Ethereum has fallen below $3,000 and now trades about 42% under its all-time high, prompting traders to search for the next meaningful support and rebound levels.
ETH dropped under $3,000 after failing to break a two‑month downtrend; a brief recovery last week quickly faded as momentum weakened, leaving the short‑term outlook tilted bearish.
Ethereum climbed past $3,000 after the Fusaka upgrade launched, rebounding roughly 10% in 24 hours following days of sideways trading. Traders pointed to the upgrade and a pickup in risk appetite as catalysts.
Ethereum slid about 6% in the past 24 hours, dropping under the $3,000 level as long-term holders realized profits. The pullback has paused recent recovery momentum and put focus back on near-term support.
XRP recovered from the $2.00 support level following the debut of two XRP ETFs on NYSE Arca and is now testing a move toward the $2.60 resistance zone. The ETF launch appears to have lifted buying interest and volume.
Pi Coin climbed 10% to a weekly high after inflows hit a six-week peak, signaling renewed investor confidence amid an improving market backdrop. Traders will watch whether momentum holds or proves short-lived.
Zcash's Q4 rally is faltering as an inverse cup-and-handle pattern and Fed-driven risk aversion put ZEC at risk of a roughly 50% drop toward $267; $440 is the critical level traders are watching.
AERO slipped after traders booked gains at the $1.20 resistance, stalling momentum that followed a coordinated DeFi merger. Despite the merger's transparent rollout, buying interest eased and volume cooled.
Pi Network (PI) is trading around $0.22 while entering a heavy unlock window — 145.7 million tokens scheduled this month and 173 million in December — a stability market watchers say could precede a major move.
VeChain (VET) posted a small recovery in November following a sharp sell-off in October, but the bounce has failed to erase prior losses. Traders remain cautious, leaving momentum and volumes subdued.