Ethereum's recent trend has been quite strong, and I've been paying close attention over the past few days. The current price has already surged to around $2,400, breaking through the previous resistance level of $2,225 as expected. It seems that the bullish momentum is still quite robust.



The support level I analyzed earlier was at $2,140. If this level can hold steady, there is a higher probability of continued upward movement. I noticed that at the key level of $2,225, although it was previously a resistance, it has now been broken through. The next target might be around $2,450 or even higher.

However, everything has two sides. If there is a sudden pullback, the first thing to watch is whether $2,165 can hold. If it falls below the main support at $2,140, there is a possibility of further decline to $2,110 or even $2,060. Currently, Ethereum is still in an upward trend, but it’s important to closely monitor the performance at these key levels.
ETH1.81%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin