Ethereum ($ETH) has shown a clear upward trend after breaking out of its consolidation phase. The strong support at $2,127.56 held firm, allowing the price to climb steadily past key levels like $2,391.68 and $2,552.46. Despite a brief dip, the price quickly rebounded, indicating strong bullish momentum.
With the price breaking past resistance at $2,329.73 and continuing to rise, the chart suggests further upward movement. As long as ETH stays above key support levels, it is likely to push toward the next resistance around $2,818.86, maintaining a bullish outlook. đ
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