#ETHCrossed2500 #ETHCrossed2500 Quick Analysis:
1️⃣. Psychological Resistance:
Ethereum breaking the $2500 level is considered a strong technical and psychological signal for investors and traders.
2️⃣. Previous Strong Support:
$2500 was a major resistance, and now it may turn into support if it holds above it.
3️⃣. Current Momentum:
The RSI indicator shows continued buying strength.
An increase in trading volume reflects institutional interest.
4️⃣. What's Next?
The next technical target: $2650 – $2800
Caution is advised for rapid corrections that are common after major breakouts.
5️⃣. Overview:
Confidence is gradually returning to the cryptocurrency market.
ETH remains the strongest token after BTC in terms of applications and uses. $ETH