OneFinity narxONE

Ethereum’s 200-week SMA at $2,595 remains a strong support zone as the price consolidates. If $ETH breaks $3,113, it could rally toward $3,500, but failure may lead to a pullback. The market is critical, and traders watch for a breakout or drop. Currently, Ethereum’s price is locked tight at around $3,020, coincidentally very close to some of the most important weekly moving averages. The 8-week, 50-week, and 100-week simple moving averages (SMA) are all grouped close by the $3,113 mark, which combined make up one solid resistance zone. This convergence means that Ethereum is at a critical juncture right now, and whether it breaks up or down could be a decisive factor in any significant price moves to come. Meanwhile, the 200-week SMA at $2,595 and the 400-week SMA at $1,470 are lower long-term supports that consolidate the asset’s bullish structure as long as it stays above these levels. 200-Week SMA Remains a Strong Safety Net for ETH As far as price behavior is concerned, Ethereum exhibits a fair resemblance to the 200-week SMA, making it a significant area on which one can accumulate. If price movement weakens, additional support levels are reflected at $1,838 against the 250-week SMA and $1,600 against the 300-week SMA, which generally dilutes the possibility of a steep fall unless the broader conditions deteriorate. On the other hand, should ETH hold above the 100-week SMA, a longer-term bullish momentum may build to a maximum targeted upside level of $3,500. By contrast, Ethereum may pull back toward the $2,600-$2,800 range, which has also historically proved to attract strong buyers, should it not reclaim $3,113 and make that level a new support. Market Sentiment Will Shape Ethereum’s Next Move Ethereum’s short-term trajectory depends largely on the movement in the overall market, which is affected by Bitcoin’s stability. If Bitcoin stands strong or pushes higher, ETH would ride this very positively and attempt to retest its previous highs. Liquidity tightens in the crypto market, and Ethereum could retrace toward its lower moving averages, with the 350-week SMA sitting at $1,600 as key support. The point at which multiple moving average activities are held at bay indicates the wild momentum typically followed before an outburst price swing. Crucial to Ethereum is still the resistance point at $3,113. A successful breakout superior to this point would see a rally leading ETH to $3,500. Conversely, a failure to hold above this mark might increase selling pressure, with the downside extended to the 200-week SMA at $2,595. This is at their close plus the technicalities being firm on those levels for a fair number of traders, who tend to wonder how Ethereum’s weekly moving averages would continue as strong guidelines for future price trends.

TL;DR Although the landscape around the entire crypto market and meme coins, in particular, seems quite gloomy recently, DOGE still has a chance for a major rally and a new all-time high, said Ali Martinez. However, it’s essential for the OG meme to remain above a certain support, which has historically led to impressive runs. The most critical support zone for #Dogecoin $DOGE is between $0.19 and $0.16. If this level holds, the $3 target remains a strong possibility. pic.twitter.com/VZyqSM2p8U — Ali (@ali_charts) February 22, 2025 It’s safe to say that the post-US-election mania has faded for many crypto assets, and some, such as DOGE, has returned to levels close to those before November 5. Recall that Dogecoin’s price had soared to roughly $0.5 after Trump won the elections but now struggles to remain above $0.25 after a 31% monthly decline. Nevertheless, the OG meme token has seen worse, even during this cycle, as it slumped toward $0.2 on a couple of occasions in times of substantial price crashes. According to the popular analyst Ali Martinez, though, the asset still has a chance to resume its rally and head toward uncharted territory. To do so, it needs to sustain the $0.19 support line, which he labeled as ‘the most crucial’ zone. He added that DOGE has been trading inside an ascending channel for years and has ‘tended to rebound’ from the lower boundary since 2014 and head toward the upper one. The most recent such bounce-off occurred during the early February massacre, which could be the propeller for a surge toward $3 and even $4. “If history repeats, as long as Dogecoin holds above $0.19, it could rally to the resistance trendline at $4.” – Martinez concluded. There’re certainly some bullish developments happening in the Dogecoin ecosystem, such as the multiple filings for a spot DOGE ETF in the US, which many experts believe have a great chance of succeeding under Trump’s administration. Consequently, analysts have outlined impressive price targets for the largest meme coin, and many agree there will be a new all-time high. However, investors should be wary before allocating funds to any assets, particularly meme coins, about the risks of significant volatility and rapid crashes, especially in times of uncertainty that could rattle the entire market, just like yesterday’s hack against Bybit. The post DOGE Could Still Surge to $3 if it Holds This Key Support Line: Analyst appeared first on CryptoPotato.

