Ethereum Price Stable Above $3,500: Key Resistance Levels Ahead
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Ethereum is currently trading above $3,500, showing stability supported by the 100-hourly Simple Moving Average. Key resistance is noted at $3,550, $3,580, $3,650, and $3,700, with a bullish trend line providing support around $3,440-$3,450. Upcoming Ethereum 2.0 is expected to enhance scalability and reduce energy usage. Technical indicators signal potential continued growth.
Source: blockonomi.com ↗
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