Ethereum (ETH) Market Analysis: Key Levels & Outlook ๐
Ethereum continues to dominate with its transition to Ethereum 2.0, improving scalability and energy efficiency. It remains the backbone of DeFi and NFTs, with increasing institutional adoption boosting its legitimacy.
๐ Support: $1,500 โ a key level to watch for potential rebounds.
๐ Resistance: $1,800โ$1,850 โ breaking this could push ETH to $2,000+.
๐ RSI & MACD: Signs of short-term correction, but overall bullish momentum remains strong.
Outlook: ETH is well-positioned for long-term growth with ongoing upgrades. Watch for market sentiment shifts and technical breakouts for the next big move! ๐
