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Ethereum (ETH) Bulls Hit A Brick Wall Called The $2,800 Resistance Level

Coinedition LogoCoinedition13h ago

Ethereum (ETH) Bulls Hit A Brick Wall Called The $2,800 Resistance Level - Coinedition

Quick Summary:

Fresh on-chain data from Glassnode suggests this spot is a major supply zone, packed with long-term holder positions where many investors who bought in before the March and April downturns are now close to breaking even or seeing profits.

Ethereum’s recent upward climb hit a serious snag this week right around the $2,800 mark.

That […]

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-24 @ 14:00:00 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 150 words

Reading Time: 1 minutes read

Sentences: 58 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 28936863

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 22 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Ethereum (ETH) Bulls Hit A Brick Wall Called The $2,800 Resistance Level" has 150 words across 58 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Ethereum (ETH) Bulls Hit A Brick Wall Called The $2,800 Resistance Level" was covered 13 hours ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 22 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28936863
  • URL: https://mussel.beamstart.com/news/ethereum-eth-bulls-hit-a-17480965162927

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