Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 32776
Markets: 114822
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SLE
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
XCG
ZMW
ZWL
ZWG
Market Cap
24h Vol
32776
Cryptocurrencies
59.11%
Bitcoin Share
Crypto Potato 2026-09-17 13:06:20

Ethereum’s Path to $3,000: All Eyes on This Level Now

Ethereum’s Path to $3,000: All Eyes on This Level Now

The second-largest cryptocurrency saw significant volatility over the past week, eventually falling below $2,500. Despite the slight decline, many analysts still expect a strong rally, with targets extending to $3,000 and higher. Big Move Incoming? Ethereum (ETH) has slipped to around $2,440 (per CoinGecko), but according to Ali Martinez, it remains contained within its 4-hour channel. The analyst said the price has reached the structure’s lower boundary and that he’s now monitoring a potential rebound toward the mid-range and eventually the upper boundary near $2,570. Martinez described this as a key level, predicting that a strong 4-hour close above (backed by volume) could confirm a breakout and set the stage for a jump toward $2,700 and even $3,000. BLADE and Mikybull Crypto also weighed in. The former spotted a double-bottom formation on ETH’s price chart and predicted the asset is gearing up for “the biggest move of the cycle,” anticipating an explosion beyond $10,000 sometime next year. The latter maintained that Ethereum looks “extremely bullish” in its current condition, arguing that investors wouldn’t want to miss the big run about to unfold. The declining amount of ETH stored on crypto exchanges strengthens the positive outlook. Earlier this week, the figure dropped to a fresh ten-year low of around 14.6 million coins, suggesting that investors continue to shift from centralized platforms to self-custody solutions. This, in turn, reduces immediate selling pressure. ETH Exchange Supply, Source: CryptoQuant Meanwhile, whales keep accumulating Ethereum. Just a few days ago, BitMine announced another ETH acquisition worth around $660 million, increasing its total holdings to 5,956,378 units and bringing it closer to its goal of controlling 5% of the asset’s circulating supply. Moreover, Lookonchain revealed that a mysterious market player swapped 512 WBTC ($38.64 million) and 354 cbBTC ($26.73 million) for 26,924 ETH ($64.57 million). The Concerning Elements On the downside, ETH’s Relative Strength Index (RSI) hints that bearish momentum could persist in the near term. The ratio has climbed to 76, signaling that the asset has entered overbought territory, which typically signals an impending pullback. ETH RSI, Source: RSI Hunter Waning institutional interest is also a concern. Spot ETH ETFs attracted substantial capital over the last several weeks, yet in the past two days there were massive outflows, suggesting that hedge funds, pension funds, and other conservative investors have reduced their exposure to the asset. Spot ETH ETFs, Source: SoSoValue The post Ethereum’s Path to $3,000: All Eyes on This Level Now appeared first on CryptoPotato .

Most Read News

Market Cap
24h Vol
59.11%
Bitcoin Share
30
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.