GK-ARONNO
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Ethereum (ETH): Continuing Strong After the Pullback🧨🪄💥
$ETH
Hello, it's great to be back with everyone! After a strong rally, Ethereum's price has seen a correction and is currently trading around $4,400, finding solid support from the marked zone on the chart.
From a technical perspective, Ethereum is forming a very strong price structure. After reaching the key support zone, the price has started to recover and has the potential to continue rising. If this price level holds, Ethereum could easily move towards the 0.5 and 0.618 Fibonacci levels (around $4,634 and $4,710), which are very reasonable targets in the current context.
My outlook is bullish. How about you? Feel free to share your thoughts!
Hello, it's great to be back with everyone! After a strong rally, Ethereum's price has seen a correction and is currently trading around $4,400, finding solid support from the marked zone on the chart.
From a technical perspective, Ethereum is forming a very strong price structure. After reaching the key support zone, the price has started to recover and has the potential to continue rising. If this price level holds, Ethereum could easily move towards the 0.5 and 0.618 Fibonacci levels (around $4,634 and $4,710), which are very reasonable targets in the current context.
My outlook is bullish. How about you? Feel free to share your thoughts!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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