Crypto:
36635
Bitcoin:
$92.167
% 1.07
BTC Dominance:
%58.6
% 0.02
Market Cap:
$3.13 T
% 1.40
Fear & Greed:
28 / 100
Bitcoin:
$ 92.167
BTC Dominance:
% 58.6
Market Cap:
$3.13 T

Ethereum Holding Support: Can The Rally Continue?

ethereum

The recent price action of Ethereum is unfolding as anticipated, offering traders both validation and opportunity. With each technical level playing its role, the question now is whether ETH can sustain its momentum—or face a correction.

Resistance Broken, Trend Line Tested

After successfully reclaiming the 2,450 – 2,405 USD resistance area, ETH first met a descending trendline. From there, the price gained momentum and pushed towards the 2,550 USD level. This move confirmed the bullish setup, giving traders confidence in the previous analysis.


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Support Zone Holding, But Pressure Builds

Currently, the price remains in the support region. However, if this area fails to hold, a pullback toward 2,300 USD could occur. Such a decline would raise red flags for short-term traders looking for stability.

The 2,550 USD level now acts as the immediate resistance. A strong breakout above this zone could signal a continuation of the upward trend, positioning Ethereum for further gains.

Ethereum
ETH/USDT pair 4-hour chart.

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