ETHEREUM'S SOARS WHILE BITCOIN STALLS,A GREAT MARKET SHIFT AHEAD!

Ethereum's recent surge is a notable development in the cryptocurrency market. With Ethereum's price trading above $3,000 and the 100-hourly Simple Moving Average, it's showing strong bullish momentum. Here are some key points to consider :

Current Price: Ethereum is currently trading at $3,437.59, with a 9.01% increase in the last 24 hours.

Resistance Levels: The price could face resistance near $3,120, $3,150, and $3,220 levels. A clear move above $3,220 might send the price toward $3,300 or even $3,420.

Support Levels: Initial support is near $3,100, with major support at $3,040. If Ethereum fails to clear $3,150 resistance, it could start a downside correction.

Technical Indicators: The Hourly MACD is gaining momentum in the bullish zone, and the Hourly RSI is above the 50 zone, indicating positive momentum.

Market Sentiment: Ethereum's outperformance against Bitcoin signals growing confidence in Ethereum's ecosystem and future prospects. Analysts predict potential targets ranging from $4,500 to $5,300.

The shift in market dynamics, with Ethereum outperforming Bitcoin, could indicate a broader altcoin rally. Investors are advised to monitor key levels and market sentiment to make informed decisions .#PowellVsTrump #BinanceHODLerERA #AltcoinSeasonLoading #ETH $ETH