breakout zone Archives - Coin Engineer

Ethereum Rebounds From Key Support: What’s Next?

Yigit Taha OZTURK — Tue, 08 Jul 2025 12:00:33 +0000

In recent days, the crypto market has entered a quiet phase. This drop in volatility is often seen as the calm before the storm. Especially in major cryptocurrencies, the sideways price action may be signaling an impending breakout that could reshape the short-term market trend.

Strong Reaction From Ethereum

On the 4-hour chart, Ethereum (ETH) bounced from the 2,493 – 2,459 USD support zone with a notable upward move. This level has acted as a significant support for some time, and the bounce from here is technically important. Still, Ethereum has not clearly determined its next direction. Price action remains trapped between support and resistance.

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Breakout Direction Will Be Crucial

A similar pattern is seen in Bitcoin as well. The overall market is in a consolidation phase, which often precedes major moves. From a technical standpoint, strong momentum could build in either direction. Traders should closely monitor volume increases and breakout levels in the coming hours.

ETH/USDT pair 4-hour chart.

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The post Ethereum Rebounds From Key Support: What’s Next? appeared first on Coin Engineer.

Is A New Rally Beginning For ARK?

Yigit Taha OZTURK — Thu, 12 Jun 2025 13:43:01 +0000

Some altcoins are beginning to move silently but significantly in the crypto market. ARK is one of those assets drawing fresh attention after showing signs of strength from its support levels. Could this be the start of a larger move?

Reaction From Support Breaks Resistance

Recently, ARK bounced off the strong 0.37$ – 0.35$ support zone, attracting interest. Following this rebound, the price managed to break the 0.39$ resistance and climbed toward the 0.41$ – 0.40$ resistance area.

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Currently, this zone is being tested, and a clear breakout hasn’t been confirmed yet. If it does happen with volume, the next target could be 0.43$.

Key Levels To Watch On Pullbacks

If the current resistance holds, the first level to monitor for a pullback is 0.39$. A deeper correction may lead prices back to the crucial 0.37$ – 0.35$ zone. This area remains vital for ARK in the short term.

ARK/USDT pair 4-hour chart.

As the technical outlook remains positive, long strategies may find opportunities around these key levels.

The post Is A New Rally Beginning For ARK? appeared first on Coin Engineer.