• bitcoinBitcoin (BTC) $ 60,742.00
  • ethereumEthereum (ETH) $ 2,348.21
  • tetherTether (USDT) $ 0.999880
  • bnbBNB (BNB) $ 543.64
  • solanaSolana (SOL) $ 136.28
  • usd-coinUSDC (USDC) $ 0.999544
  • xrpXRP (XRP) $ 0.522900
  • staked-etherLido Staked Ether (STETH) $ 2,347.65
  • dogecoinDogecoin (DOGE) $ 0.105010
  • tronTRON (TRX) $ 0.157426
  • the-open-networkToncoin (TON) $ 5.31
  • cardanoCardano (ADA) $ 0.344987
  • avalanche-2Avalanche (AVAX) $ 24.64
  • wrapped-stethWrapped stETH (WSTETH) $ 2,772.75
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 60,676.00
  • wethWETH (WETH) $ 2,347.95
  • chainlinkChainlink (LINK) $ 10.63
  • bitcoin-cashBitcoin Cash (BCH) $ 319.34
  • polkadotPolkadot (DOT) $ 4.12
  • daiDai (DAI) $ 1.00
  • leo-tokenLEO Token (LEO) $ 5.87
  • nearNEAR Protocol (NEAR) $ 4.62
  • uniswapUniswap (UNI) $ 6.55
  • litecoinLitecoin (LTC) $ 63.29
  • suiSui (SUI) $ 1.66
  • aptosAptos (APT) $ 8.44
  • wrapped-eethWrapped eETH (WEETH) $ 2,463.50
  • internet-computerInternet Computer (ICP) $ 7.99
  • bittensorBittensor (TAO) $ 492.65
  • pepePepe (PEPE) $ 0.000009
  • kaspaKaspa (KAS) $ 0.145913
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.37
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.376019
  • ethereum-classicEthereum Classic (ETC) $ 18.49
  • blockstackStacks (STX) $ 1.81
  • moneroMonero (XMR) $ 144.91
  • stellarStellar (XLM) $ 0.090024
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997475
  • ethena-usdeEthena USDe (USDE) $ 0.999107
  • okbOKB (OKB) $ 40.57
  • immutable-xImmutable (IMX) $ 1.51
  • crypto-com-chainCronos (CRO) $ 0.078808
  • aaveAave (AAVE) $ 141.95
  • filecoinFilecoin (FIL) $ 3.57
  • render-tokenRender (RENDER) $ 5.23
  • dogwifcoindogwifhat (WIF) $ 2.04
  • hedera-hashgraphHedera (HBAR) $ 0.051486
  • arbitrumArbitrum (ARB) $ 0.532820
  • optimismOptimism (OP) $ 1.52
  • injective-protocolInjective (INJ) $ 19.02
  • mantleMantle (MNT) $ 0.567666
  • vechainVeChain (VET) $ 0.022084
  • cosmosCosmos Hub (ATOM) $ 4.37
  • fantomFantom (FTM) $ 0.604590
  • whitebitWhiteBIT Coin (WBT) $ 11.32
  • thorchainTHORChain (RUNE) $ 4.50
  • the-graphThe Graph (GRT) $ 0.153896
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,354.57
  • sei-networkSei (SEI) $ 0.393902
  • bonkBonk (BONK) $ 0.000020
  • bitget-tokenBitget Token (BGB) $ 0.966367
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,629.09
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 60,600.00
  • makerMaker (MKR) $ 1,431.51
  • flokiFLOKI (FLOKI) $ 0.000128
  • theta-tokenTheta Network (THETA) $ 1.22
  • heliumHelium (HNT) $ 6.91
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,446.94
  • arweaveArweave (AR) $ 17.96
  • pyth-networkPyth Network (PYTH) $ 0.311015
  • gatechain-tokenGate (GT) $ 8.42
  • mantra-daoMANTRA (OM) $ 1.26
  • celestiaCelestia (TIA) $ 4.75
  • matic-networkPolygon (MATIC) $ 0.376726
  • algorandAlgorand (ALGO) $ 0.121786
  • jupiter-exchange-solanaJupiter (JUP) $ 0.741978
  • quant-networkQuant (QNT) $ 68.00
  • ondo-financeOndo (ONDO) $ 0.675637
  • popcatPopcat (POPCAT) $ 0.955183
  • lido-daoLido DAO (LDO) $ 1.03
  • jasmycoinJasmyCoin (JASMY) $ 0.018967
  • kucoin-sharesKuCoin (KCS) $ 7.56
  • bitcoin-svBitcoin SV (BSV) $ 44.14
  • bittorrentBitTorrent (BTT) $ 0.00000090
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,344.62
  • wormholeWormhole (W) $ 0.316485
  • fasttokenFasttoken (FTN) $ 2.48
  • flowFlow (FLOW) $ 0.525078
  • coredaoorgCore (CORE) $ 0.879019
  • worldcoin-wldWorldcoin (WLD) $ 1.60
  • based-brettBrett (BRETT) $ 0.078615
  • beam-2Beam (BEAM) $ 0.015033
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,389.46
  • ethenaEthena (ENA) $ 0.278422
  • flare-networksFlare (FLR) $ 0.015531
  • galaGALA (GALA) $ 0.019061
  • usddUSDD (USDD) $ 0.998130
  • notcoinNotcoin (NOT) $ 0.007110
  • conflux-tokenConflux (CFX) $ 0.160744
  • msolMarinade Staked SOL (MSOL) $ 166.24
  • klay-tokenKlaytn (KLAY) $ 0.123292
  • eosEOS (EOS) $ 0.465897
  • starknetStarknet (STRK) $ 0.361212
  • aerodrome-financeAerodrome Finance (AERO) $ 1.08
  • paypal-usdPayPal USD (PYUSD) $ 0.999749
  • ecasheCash (XEC) $ 0.000035
