• bitcoinBitcoin (BTC) $ 98,095.00
  • ethereumEthereum (ETH) $ 3,472.49
  • tetherTether (USDT) $ 0.998538
  • xrpXRP (XRP) $ 2.32
  • bnbBNB (BNB) $ 680.29
  • solanaSolana (SOL) $ 194.52
  • dogecoinDogecoin (DOGE) $ 0.338453
  • usd-coinUSDC (USDC) $ 0.998086
  • cardanoCardano (ADA) $ 0.969824
  • staked-etherLido Staked Ether (STETH) $ 3,462.76
  • tronTRON (TRX) $ 0.251529
  • avalanche-2Avalanche (AVAX) $ 40.96
  • chainlinkChainlink (LINK) $ 24.13
  • wrapped-stethWrapped stETH (WSTETH) $ 4,129.50
  • the-open-networkToncoin (TON) $ 5.51
  • suiSui (SUI) $ 4.75
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,875.00
  • polkadotPolkadot (DOT) $ 7.51
  • stellarStellar (XLM) $ 0.376048
  • hyperliquidHyperliquid (HYPE) $ 32.71
  • hedera-hashgraphHedera (HBAR) $ 0.270749
  • wethWETH (WETH) $ 3,479.04
  • bitcoin-cashBitcoin Cash (BCH) $ 468.97
  • leo-tokenLEO Token (LEO) $ 9.27
  • uniswapUniswap (UNI) $ 14.02
  • pepePepe (PEPE) $ 0.000019
  • litecoinLitecoin (LTC) $ 103.45
  • wrapped-eethWrapped eETH (WEETH) $ 3,669.65
  • nearNEAR Protocol (NEAR) $ 5.43
  • bitget-tokenBitget Token (BGB) $ 4.42
  • aptosAptos (APT) $ 10.70
  • ethena-usdeEthena USDe (USDE) $ 0.998259
  • internet-computerInternet Computer (ICP) $ 10.95
  • usdsUSDS (USDS) $ 0.997269
  • aaveAave (AAVE) $ 325.12
  • crypto-com-chainCronos (CRO) $ 0.167930
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.506874
  • mantleMantle (MNT) $ 1.23
  • ethereum-classicEthereum Classic (ETC) $ 27.52
  • vechainVeChain (VET) $ 0.049143
  • render-tokenRender (RENDER) $ 7.68
  • mantra-daoMANTRA (OM) $ 3.91
  • bittensorBittensor (TAO) $ 486.83
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.37
  • ethenaEthena (ENA) $ 1.20
  • whitebitWhiteBIT Coin (WBT) $ 24.51
  • moneroMonero (XMR) $ 190.59
  • arbitrumArbitrum (ARB) $ 0.812462
  • daiDai (DAI) $ 0.998240
  • filecoinFilecoin (FIL) $ 5.27
  • kaspaKaspa (KAS) $ 0.125924
  • fantomFantom (FTM) $ 1.07
  • algorandAlgorand (ALGO) $ 0.357699
  • cosmosCosmos Hub (ATOM) $ 7.09
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.77
  • okbOKB (OKB) $ 46.22
  • blockstackStacks (STX) $ 1.80
  • ondo-financeOndo (ONDO) $ 1.83
  • optimismOptimism (OP) $ 1.91
  • bonkBonk (BONK) $ 0.000034
  • celestiaCelestia (TIA) $ 5.40
  • immutable-xImmutable (IMX) $ 1.47
  • movementMovement (MOVE) $ 1.05
  • theta-tokenTheta Network (THETA) $ 2.30
  • injective-protocolInjective (INJ) $ 22.40
  • dogwifcoindogwifhat (WIF) $ 2.16
  • the-graphThe Graph (GRT) $ 0.224694
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,475.54
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 98,240.00
  • sei-networkSei (SEI) $ 0.460178
  • worldcoin-wldWorldcoin (WLD) $ 2.38
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030012
  • thorchainTHORChain (RUNE) $ 5.39
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,583.02
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,892.89
  • flokiFLOKI (FLOKI) $ 0.000180
  • jasmycoinJasmyCoin (JASMY) $ 0.035878
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996470
  • gatechain-tokenGate (GT) $ 13.28
  • galaGALA (GALA) $ 0.039119
  • lido-daoLido DAO (LDO) $ 1.81
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,658.30
  • flare-networksFlare (FLR) $ 0.028327
  • beam-2Beam (BEAM) $ 0.029003
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.90
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 98,068.00
  • makerMaker (MKR) $ 1,673.46
  • the-sandboxThe Sandbox (SAND) $ 0.602023
  • pyth-networkPyth Network (PYTH) $ 0.391916
  • fasttokenFasttoken (FTN) $ 3.32
  • tezosTezos (XTZ) $ 1.37
  • based-brettBrett (BRETT) $ 0.139665
  • usual-usdUsual USD (USD0) $ 0.997878
  • kaiaKaia (KAIA) $ 0.236488
  • nexoNEXO (NEXO) $ 1.39
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 98,020.00
  • kucoin-sharesKuCoin (KCS) $ 11.39
  • raydiumRaydium (RAY) $ 4.65
  • eosEOS (EOS) $ 0.858215
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,574.42
  • heliumHelium (HNT) $ 7.18
  • binance-staked-solBinance Staked SOL (BNSOL) $ 198.71
