Ethereum Price Prediction: Can ETH Hold $2,400 After the Fed's First Hike in Three Years?
12 Articles
12 Articles
Ethereum Price Prediction: Can ETH Hold $2,400 After the Fed's First Hike in Three Years?
The Fed just hiked rates for the first time in three years, and Ethereum barely flinched while Bitcoin and Solana swung hard. Whether that calm reflects genuine strength or a fragile pause before a deeper slide depends on forces quietly building beneath the surface.
Ethereum Price Analysis: Can ETH Hold $2,560 Support After Breakout?
Ethereum remains above the crucial $2,560 breakout level despite short-term selling pressure. Analysts are watching whether ETH can sustain support and move toward $2,760, while a large leveraged long position highlights heightened market exposure around current prices.
Ethereum (ETH) advances 5.51% in the last 24 hours to USD 2.721.15, breaking the USD 2,600 zone and approaching the 90-day Fibonacci level 0.0% in USD $2.746.1. The daily volume of USD $17.47 billion exceeds 15.31% the monthly average, the open interest of futures rose by about 10% in a day and the technical indicators show upward momentum, although the RSI of 69.6 and the stochastic in 93.3 warn of possible overpurchase in the short term.
Ethereum regains its strength after crossing the $2,700, a level that it had not reached for more than seven months. The decline in ETH reserves on trading platforms and the strong growth of several altcoins now fuel the hypothesis of a market rotation, even if the signals of a real altseason still remain to be confirmed. The Ethereum article sends positive signals: the season of the Altcoins launched ? appeared first on Cryptoast.
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