Ethereum
Why Ethereum is up 1.4% in the last hour
Analysis
Ethereum (ETH) rose about 1.4% over the past hour as traders reacted to a technical setup highlighted in recent analysis, with price pressing higher while bulls attempt to challenge a key resistance area. CryptoPotato noted that ETH has been “locked out” below a critical resistance, and the short-term uptick likely reflects renewed buying interest as the market tests that level.
Contributing Factors (1)
ETH Bulls Locked Out Below This Critical Resistance: Ethereum Price Analysis
Ethereum remains under clear downside pressure after the recent impulsive sell-off, with the price now trading well below prior structural supports. The focus now shifts to how ETH reacts around major...
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.