The Ethereum indicator flashes the buyer for a week – reflection potential?

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This article is also available in Spanish.

Ethereum has been fighting below 2800 USD for weeks, unable to recover it as support and call a recovery rally. This level of critical resistance stopped the bull, leaving the stagnation of the price and fueling negative moods on the market. Analysts call to continue the bear, citing the inability of Ethereum to pierce key supply zones. Wider market uncertainty and constant sales pressure have only increased the fears, which means that investors are increasingly carefully retaining the tiny -term Ethereum perspectives.

However, not everyone is bears. Some investors remain positive that Ethereum may soon enter the recovery phase. The most vital analyst Ali Martinez recently shared a technical analysis revealing that Ethereum may show signs of potential reflection. Martinez noticed that the TD sequential indicator – a commonly used tool for identifying potential trends – flashed the purchase signal on the weekly chart. This indicator, known for its accuracy in exhaustion of trends, suggests that Ethereum can get closer to the turning point.

As Ethereum consolidates at current levels, the coming weeks will be crucial when determining the next move. Will the buy signal lead to a rally or is Brearish mood dominates? For now, all eyes are at the level of $ 2800 and whether Ethereum can recover it.

Ethereum is preparing for reflection

After a dramatic sale last week, Ethereum fell from $ 2,350 to USD 2150 in less than two days, shaking the trust of investors and leaving the market in confusion. Although the price has returned strongly since then, climbing from $ 2,600–2700, Ethereum tries to regain key levels of supply, maintaining the bear moods. The way to recover remains arduous, and ETH must exceed $ 3,000 to signal the reversal of the current bear.

The best analyst Ali Martinez gave hope Ethereum Bulls, Sharing positive data on x This suggests a potential reflection on the horizon. According to technical analysis, Martinez Ethereum has signs of recovery because the sequential TD indicator flashes the purchase signal on a weekly chart.

Ethereum td sequential indicator flashes the purchase signal on a weekly graph Source: Ali Martinez on x

The sequential TD, a respected tool in technical analysis, has been specially designed to identify the moments of exhaustion of trends and reverse potential prices. The buy signal on a weekly chart is a particularly mighty indicator, which suggests that ETH can approach a critical turning point.

If Ethereum manages to exceed the USD 3000 sign and recover it as support, this will confirm the reversal of trends and can cause a rally to higher price levels. However, until this key level is violated, uncertainty remains, and the pressure of the bear can still dominate. For now, the market is carefully observing whether Ethereum can operate these positive signals and recover position. The coming weeks will be of key importance to determining whether ETH may shake off the bear and resume the path towards recovery.

Testing ETH prices key supply

Ethereum currently has trade for $ 2,695, consolidating after days from USD 2525 to 2795 USD. The market remains undecided, both bulls and bears are waiting for a breakthrough in both directions. Bulls are facing a key challenge of recovering USD 2800 as a support to obtain a momentum and exceeding the price to 3000 USD. Movement above USD 3000 would confirm the recovery rally and potentially mean the beginning of a stubborn phase for Ethereum.

ETH testing key supply around 2,700 USD | Source: Ethusdt Chart on TradingView
ETH testing key supply around 2,700 USD | Source: Ethusdt chart on TradingView

However, current price levels are crucial for maintaining the recovery phase. Maintaining a level of support in the amount of $ 2600 is necessary for bulls to build trust and attract more purchasing pressure. The loss of this level can disrupt the recovery rush and cause deeper correction, pushing ETH into lower demand zones, thanks to which test levels below USD 2,500.

The next few days will be crucial for the tiny -term direction of Ethereum, because it still floats near key levels. If the bulls are successful in recovering USD 2800 and exceeding above 3000 USD, it can attract re -interest from buyers and fuel a rally in higher supply zones. And vice versa, the lack of storage of current levels can give bears an advantage, which leads to increased sales pressure and further drops in price. For now, Ethereum remains in a critical phase of consolidation.

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