  • ethereum-name-serviceEthereum Name Service (ENS) $ 37.39
  • jupiter-exchange-solanaJupiter (JUP) $ 0.893042
  • aerodrome-financeAerodrome Finance (AERO) $ 1.67
  • flowFlow (FLOW) $ 0.759144
  • xdce-crowd-saleXDC Network (XDC) $ 0.078505
  • starknetStarknet (STRK) $ 0.507191
  • arweaveArweave (AR) $ 17.38
  • iotaIOTA (IOTA) $ 0.316120
  • dydx-chaindYdX (DYDX) $ 1.58
  • aioz-networkAIOZ Network (AIOZ) $ 0.984491
  • bitcoin-svBitcoin SV (BSV) $ 56.15
  • curve-dao-tokenCurve DAO (CRV) $ 0.882894
  • msolMarinade Staked SOL (MSOL) $ 242.91
  • coredaoorgCore (CORE) $ 1.15
  • bittorrentBitTorrent (BTT) $ 0.000001
  • neoNEO (NEO) $ 14.89
  • axie-infinityAxie Infinity (AXS) $ 6.61
  • elrond-erd-2MultiversX (EGLD) $ 36.99
  • matic-networkPolygon (MATIC) $ 0.507851
  • decentralandDecentraland (MANA) $ 0.507565
  • fartcoinFartcoin (FARTCOIN) $ 0.908581
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,466.44
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 97,237.00
  • apecoinApeCoin (APE) $ 1.23
  • pendlePendle (PENDLE) $ 5.41
  • eigenlayerEigenlayer (EIGEN) $ 4.15
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,808.00
  • zcashZcash (ZEC) $ 54.78
  • jito-governance-tokenJito (JTO) $ 3.14
  • mog-coinMog Coin (MOG) $ 0.000002
  • chilizChiliz (CHZ) $ 0.091264
  • akash-networkAkash Network (AKT) $ 3.36
  • ai16zai16z (AI16Z) $ 0.737940
  • wormholeWormhole (W) $ 0.287194
  • conflux-tokenConflux (CFX) $ 0.169018
  • popcatPopcat (POPCAT) $ 0.810202
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,482.41
  • mina-protocolMina Protocol (MINA) $ 0.649834
  • compound-governance-tokenCompound (COMP) $ 86.13
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 207.55
  • roninRonin (RON) $ 2.01
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.54
  • superfarmSuperVerse (SUPER) $ 1.66
  • spx6900SPX6900 (SPX) $ 0.801428
  • usddUSDD (USDD) $ 0.997539
  • havvenSynthetix Network (SNX) $ 2.16
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,479.43
  • ecasheCash (XEC) $ 0.000037
  • chiaChia (XCH) $ 22.42
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007096
  • dydxdYdX (ETHDYDX) $ 1.58
  • amp-tokenAmp (AMP) $ 0.008319
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.339450
  • zksyncZKsync (ZK) $ 0.190144
  • gnosisGnosis (GNO) $ 268.76
  • notcoinNotcoin (NOT) $ 0.006739
  • axelarAxelar (AXL) $ 0.782514
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.685628
  • chex-tokenCHEX Token (CHEX) $ 0.679821
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 97,722.00
  • layerzeroLayerZero (ZRO) $ 5.99
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • tether-goldTether Gold (XAUT) $ 2,625.53
  • fraxFrax (FRAX) $ 0.993108
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,658.93
  • reserve-rights-tokenReserve Rights (RSR) $ 0.011811
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000114
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,767.01
  • grassGrass (GRASS) $ 2.56
  • turboTurbo (TURBO) $ 0.008932
  • vanaVana (VANA) $ 19.97
  • usualUsual (USUAL) $ 1.27
  • oasis-networkOasis (ROSE) $ 0.087502
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006588
  • blurBlur (BLUR) $ 0.279774
  • ordinalsORDI (ORDI) $ 27.76
  • creditcoin-2Creditcoin (CTC) $ 1.40
  • super-oethSuper OETH (SUPEROETHB) $ 3,483.40
  • echelon-primeEchelon Prime (PRIME) $ 11.21
  • 1inch1inch (1INCH) $ 0.409046
  • safeSafe (SAFE) $ 1.11
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.34
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.540571
  • beldexBeldex (BDX) $ 0.077500
  • livepeerLivepeer (LPT) $ 14.48
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 98,119.00
  • susdssUSDS (SUSDS) $ 1.02
  • paypal-usdPayPal USD (PYUSD) $ 0.998481
  • arkhamArkham (ARKM) $ 1.57
  • gigachad-2Gigachad (GIGA) $ 0.054742
  • kusamaKusama (KSM) $ 32.97
  • apenftAPENFT (NFT) $ 0.00000053
  • nervos-networkNervos Network (CKB) $ 0.011411
  • pax-goldPAX Gold (PAXG) $ 2,622.91
  • pumpbtcpumpBTC (PUMPBTC) $ 97,278.00
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,485.34
  • snekSnek (SNEK) $ 0.006724