Ethereum’s 200-week SMA at $2,595 remains a strong support zone as the price consolidates. If $ETH breaks $3,113, it could rally toward $3,500, but failure may lead to a pullback. The market is critical, and traders watch for a breakout or drop. Currently, Ethereum’s price is locked tight at around $3,020, coincidentally very close to some of the most important weekly moving averages. The 8-week, 50-week, and 100-week simple moving averages (SMA) are all grouped close by the $3,113 mark, which combined make up one solid resistance zone. This convergence means that Ethereum is at a critical juncture right now, and whether it breaks up or down could be a decisive factor in any significant price moves to come. Meanwhile, the 200-week SMA at $2,595 and the 400-week SMA at $1,470 are lower long-term supports that consolidate the asset’s bullish structure as long as it stays above these levels. 200-Week SMA Remains a Strong Safety Net for ETH As far as price behavior is concerned, Ethereum exhibits a fair resemblance to the 200-week SMA, making it a significant area on which one can accumulate. If price movement weakens, additional support levels are reflected at $1,838 against the 250-week SMA and $1,600 against the 300-week SMA, which generally dilutes the possibility of a steep fall unless the broader conditions deteriorate. On the other hand, should ETH hold above the 100-week SMA, a longer-term bullish momentum may build to a maximum targeted upside level of $3,500. By contrast, Ethereum may pull back toward the $2,600-$2,800 range, which has also historically proved to attract strong buyers, should it not reclaim $3,113 and make that level a new support. Market Sentiment Will Shape Ethereum’s Next Move Ethereum’s short-term trajectory depends largely on the movement in the overall market, which is affected by Bitcoin’s stability. If Bitcoin stands strong or pushes higher, ETH would ride this very positively and attempt to retest its previous highs. Liquidity tightens in the crypto market, and Ethereum could retrace toward its lower moving averages, with the 350-week SMA sitting at $1,600 as key support. The point at which multiple moving average activities are held at bay indicates the wild momentum typically followed before an outburst price swing. Crucial to Ethereum is still the resistance point at $3,113. A successful breakout superior to this point would see a rally leading ETH to $3,500. Conversely, a failure to hold above this mark might increase selling pressure, with the downside extended to the 200-week SMA at $2,595. This is at their close plus the technicalities being firm on those levels for a fair number of traders, who tend to wonder how Ethereum’s weekly moving averages would continue as strong guidelines for future price trends.

Markets don’t just react to events. They emerge, unfold, and manifest from a deeper field of potentiality—one where every possible wave structure exists in probability until sentiment, liquidity, and external forces cause a specific path to materialize. People often do not understand the underlying forces of market movements beyond simple patterns and fibonacci levels. What we see on the chart is not the market merely responding to news and external events in a linear cause-and-effect fashion. Instead, the market is like a quantum field of probability, where all potential price movements exist in a superposition. The act of sentiment, liquidity, and market structure collapses these possibilities into what we observe as an Elliott Wave formation. This is why Elliott Wave works—because markets are shaped by deep structural forces, not just surface-level news events. People think price moves because of news. No—price follows a natural unfolding process, shaped by sentiment, liquidity, and probabilistic interference. News is just one of many interferences that can slightly alter the path of an already existing wave structure. This is the core principle of mastering Elliott Wave. You’re not predicting price—you’re tracking the collapse of probabilistic potential into structured waves. $ETH

pi needs Patience .....sellers will cry one day when in very short time it will touch $ 10