ETH reclaims $2,200-$4,000 range with $96.77B volume, signaling bullish momentum.
ETH RSI hits 70.13, suggesting strong buying interest despite overbought signals.
The price $2,200 acts as strong support, boosting confidence in ETH’s continued price rally.
Ethereum (ETH) has found a critical price level and reclaimed the $2,200-$4,000 macro range. This rise has created excitement among investors, and analysts are projecting upward movements. Recent analysis by crypto analyst Rekt Capital indicates that Ethereum’s recovery above the $2,200 mark may trigger a rally within the newly reclaimed range.
Ethereum Reclaims $2,200-$4,000 Range
Ethereum’s price has shown remarkable strength, bouncing back from a dip below $2,200 to secure the critical range. According to Rekt Capital, this price recovery indicates that Ethereum is likely to experience continued upward momentum, especially as it settles within the $2,200-$4,000 macro zone.
$ETH
Key Ethereum Weekly Close secured
Ethereum has reclaimed the $2200-$4000 Macro Range
History suggests that over time, Ethereum is likely to lift across the Range
Any dips, if needed at all, would only solidify $2200 as Range Lo…
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