💥💥💥 #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

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