đš $ETH /USDT TECHNICAL ANALYSIS UPDATE
Current Price: $2,624.53
Ethereum shows signs of a resilient uptrend as it navigates around the $2,624.53 level. Here are the next potential targets and support to watch:
đŻ Target 1: $2,635.67
Just above the current level, this could act as the first minor resistance. Breaking this might push further bullish moves.
đŻ Target 2: $2,673.50
This is a recent high and a critical resistance level. A move past this could signal a stronger upward trend.
đŻ Target 3: $2,679.48
Closely following the second target, surpassing this level could solidify a bullish stance in the market.
đ Support: $2,554.05
This recent low serves as key support. Holding above this level is crucial for maintaining the current bullish momentum.
đĄ MA Indicators:
- MA(7): $2,611.48
- MA(25): $2,601.66
- MA(99): $2,621.00
Traders should monitor these levels closely as Ethereum tests these resistances. The interplay between the current price and these moving averages could dictate the short-term direction of the market.
#ETH #CryptoTrading #CryptoNewss #MarketExperts #TradingMadeEasy
