$ETH #Ethereum Price Stays Resilient — Upside Break May Be Ahead

Ethereum (ETH) continues to show strong resilience despite recent market turbulence. After holding firm above the key $3,000 support zone, ETH is now trading in a tightening range, signaling a potential breakout on the horizon.

Technical indicators are flashing bullish signs — the price remains above the 50-day simple moving average, and momentum is steadily shifting upward. Buyers have successfully defended crucial levels, and the reduced selling pressure suggests confidence is returning among investors.

If Ethereum manages to break decisively above the $3,200 resistance, a powerful upside move could unfold. Analysts are eyeing the $3,500 and even $3,800 zones as the next potential targets if bullish momentum builds.

On-chain data also supports the bullish case: exchange reserves are decreasing, hinting that investors are moving ETH to cold storage in anticipation of higher prices.

While broader market sentiment and macroeconomic factors will continue to influence the crypto space, Ethereum’s resilience positions it well for a strong recovery phase. Keep an eye on key resistance levels — the next few days could be pivotal.

Will Ethereum lead the next crypto rally? Time will tell.

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