Ethereum (ETH) is showing renewed strength today, trading at $1,809.15 with a +0.67% uptick over the last 24 hours. After successfully defending the $1,778 support, ETH has pushed above the short-term moving averages and is challenging key resistance levels. The 4-hour chart reveals a bullish crossover on the EMA ribbons, supported by improving MACD momentum and a rising RSI currently at 63.39 — signaling further buying interest. With the price now above the 99 EMA and targeting the $1,841 zone, traders are optimistic for a potential breakout. Keep your eyes on Ethereum as it could be gearing up for a bigger move!
Global Markets React to Tariffs Pause — Crypto Holds Steady
In a major development for global trade, leading economies have agreed to pause new tariffs, bringing a wave of optimism across financial markets. Stocks rallied, commodities stabilized, and crypto markets remained resilient. Ethereum and Bitcoin are showing strength as investors seek alternative assets amid policy shifts. A pause in tariffs could mean more liquidity and reduced volatility in traditional markets, but crypto's appeal as a decentralized hedge remains strong. As global dynamics shift, it’s an exciting time to watch how cryptocurrencies continue to position themselves for future growth.
Ethereum showing signs of strength as momentum builds!
Today, Ethereum (ETH) is gaining attention across the crypto community as it holds strong above key support levels. After a slight consolidation phase, ETH is now attempting a breakout that could set the stage for a bullish move in the coming days. Traders are watching closely as on-chain data suggests an increase in active addresses and rising trading volume. With the upcoming network developments and growing interest in DeFi and NFTs, Ethereum continues to play a critical role in shaping the blockchain ecosystem. Keep an eye on the charts and stay updated for opportunities!
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