💥💥💥 #EthereumPrice Hints at Recovery: Is a Comeback in Sight?
With Ethereum currently trading at $2,652, here’s the updated support and resistance analysis:
Key Support Levels:
- $2,600: Immediate support level.
- $2,555: Previous resistance turned support.
- $2,480: Next significant support if further decline occurs.
Key Resistance Levels:
- $2,665: Near-term resistance level.
- $2,720: Key resistance that could signal further gains if broken.
- $2,820: Major resistance level to watch for a potential breakout.
Technical Indicators:
- MACD: Gaining bullish momentum.
- RSI: Above 50, indicating bullish strength.
Source - newsbtc.com
