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Ethereum News Today: Ethereum Faces Intense Price Showdown as Bulls and Bears Clash at Crucial Levels

Ethereum News Today: Ethereum Faces Intense Price Showdown as Bulls and Bears Clash at Crucial Levels

Bitget-RWA2025/11/13 09:16
By:Bitget-RWA

- Ethereum tests critical $3,648 EMA as institutional buying and $3,500-$5,000 liquidity suggest bullish absorption potential. - Analysts forecast $10,000-$60,000 targets but warn $3,425 breakdown risks downward spiral while $3,660+ faces trendline resistance. - Post-shutdown rebound lifts ETH 2.36% to $3,533 amid ETF inflows and RSI/MACD signals hinting at potential short-term uptrend. - $3,870 EMA convergence breakout could validate bullish case, while $3,350 remains key support amid mixed altcoin perfor

Ethereum’s recent price movement has reignited discussions about a possible rally, as technical signals and market conditions point to both growth opportunities and potential hazards. The digital asset is currently hovering near significant moving averages, such as the 100-day EMA at $3,648, while

suggest that investors are prepared to support further price advances. Market experts remain cautiously hopeful, with and projecting a long-term target of $60,000. On the downside, if Ethereum falls below $3,425, it could set off a decline toward lower support zones, whereas from a downward trendline and the intersection of the 50-day and 100-day EMAs.

, prompting a rebound in crypto markets and is now trading at $3,533, marking a 2.36% increase over the past day. This uptick mirrors broader market movements, including increased ETF investments and a rise in protective put options, which . From a technical perspective, Ethereum’s Relative Strength Index (RSI) and Stochastic Oscillator are still below neutral, , but a breakout above these levels could shift the momentum in favor of the bulls. At the same time, if the blue line overtakes the red, which would strengthen the argument for a short-term upward trend.

Traders are also keeping an eye on a potential breakout above $3,870,

. Clearing this level could confirm a more optimistic outlook, while a drop back to $3,350 remains a significant risk. The wider crypto market is sending mixed signals, with altcoins such as and posting gains, but tokens like Hyperliquid and lagging behind.

Bitcoin is consolidating near $104,000, with the possibility of testing the 38.2% Fibonacci retracement at $106,453

. Although (currently at 44) point to a potential rebound, Ethereum’s trajectory will largely depend on institutional activity and broader economic developments.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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