Ethereum (ETH) – Consolidation Phase Before Potential Breakout?

Ethereum ($ETH) is trading at $2,623.55, showing signs of consolidation after recent volatility. The intraday high reached $2,643.81, with a low of $2,592.76.

Technical Outlook

Resistance Levels: $2,650 and $2,700

Support Levels: $2,590 and $2,550

Future Prediction: If ETH maintains above $2,600, a push towards $2,700 is plausible. However, a drop below $2,590 could signal a short-term bearish trend.

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