support, forming a bullish hammer, with traders watching $4,800 upside and $4,200 downside levels.

Ethereum regains bullish momentum above $4,500, with eyes on $4,800 and strong support near $4,200 as the long-term uptrend stays intact.

Despite September’s traditional status as a bad month for crypto, prices across the cryptocurrency ecosystem notched higher over the past week, with some tokens recording double-digit gains.

Ethereum is consolidating between $4200 and $4500, with a breakout higher setting up a bullish signal targeting $4900.

Ethereum remains range-bound between $4,200 and $4,500, with a breakout above resistance needed to fuel a push toward $5,000.

Solana’s price is up 5% over the last 24 hours to trade at $213 at the time of writing on Monday. This recovery has fueled hopes of a continued SOL price rally into new all-time highs above $600, fueled by macroeconomic shifts and technical strength.

Ethereum was rejected at $4,500 on Friday as weak jobs data dented risk appetite, leaving $4,000 and the 50-day EMA as critical support levels.

Ethereum dipped to test $4,300 support, with $4,000 as key downside protection, while bulls still target $5,000 if post-NFP risk appetite improves.