$BTC
Ethereum Price Holding Strong Above 1750
Ethereum continues to trade above the $1,750 level, showing resilience despite recent consolidation. The price is currently above $1,720 and the 100-hour simple moving average, suggesting that bulls are still active.
Key Levels to Watch:
Support: $1,780 and $1,740
Resistance: $1,820 and $1,840
A successful move above $1,820 could open the doors for a push toward $1,880 or even $1,920 in the near term. However, if ETH fails to hold above $1,740, a correction toward $1,700 or lower could follow.
Technical Indicators:
MACD shows weakening bullish momentum
RSI remains above 50, indicating moderate strength
This is not financial advice. Please do your own research before making investment decisions.