BULLISH🚀: Ethereum shows Bitcoin what it's made of with an increase of +71% in 90 days compared to +13% of $BTC
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_Wendy
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Ethereum: Will the $4,300 resistance hinder the next upward momentum?
Ethereum price stands at $4,250, supported by a market capitalization of $510.70 billion and a 24-hour trading volume of $32.21 billion. The daily trading range has fluctuated between $4,172.29 and $4,315.64, reflecting high volatility and active participation across time frames.
Ethereum
The daily chart of Ethereum (ETH) reveals a strong bullish rally extending from around $2,500 to a recent peak of $4,336. However, the current price action shows a small red candle following this significant rally, suggesting a potential temporary pullback. Important support lies between $4,000 and $4,050, marking the final consolidation area, while resistance remains near the $4,336 peak. Overall, the macro trend remains intact, though the protracted nature of this rally signals caution for potential bearish adjustments.
Ethereum
The daily chart of Ethereum (ETH) reveals a strong bullish rally extending from around $2,500 to a recent peak of $4,336. However, the current price action shows a small red candle following this significant rally, suggesting a potential temporary pullback. Important support lies between $4,000 and $4,050, marking the final consolidation area, while resistance remains near the $4,336 peak. Overall, the macro trend remains intact, though the protracted nature of this rally signals caution for potential bearish adjustments.
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