#ETH🔥🔥🔥🔥🔥🔥
"Ethereum (ETH) – Where is it heading?"
Currently, the price of Ethereum (ETH) is trading at around $1,761, after a period of fluctuation between $1,760 and $1,820. Despite this apparent stability, technical analyses indicate a neutral market state, with the Relative Strength Index (RSI) standing at 51, indicating a balance between buying and selling forces.
The current resistance is centered at the $1,800 level, and if it is broken firmly, we might witness an upward movement towards $2,000. Conversely, the $1,700 level represents an important support area, and breaking it could lead to further decline.
Recommendation: For short-term investors, it is advisable to wait for confirmation of the breakout. For the long term, the current price is considered a good opportunity for gradual entry, with the importance of risk management using stop-loss orders.
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