The failed golden cross from Ethereum leads to fears. Is $ 3000 is a dream of tubes? star-news.press/wp

Technical analysis shows that Ethereum only has A failed golden cross On the time frame scheme for one day. The golden cross is widely considered a signal momentum. This artistic composition, where the 50 -day moving average is climbed over the 200 -day moving average, the last time on the daily candlestick scheme in ETHEREUM in December 2024 and led to an increase of 18 %.

This time, although the story is completely different. Instead From the launch of another marchETHEREUM Price It was very flat, This makes it difficult to imagine a break above $ 3000 very soon.

Lack of follow -up shows twice ethereum

According to the technical analysis that was initially observed on the X social media platform, ETHEREUM recently displayed a golden cross. However, according to the analyst, this was a failed golden cross, as the ETHEREUM price barely moved when this happened in the daily time frame.

Analyst, who bears the name of honey on the social media platform, Note that the lack of movement More deep problems appear in the current market conditions, especially in terms of liquidity and feeling. The golden cross must have injected life into Ethereum, but instead, It shows no momentum.

Crossover Prices of Ethereum Prices Prices Make this style as if it is more wrong than Golden Crossover mostly. The graph below shows that although the moving averages have crossed, the procedure around it at that moment was calm and even slightly down. This is a great difference from what happened in December 2024, when the same style followed a quick boost. At that time, the ETHEREUM price increased by about 18 % to touch 4000 dollars for a very short period.

It may take to return to $ 3,000 longer than expected

The largest ready -made meals are not just a failed outbreak, but what it involves in the next quarter. According to the analyst, the entire encryption market may witness slow and volatile Q3, especially if Bitcoin is less than $ 111,000.

In this environment, it is difficult to imagine that ETHEREUM is running clean to a $ 3,000 teacher anytime. There is no momentum that does not herald the good of the upward predictions, although Ethereum has yet Her land was held at support levels About $ 2,400.

At the time of writing this report, ETHEREUM is traded at $ 2548, a decrease of 2.1 % over the past 24 hours. Data appears from Coingecko that The leading altcoin arrived The highest level of the day of $ 2630 in the past 24 hours, but has failed to formulate this momentum. In order for Ethereum to start from its current area and move to $ 3000, you will need a wave of liquidity and confidence.

This last fluctuation is difficult for the ups of the ups His long -term look Relatively strong. Interestingly, one analyst believes that Ethereum is It exceeds $ 10,000 this course.

Distinctive image from Istock, Chart from TradingView.com

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