Ethereum Market Outlook - Key Levels to Watch! *
7 Ethereum ($ETH /USD) has dipped 1.81%, currently trading at $2,493.55. The price faces strong diagonal resistance, suggesting ongoing selling pressure.
• Key Levels:
• Resistance: $2,520 & $2,580
• Support: $2,460 & $2,400
I A breakout above resistance may signal a bullish reversal, while failure to hold support could trigger further downside.
Macro View:
J.P. Morgan forecasts strong global growth for 2025, with equities and gold showing upside potential, while oil and base metals may remain under pressure. Morgan Stanley suggests the bull market may still have legs, despite recent volatility.
Traders, stay sharp! Watch these levels for
potential trade setups.
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