Ethereum Faces Critical Support Zone Against Bitcoin, Analyst Suggests Potential Breakout
The post Ethereum Faces Critical Support Zone Against Bitcoin, Analyst Suggests Potential Breakout appeared on BitcoinEthereumNews.com.
Ethereum is approaching a critical juncture against Bitcoin, with technical indicators signaling a potential breakout or breakdown in the ETH/BTC trading pair. The ongoing formation of higher lows suggests building momentum, but the sustainability of this trend hinges on a key support trendline holding firm. According to analyst Michaël van de Poppe, the ideal accumulation zone lies between 0.022 and 0.023 BTC, a historically significant support area that could attract renewed buying interest. Ethereum faces a pivotal moment against Bitcoin as it tests crucial support levels, with potential for a breakout toward 0.03 BTC or a retest of key accumulation zones. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Ethereum’s Technical Setup Against Bitcoin Signals Imminent Breakout Potential Ethereum’s price action relative to Bitcoin has been characterized by a series of higher lows, indicating a strengthening bullish momentum in the ETH/BTC pair. This pattern suggests that buyers are gradually gaining control, pushing the price upward in a controlled manner. However, the sustainability of this momentum depends heavily on the integrity of a critical diagonal support trendline that has underpinned recent price movements. Should this trendline hold, it could validate the bullish structure and pave the way for a significant upward move. Conversely, a break below this trendline would signal a potential shift in market sentiment, prompting traders to reassess their positions. The importance of this support zone is further…
Filed under: News - @ June 16, 2025 8:22 pm