🔍 Quick Analysis of Ethereum ETH
#Ethereum is experiencing consolidation around the $2,470 level after a strong rebound from support at $2,400.
If it breaks the next resistance at $2,520, we may see movement towards $2,600. However, failure to break through may bring the price back to test $2,380 as a key support area.
📊 Technical Indicators:
RSI indicates nearing overbought conditions.
MACD shows the beginning of a positive crossover.
📌 In your opinion, can #ETH continue to rise or will we see profit-taking soon? 🤔