Ethereum (CRYPTO: ETH) is drawing attention with rising treasury activity and institutional interest contradicting the recent downtrend in prices.CryptocurrencyTickerPriceMarket Cap7-Day TrendEthereum(CRYPTO: ETH)$4,278.54 $516.5 billion-9.3% Bitcoin(CRYPTO: BTC)$113,058.51 $2.3 trillion-6.5%XRP(CRYPTO: XRP)$2.90 $172.3 billion-9.8% Trader Notes: Crypto chart analyst Ali Martinez exclaimed that this could be Ethereum's "big moment" as it is trading in a descending channel, currently consolidating between $4,219–$4,342. He predicts that a break above $4,342 could push it to $4,516–$4,623, while a drop below $4,219 may target $4,061 and $3,862.Crypto trader Jelle noted that after a falling wedge fakeout, Ethereum is near a breakout. Clearing $4,300 resistance and the 4h 50 EMA could ...Full story available on Benzinga.com
Ethereum Consolidates Below $4,300: Is $5,000 Or $4,000 Next?
