Ethereum Pending in Critical Zone! Will a Breakout Come?

Yigit Taha OZTURK — Mon, 14 Jul 2025 14:00:57 +0000

While volatility continues across the crypto market, some assets remain indecisive. Leading altcoin Ethereum is still trading sideways, holding investors in anticipation of a decisive move.

Resistance Still Holds Firm

The previously identified resistance zone remains intact. Ethereum is currently testing this level, yet no clear breakout has occurred. If the price manages to breach this zone with strong volume, a rally toward $3,500 could be on the table. For now, however, there’s no confirmed signal suggesting this move is imminent.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

This resistance level stands as a significant barrier. A breakout above it could shift market sentiment in a more bullish direction.

Watch This Zone On Pullbacks

In case of a pullback, the nearest and most relevant support area lies between $2,801 and $2,618. This range has historically acted as a strong reaction point, and it’s expected to continue serving as a key support. Buyers could step in if the price approaches this area.

ETH/USDT pair 4-hour chart.

Ethereum Consolidation Persists

The current picture shows continued consolidation for Ethereum. Neither buyers nor sellers have gained the upper hand. Until a clear direction is established, traders are advised to monitor technical levels closely and stay patient.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Ethereum Pending in Critical Zone! Will a Breakout Come? appeared first on Coin Engineer.

Solana Nears Decision Point: Will The Trend Break?

Yigit Taha OZTURK — Wed, 18 Jun 2025 11:00:56 +0000

Recent volatility in the crypto market has led to the formation of noticeable technical patterns in several altcoins. At the center of attention is Solana, which is currently forming a minor descending trend on the daily chart—raising questions among traders.

Support Holds For Now, But Risks Remain

According to recent analysis, Solana has bounced multiple times from the critical 142.42$ – 133.82$ support zone. However, the descending trendline remains intact. A daily close below this key support could trigger further declines, potentially sending Solana down to the 125$ level.

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

A Breakout Could Shift Momentum Upward

If Solana breaks above the descending trendline, it could initiate a rally toward the 170$ mark. Such a move would signal a shift in market sentiment and may present short-term buying opportunities. For now, traders are watching for confirmation on either side.

SOL/USDT pair daily chart.

The post Solana Nears Decision Point: Will The Trend Break? appeared first on Coin Engineer.