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Ethereum Price Aims Higher—Can Bulls Push Past Key Resistance? Newsbtc il y a 6 jours

Ethereum Price Aims Higher—Can Bulls Push Past Key Resistance? 📈

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Ethereum price is on a recovery track, starting from the $2,000 support zone, and is now trading above $2,220. The cryptocurrency is forming a key rising channel with support at $2,200 and is targeting resistance levels at $2,275 and $2,350.

If these resistances are cleared, Ethereum could potentially rise toward the $2,500 resistance zone. However, failure to break the $2,275 level might lead to another decline, testing support at $2,240 and even $2,080.

The hourly MACD is gaining bullish momentum, while the RSI is above the 50 zone, indicating positive technical signals.

Source : www.newsbtc.com ↗

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