Tag Archives: overcome

Ethereum’s price outlook: Can ETH overcome the $4K support?

Ethereum’s price outlook: Can ETH overcome the K support?

Key Takeaways Ethereum’s current path higher is backed by exchange outflows. Heavy liquidation clusters between $4,200 and $4,400 mean short-term volatility, which could intensify before a sustained breakout. Ethereum [ETH] exchange balances have dropped to a nine-year low of 14.88 million ETH, with nearly $2 billion worth of tokens withdrawn in just one week.  This sharp decline highlights a clear …

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