  • axie-infinityAxie Infinity (AXS) $ 4.49
  • neoNEO (NEO) $ 9.65
  • ordinalsORDI (ORDI) $ 32.07
  • elrond-erd-2MultiversX (EGLD) $ 24.50
  • tokenize-xchangeTokenize Xchange (TKX) $ 8.41
  • tether-goldTether Gold (XAUT) $ 2,654.46
  • nervos-networkNervos Network (CKB) $ 0.014458
  • fraxFrax (FRAX) $ 0.996934
  • tezosTezos (XTZ) $ 0.637219
  • eigenlayerEigenlayer (EIGEN) $ 3.34
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 60,635.00
  • akash-networkAkash Network (AKT) $ 2.43
  • pendlePendle (PENDLE) $ 3.68
  • the-sandboxThe Sandbox (SAND) $ 0.244242
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,403.14
  • mina-protocolMina Protocol (MINA) $ 0.486711
  • roninRonin (RON) $ 1.59
  • ethereum-name-serviceEthereum Name Service (ENS) $ 16.29
  • chilizChiliz (CHZ) $ 0.058882
  • dydx-chaindYdX (DYDX) $ 0.848753
  • nexoNEXO (NEXO) $ 0.951213
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000025
  • mog-coinMog Coin (MOG) $ 0.000001
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,347.46
  • decentralandDecentraland (MANA) $ 0.276552
  • axelarAxelar (AXL) $ 0.646216
  • pax-goldPAX Gold (PAXG) $ 2,667.11
  • aioz-networkAIOZ Network (AIOZ) $ 0.453063
  • true-usdTrueUSD (TUSD) $ 0.996295
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.79
  • aleoALEO (ALEO) $ 4.68
  • echelon-primeEchelon Prime (PRIME) $ 10.06
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,538.74
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000082
  • apecoinApeCoin (APE) $ 0.685863
  • superfarmSuperVerse (SUPER) $ 0.998630
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,347.52
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 141.86
  • oasis-networkOasis (ROSE) $ 0.066055
  • havvenSynthetix Network (SNX) $ 1.33
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.05
  • zksyncZKsync (ZK) $ 0.118892
  • layerzeroLayerZero (ZRO) $ 3.93
  • astarAstar (ASTR) $ 0.059294
  • xdce-crowd-saleXDC Network (XDC) $ 0.029131
  • dexeDeXe (DEXE) $ 7.49
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004777
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 60,911.00
  • raydiumRaydium (RAY) $ 1.60
  • frax-etherFrax Ether (FRXETH) $ 2,341.23
  • l2-standard-bridged-weth-blastL2 Standard Bridged WETH (Blast) (WETH) $ 2,347.55
  • livepeerLivepeer (LPT) $ 11.80
  • iotaIOTA (IOTA) $ 0.117692
  • book-of-memeBOOK OF MEME (BOME) $ 0.005905
  • apenftAPENFT (NFT) $ 0.00000041
  • usdbUSDB (USDB) $ 1.01
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • metaplexMetaplex (MPLX) $ 0.406822
  • theta-fuelTheta Fuel (TFUEL) $ 0.059554
  • gnosisGnosis (GNO) $ 150.38
  • bitcoin-goldBitcoin Gold (BTG) $ 22.22
  • zcashZcash (ZEC) $ 25.56
  • beldexBeldex (BDX) $ 0.057765
  • safeSafe (SAFE) $ 0.785475
  • neiro-3Neiro (NEIRO) $ 0.000905
  • compound-governance-tokenCompound (COMP) $ 42.54
  • blurBlur (BLUR) $ 0.193958
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • arkhamArkham (ARKM) $ 1.30
  • osmosisOsmosis (OSMO) $ 0.516631
  • celoCelo (CELO) $ 0.632722
  • stepnGMT (GMT) $ 0.122596
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,345.75
  • pepecoin-2PepeCoin (PEPECOIN) $ 2.87
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.06
  • dogs-2Dogs (DOGS) $ 0.000657
  • turboTurbo (TURBO) $ 0.004881
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 60,694.00
  • kavaKava (KAVA) $ 0.309743
  • iotexIoTeX (IOTX) $ 0.035289
  • safepalSafePal (SFP) $ 0.678885
  • wemix-tokenWEMIX (WEMIX) $ 0.842430
  • super-oethSuper OETH (SUPEROETHB) $ 2,343.43
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 60,750.00
  • ultimaUltima (ULTIMA) $ 7,902.69
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006090
  • ethereum-pow-iouEthereumPoW (ETHW) $ 2.90
  • 1inch1inch (1INCH) $ 0.245871
  • golemGolem (GLM) $ 0.312163
  • curve-dao-tokenCurve DAO (CRV) $ 0.258057
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.003093
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 2,575.50
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.060149

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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