Ethereum Merge Bull Exhaustion? | ETH Price Prediction


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Ethereum and the ETH/USDT pair has taken the market by storm over the past few weeks, outperforming Bitcoin considerably as shown by the multiple weeks of green on ETH/BTC.
That being said, ETH/BTC is not yet in a weekly uptrend and the volume is slowing down significantly, suggesting this leg up may be ready for a retracement.

Add to that the fact that ETH/BTC's current value of 0.078 is a value which it has struggled to get above multiple times ever since May 2021.

ETH/USDT is also showing signs of a slowing down in momentum. The RSI has struggled and failed multiple times to reach the overbought area despite multilpe higher highs in price. The daily chart has printed an inverted hammer candlestick which is arguably the most bearish candle of the past few weeks. The price is nearing the psychological $2000 resistance and we have previous market structure showing many pivot points around this price, suggesting the bulls may be slowing down here. Finally, the price action is in the pattern of an ascending wedge which is typically a bearish pattern.

0:00 Ethereum Crypto Market Update
2:03 Ethereum Crypto Ecosystem
2:48 Bitcoin BTC Dominance Dropping
3:13 ETH/BTC Resistance Zone
4:13 Five Signs Indicating an ETH Slowdown
6:18 ETH Price Prediction
9:04 Final Thoughts ETH TA


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eth merge

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Ethereum Merge Bull Exhaustion? | ETH Price Prediction

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  1. < I totally agree with what you are saying..I started in crypto in August 2017 ,and I bought in.I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience and what i have learnt from Jim Brin .have learned from you and other Youtubrs especially my mentorJim Brin. who taught me how to make trade and increase my crypto from 2btc to 13btc that no one really knows what is going to happen in the market and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research…….

  2. Jim Brin daily signal is top-rated and one of the best you could get when it comes to trading crypto.. bitcoin to the moon

  3. It’s so amazing to see my portfolio grow progressively, i never believed it would be this easy but Jim made it possible by sharing his strategy and insight on trading.

  4. I invested in both stocks and Crypto currency but I see Cryptos is doing more better and profitable to invest in..💯

  5. 🚀Find the most undervalued gems, up-to-date research, and NFT buys with Altcoin Buzz Access. Join the Altcoin Buzz Access PRO Plan now starting from just $99 per month🚀 ➡

  6. How late were you with recording this video? ETH crossed 2,000 several times in the last few days! Retrace to 1300…1 month before the merge? Yeah…right.

  7. Exactly, Ms Laura Danial has been trustworthy over the years. I made $20k in a month, she has been my broker for some years now.

  8. @David Zas yeah…gotta love all these “experts”. I have no doubt ETH can retrace to 1300 usd, but the likelihood of this happening before the merge is extremely low. The narrative is very strong and unless there is some cataclysmic black swan event, I simply don’t see this happening.

  9. Great TA. The question is how the Merge affects everything once it actually happens. A 90% inflation reduction and EIP 1559 making ETH deflationary at that point…you would almost have to be dumb to dump in the short term.


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