ETH Trapped in a Narrow Range as $2K Remains Critical Bullish Target (Ethereum Price Analysis)

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ETH Trapped in a Narrow Range as $2K Remains Critical Bullish Target (Ethereum Price Analysis)

Ethereum’s price finds itself tightly confined within a narrow range, hemmed in by the upper boundary of the descending flag and the 100-day moving average. However, this narrow range is on the verge of being breached, indicating an imminent direction for its next move.

Technical Analysis

By Shayan

The Daily Chart

Zooming in on the daily chart, Ethereum has been struggling with the 100-day moving average for an extended period, failing to break below it. Presently, the price sits within a tight range between the 100-day moving average at $1814 and the upper trendline of the descending flag, approximately at $1880.

However, the price is poised to break out of this critical range, which will determine the trajectory of its next movement. If it surges above the descending trendline, Ethereum’s price will aim for the significant resistance zone around $2K. Conversely, a drop below the 100-day MA will lead to a cascade toward the next support level at roughly $1.7K.

ETH Trapped in a Narrow Range as $2K Remains Critical Bullish Target (Ethereum Price Analysis)

The 4-Hour Chart

Shifting the focus to the 4-hour chart, it becomes evident that Ethereum has been trapped within a consolidation range, bounded by the static resistance zone at $2K and the static support region at $1.7K. This range has persisted for several months following unsuccessful attempts to break out.

However, Ethereum’s price also encounters a dynamic support level at the lower boundary of the ascending channel, presently at $1.8K. The cryptocurrency seems likely to remain confined within this consolidation range until the market attains a state of calmness and the SEC-Binance issue is resolved.

During this period, exercising extra caution is essential if participating in futures trading.

ETH Trapped in a Narrow Range as $2K Remains Critical Bullish Target (Ethereum Price Analysis)

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