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Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover

NewsBTC LogoNewsBTC2d ago

Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover - NewsBTC

Quick Summary:

"ETH is respecting the $2.8K level as resistance yet again and failed to push through on the first test back up there,” Daan stated.  The current price action leaves Ethereum in a kind of “no man’s land,” making it essential to determine where a higher low might be created.

Related Reading: Solana Holds Support Above Key Indicator – Expert Sees Push To ATH If Momentum Returns Top crypto analyst Daan shared a technical analysis highlighting that Ethereum is once again respecting the $2,800 level but failed to push through on its first test.

Related Reading: Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence Daan suggests that from this point, Ethereum might form a range, which will help reassess its next move.


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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-09 @ 08:30:12 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 65 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25992523

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 10 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #102

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