Ethereum’s rally has encountered a pause beneath a significant supply zone, with the asset trading just above $2.7K as buyers strive to maintain the recent bullish framework. The broader recovery remains intact; however, the weakening short-term momentum renders the market susceptible to a more significant pullback prior to another breakout attempt. On the daily timeframe, … Read more
Ethereum price surged, continuing its recovery trend above $2,020, outpacing Bitcoin. ETH price successfully broke through the $2,050 and $2,065 resistance levels. The bulls have successfully driven the price above the 61.8% Fibonacci retracement level, marking a significant move from the $2,198 swing high down to the $1,936 low. Nonetheless, the bears continued to exert … Read more
Ethereum price initiated a new upward movement from $1,950. ETH is currently consolidating its gains and could be poised for another surge above $2,050. Ethereum has initiated a new upward trajectory, breaking above the $1,920 level. The price is currently trading above $1,950 and the 100-hourly Simple Moving Average. A significant rising channel is taking … Read more
