Ethereum price forecast: ETH could dip below $3k amid bearish PA

2025-11-14 16:42

Key takeaways

ETH is down 10% and now trades around $3,100 per coin. The bearish performance comes as the broader crypto market records a massive selloff. ETH dips 10% amid wider market selloff

Ether, the second-largest cryptocurrency by market cap, has lost 10% of its value in the last 24 hours, sparking increased profit-taking and loss realization, as prices approached the cost basis of whales.

This latest development comes as Ethereum investors have intensified their selling activities over the past few days. Data obtained from Santiment revealed that investors have booked over $500 million in profits and $100 million in losses since Sunday. 

In addition to that, Ether’s price is approaching the average cost basis or realized price of whales with a balance of 10K-100K ETH, which is around $2,900. A dip below this cost basis will spark intense selling pressure as the whales look to cut losses.

Whales have been key in absorbing selling pressure since ETH’s price decline accelerated over the past month, as they have increased their collective balance by 890K ETH during the period. 

ETH could dip below $3k as selling pressure intensifies

The ETH/USD daily chart remains bearish and efficient as Ether has lost 10% of its value in the last 24 hours. The coin faced rejection at the previous broken trendline around $3,592 earlier this week and has dipped by 10% since then. At press time, ETH is trading at $3,140 per coin. 

If the selloff continues, ETH could lose the $3k support level and dip towards the $2,900 psychological level. Failure to close the daily candle above the $3,170 region could spark further selloff for Ether.

Similar to Bitcoin, Ethereum’s RSI and MACD indicate bearish momentum gaining traction, signaling a deeper correction ahead.

However, if Ether recovers and closes the daily candle above $3,170, it could rally towards the next resistance level at $3,592.

The post Ethereum price forecast: ETH could dip below $3k amid bearish PA appeared first on CoinJournal.

origin »

Ethereum (ETH) на Currencies.ru

$ 3168.06 (+0.18%)
Объем 24H $24.797b
Изменеия 24h: -0.63 %, 7d: 4.93 %
Cегодня L: $3122.96 - H: $3185.96
Капитализация $382.37b Rank 2
Цена в час новости $ 3184.22 (-0.51%)

eth market amid bearish forecast ethereum selloff

eth market → Результатов: 126


Фото:

Ethereum (ETH) Lowest Fees Claimed on Decentralized Platform, Also Vitalik Buterin on the State of Ethereum

The team behind Blockonix, a decentralized exchange, has set a very major target in front of them. Crypto-verse market domination with a very attractive argument: having the lowest fees. The company promises that the platform will have top quality in being user-friendly and very low fees if their native token is used.

2018-8-18 21:42


Фото:

Market Update – BTC And ETH Crashing, XRP Finding Balance

Last weeks optimism has well and truly vanished. We start August on a very negative note. The markets are down, values are falling and overall, everything is a little bit disappointing. After almost two weeks of positive movements, we finally saw, for the first time in a number of months, various cryptocurrencies moving back up towards their April highs, back on the road to recovery.

2018-8-1 12:30


Ethereum [ETH]’s Vitalik Buterin shrugs off need for Bitcoin [BTC] ETFs, market is resilient

The last week was filled with speculation, despair, and relief for Bitcoin [BTC] investors. The market went on a rollercoaster ride on the coattails of ETF speculation. However, even as news of the Winklevoss Twins’ ETF proposal being rejected drove the price down, the market quickly showed resilience and regained past prices. In the light […]

2018-7-31 16:24


Ethereum to fall further? High profile investors are shorting ETH

Ethereum has seen its value go down by 36% in the past year. Being the world’s second largest cryptocurrency, it is surprising that it is falling at all, but what is even more shocking is that many investors, cryptocurrency enthusiasts and market participants are betting against the fact that the cryptocurrency may see more losses The post Ethereum to fall further? High profile investors are shorting ETH appeared first on ItsBlockchain.

2018-7-26 16:29