ETH/USD
On April 13, the price of Ethereum recorded a low of $2848, reaching the first long-term support zone in the $2800 area. From here it experienced a reaction that led ETH to approach the first resistance level in the $3300 area. However, it can be observed that it has already retraced from the sinkhole indicating that there is a lot of indecision at the moment. To hope for a positive and decisive restart, ETH must go above $3300 but above all above the main resistance of $3500. Only with this break out will it be possible to try to resume the primary bullish trend that began in autumn 2023.
The contents and information provided are in no way a solicitation to invest or operate in the financial markets.