Ripple’s ETH ($ETH) Market Analysis and Projections – A gap at $3,300

The chart below shows the Ethereum perpetual contract figure for the 30 minute timeframe featuring a key level drop followed by a price consolidation. A big gap that has yet to be filled is marked at $3,300, any jumps towards that level will be noted.
✨Gap Theory✨
Suggestions in price gaps over the years have been able to work and achieve expectations due to gaps within the timeline. Those gaps form better than fill bullish price counters.
🌟“Filling” the gap offers a 90 percent probability bullish movement on ETH.
✨Price Flow Gaps ✨
Lack of volatility alongside gaps Moreover, the ETH price structure reveals nice steady price builds following the massive drop forming a solid price block.
Accumulation within ETH means steady price growth.
✨Greater Low Price Floors✨
The low accumulated prices may also be the reason for a nice structure build giving Ethereum a higher price level compared to what was placed before.
🌟Buyers willing to break out will be chasing momentum.
🌟Major Key Points
Major Resistance Target: Persistent sellers placing sell orders at the $2,700 to $2,800 region.
Major Support Target: Gap fill targets around $3,300
Gap Fill Support Zone: $2,500
📌🌟Volume is the primary concern as ETH approaches these major price areas, as the price materializes in-line with the accumulation zone. Once ETH breaks past $2800, expect some strong momentum bullish toward the gap.🚀🚀🚀
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