* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, October 3, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    A Tech Expo Shows What China Can Make, but Not Who’ll Buy It All – The New York Times

    Inside China’s Tech Expo: Cutting-Edge Innovations Face Uncertain Demand

    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Toni Braxton Is Turning Her Biggest Hits Into Lifetime Movies – Yahoo

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Major airline to offer new in-flight entertainment options for passengers – PennLive.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Technology Is Becoming More Important Than Humans In CX – No Jitter

    Technology Is Becoming More Important Than Humans In CX – No Jitter

    A Tech Expo Shows What China Can Make, but Not Who’ll Buy It All – The New York Times

    Inside China’s Tech Expo: Cutting-Edge Innovations Face Uncertain Demand

    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Ethereum Tests Crucial Support But Won’t Drop Below $1,850: Here’s Why To Be Bullish On ETH Price

November 17, 2023
in Business
Ethereum Tests Crucial Support But Won’t Drop Below $1,850: Here’s Why To Be Bullish On ETH Price
Share on FacebookShare on Twitter

In recent hours, the market has experienced significant liquidations. Bitcoin’s price touched the $38K resistance mark only to trigger sellers to open short positions. Consequently, the price of Bitcoin nearly dropped by $1,000, while Ethereum’s price lost its momentum above $2,000, now hovering around a critical support level. Despite this, Ethereum is showing signs of a comeback. On-chain metrics indicate an increasing accumulation, which is acting as a buffer against any decline. 

ETHBTC Touches 1-Week Low 

The latest data from Coinglass indicates significant market movements. In the past 24 hours, there was a liquidation event as Ethereum (ETH) struggled to maintain its value above $2,000. This downturn led to the liquidation of long positions worth approximately $37.5 million, strengthening the resistance level as the price did not meet buyers’ expectations.

Further insights from TradingView show that the ETH/BTC pair has reached its lowest point of the week, trading at 0.053. This trend points to an increase in selling activities in the market. Additionally, there appears to be a decreased interest from major investors, or “whales,” as Ethereum’s price could not surpass the $2,100 threshold. Data from IntoTheBlock reveals a decline in whale transactions, dropping from a high of $6.6 billion to around $4 billion. 

The potential for a decrease in Ethereum’s price may not be significant this time, as BlackRock’s initiative for a spot ETH ETF appears to have a positive impact, potentially maintaining the altcoin’s price in a favorable buying zone.

The NVT (Network Value to Transactions) ratio has been fairly steady around 48.3. This stability indicates that even though the network value has dropped due to a decrease in price, the volume of Ethereum transactions has remained high enough to keep the NVT ratio balanced. Therefore, it supports ETH’s price to hold above $1,850. 

What’s Next For ETH Price?

Ether’s value fluctuated notably, with the price attempting to decline below $1,900. However, bulls continue to put pressure, keeping the price above EMA200. As of writing, the ETH price trades at $1,936, declining over 4.55 from yesterday’s rate. 

However, the inability of the bulls to convert the $2,000 threshold into a stable support point is a concerning indicator. However, the positive move is that the buyers were able to maintain the price above the 20-day exponential moving average (EMA) on the daily chart. Should the buyers manage to sustain ETH’s value above $2,000, it could be a sign of strong purchasing activity at lower price points. In such a scenario, the price might aim to reach the higher zone, ranging from $2,140 to $2,200.

On the bearish side, if ETH’s price decreases and falls below the 200-day EMA on the 4-h chart, it would suggest a comeback of bearish momentum. Such a downturn could potentially lead to a further drop towards $1,750.  

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/altcoin/ethereum-tests-crucial-support-but-wont-drop-below-1850-heres-why-to-be-bullish-on-eth-price/

Tags: businessEthereumTests
Previous Post

Week of Surges: dYdX Leads, Followed Closely by VC Spectra and FTX Token

Next Post

BTC Price Might Hit $81K Amidst Bitcoin ETF Approval – Predicts Coinshare Research Head

FIRST LOOK: Official match ball of FIFA World Cup ‘26 – Yahoo Sports

Get an Exclusive First Look at the Official Match Ball of FIFA World Cup 2026!

October 3, 2025
Arts economy grows, but funding lags on Long Island – Long Island Business News

Long Island’s Arts Economy Thrives Despite Ongoing Funding Challenges

October 3, 2025
Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

Taylor Swift Releases New Album The Life of a Showgirl : Listen and Read the Full Credits – Yahoo

October 3, 2025
HIV pioneer Dr. William Valenti retires, leaving lasting impact on health community – 13wham.com

HIV Pioneer Dr. William Valenti Retires, Leaving an Enduring Impact on the Health Community

October 3, 2025
As the shutdown drags on, the threat of permanent cuts is mired in politics – NPR

As the Shutdown Continues, the Risk of Lasting Cuts Grows Amid Political Stalemate

October 3, 2025
West Seattle Ecology Fair 2025, report #2: Heat waves aren’t just a source of discomfort – West Seattle Blog…

West Seattle Ecology Fair 2025: Uncovering the Hidden Impacts of Heat Waves Beyond Our Comfort

October 3, 2025
Roam The Huntington after dark at an atmospheric ‘Strange Science’ night – NBC Los Angeles

Uncover the Secrets of The Huntington After Dark at the Enchanting ‘Strange Science’ Night

October 3, 2025
Viral apple cider vinegar weight loss study retracted for flawed science – ScienceDaily

Viral apple cider vinegar weight loss study retracted for flawed science – ScienceDaily

October 3, 2025
A love letter to the garden – The Inquirer and Mirror

A Heartfelt Ode to the Garden: Celebrating Nature’s Timeless Beauty

October 3, 2025
Technology Is Becoming More Important Than Humans In CX – No Jitter

Technology Is Becoming More Important Than Humans In CX – No Jitter

October 3, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (848)
  • Economy (869)
  • Entertainment (21,743)
  • General (17,380)
  • Health (9,912)
  • Lifestyle (881)
  • News (22,149)
  • People (870)
  • Politics (880)
  • Science (16,079)
  • Sports (21,369)
  • Technology (15,852)
  • World (852)

Recent News

FIRST LOOK: Official match ball of FIFA World Cup ‘26 – Yahoo Sports

Get an Exclusive First Look at the Official Match Ball of FIFA World Cup 2026!

October 3, 2025
Arts economy grows, but funding lags on Long Island – Long Island Business News

Long Island’s Arts Economy Thrives Despite Ongoing Funding Challenges

October 3, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version