đ $ETH /USDT â Ethereum Surges with Strong Momentum
Ethereum ($ETH ) is on an impressive rally, currently trading at $2,627.58, reflecting a 7.36% increase in the last 24 hours. The second-largest cryptocurrency has reached a high of $2,638.05 and a low of $2,436.40 during this period, showing significant volatility and upward movement.
Key technical indicators point to further bullish momentum. The MA7 stands at $2,555.57, MA25 at $2,498.36, and MA99 at $2,452.09, confirming the strength of the current uptrend. Ethereumâs breakout above key resistance levels hints that more gains could be on the horizon.
đŻ Targets to Watch:
1ïžâŁ Target 1: $2,650 â A break above this level could attract even more buyers.
2ïžâŁ Target 2: $2,700 â If momentum holds, ETH could quickly climb to this significant resistance.
3ïžâŁ Target 3: $2,800 â A sustained rally could see Ethereum testing this key psychological level.
On the downside, support around $2,565.46 might offer a solid base if a pullback occurs, creating re-entry opportunities for traders. With trading volume reaching 366,115 $ETH and USDT volume at 925.32 million, the market shows strong interest in Ethereum's recent price action.
As Ethereum continues its upward trajectory, all eyes are on the key levels that could unlock the next phase of the rally. Stay tuned for more as ETH rides the wave of bullish sentiment.