crypto market pattern Archives - Coin Engineer https://coinengineer.net/blog/tag/crypto-market-pattern/ Btc, Coins, Pre-Sale, DeFi, NFT Fri, 13 Jun 2025 13:06:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png crypto market pattern Archives - Coin Engineer https://coinengineer.net/blog/tag/crypto-market-pattern/ 32 32 Ethereum Faces Key Resistance: Breakout or Breakdown Ahead? https://coinengineer.net/blog/ethereum-faces-key-resistance-breakout-or-breakdown-ahead/ https://coinengineer.net/blog/ethereum-faces-key-resistance-breakout-or-breakdown-ahead/#respond Fri, 13 Jun 2025 13:30:23 +0000 https://coinengineer.net/blog/?p=44335 As the crypto market continues to search for direction, Ethereum is forming a notable ascending trend on the 4-hour chart. The price remains within this rising structure — but a critical resistance stands in the way. Trend Holds for Now, But $2,550 Resistance Is Capping Gains Currently, Ethereum is trading above its ascending trendline. However,

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]]> As the crypto market continues to search for direction, Ethereum is forming a notable ascending trend on the 4-hour chart. The price remains within this rising structure — but a critical resistance stands in the way.

Trend Holds for Now, But $2,550 Resistance Is Capping Gains

Currently, Ethereum is trading above its ascending trendline. However, the price is facing a strong resistance zone around $2,550.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If this level is broken with meaningful volume, a short-term push toward $2,650 becomes a likely scenario. This move could bring renewed momentum to the market.

Losing the Trend Could Bring $2,360 Into Play

On the flip side, a breakdown below the trendline or the confirmation of a descending triangle formation could reverse the current outlook. In this case, the $2,360 area would act as the first key support.

In such indecisive market conditions, waiting for price confirmation before entering trades can be a safer strategy for investors.

Ethereum
ETH/USDT pair 4-hour chart.

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