Ethereum has bounced strongly from the key support zone at 2728–2869 and is now pushing upward. This level has acted as a reliable demand area throughout the year, and the latest reaction confirms buyers are active again.
The next major hurdle is the resistance zone at 3608–3970. ETH will need a clean breakout above this range to open the door for a larger trend continuation.
For now, the structure remains intact:
• Support held perfectly
• Momentum shifting upward
• All eyes on the resistance above
The next major hurdle is the resistance zone at 3608–3970. ETH will need a clean breakout above this range to open the door for a larger trend continuation.
For now, the structure remains intact:
• Support held perfectly
• Momentum shifting upward
• All eyes on the resistance above
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.