Ethereum Holds Strong Above Key Support, Analysts Bullish
2 Articles
2 Articles
Ethereum Holds Strong Above Key Support, Analysts Bullish
Ethereum’s recent price action has been a testament to its resilience, as the cryptocurrency has managed to hold its ground above key support levels, despite facing firm resistance near the $3,400 zone. This ability to sustain strength after recent gains highlights an improving market structure and suggests that buyers remain in control. As long as Ethereum (ETH) stays supported above its critical… Source
Ethereum Holds Support as Analysts Say the Bigger Move Isn’t Over
While volatility has cooled compared to earlier rallies, the underlying structure suggests ETH may still be in a preparatory phase before a larger move. Key Takeaways: Ethereum market cap remains above the 21 EMA on the three-week chart, a historically bullish condition. Analysts see current price action as reaccumulation, not distribution near a top. Upside continuation is viewed as the higher-probability outcome unless key support levels fail…
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