$ETH

📈 Publication with the currency pair $ETH

The current price of $ETH (Ethereum) is around $2,765 USD, showing a slight recovery from its intraday low of approximately $2,711 USD. This movement suggests a healthy consolidation amid a market with high expectations for advancements in the Ethereum network, especially regarding scalability solutions and Layer 2.

From a technical standpoint, key support is at $2,700 USD, while immediate resistance is near $2,820 USD. In my current strategy, I use dollar-cost averaging (DCA) to accumulate ETH, and I am attentive to the crossing of the 200-day EMA, which could indicate a bullish continuation.

Moreover, Ethereum continues to lead the DeFi and NFT sector, reinforcing its long-term value. As clearer regulations are developed, and with the potential integration of upgrades like Danksharding, the outlook for $ETH remains promising for both traders and holders.