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Is the Worst Over for ETH Following the Dip Below $3K? (Ethereum Price Analysis)

21 hours ago

Ethereum’s price has declined significantly over the weekend as a result of the rising tensions in the Middle East. Yet, there are still potential support levels available to hold the price.
Ethereum Price Technical Analysis
By TradingRage
The Daily Chart
During the daily timeframe, Ethereum’s price has formed a large bullish flag pattern. The recent drop has briefly pushed the price below the $3,000 support level, but the market has rebounded from the lower boundary of the channel. Judging by the quick recovery, the drop below $3,000 can be considered as a false bearish breakout.
Therefore, ETH’s price can be expected to rally toward the $3,600 resistance level and the higher boundary of the flag in the coming days. The reaction to these levels can be crucial, as it can

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XRP Tumbles Below $0.6 as Bears Take Control (Ripple Price Analysis)

11 days ago

Ripple’s price has recently found itself resting on a significant support area, spanning from $0.58 to the dynamic support provided by the upper boundary of the triangle formation. This critical support zone is anticipated to hinder further downward pressure, setting the stage for a noteworthy rebound in the mid-term.

By Shayan
The Daily Chart
Upon thorough examination of the daily chart, it’s apparent that XRP experienced a notable plunge recently, ultimately landing on a pivotal support region encompassing the $0.57 mark and bolstered by the dynamic support of the triangle’s upper boundary.
Consequently, a reversal is expected as intensified buying pressure nears this crucial level, propelling the price toward the critical resistance at $0.66. Nonetheless, Ripple’s

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Ethereum Price Analysis: Is ETH in Danger of Falling to $3K?

11 days ago

Ethereum’s price has been correcting over the past few weeks after setting a local high around the $4,000 mark. While the price is yet to recover, the bull market may be far from over.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the price has been consolidating between $3,000 and $3,600. Following the recent rejection from $3,600, the market is once again targeting the support at $3,000.
The Relative Strength Index has also dropped below 50%, as the momentum has seemingly shifted bearish. A break below $3,000 would lead to a potential crash toward the 200-day moving average around the $2,400 mark.
On the contrary, a rebound from the $3,000 zone could push the price back toward $3,600 and likely higher this time around.
Source: TradingViewThe

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BTC Needs to Break This Level to Aim for a New All-Time High (Bitcoin Price Analysis)

11 days ago

Bitcoin’s price is currently consolidating below the $70K level, failing to continue its rally and make a higher all-time high. Yet, investors remain optimistic as no worrying signs are surfacing yet.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has been hovering around the $70K mark and is yet to show a prolonged movement to either side.
The $68K resistance level is currently being tested, but the price has not been able to break it to the upside. In case a bullish breakout finally occurs, the market seems likely to set a new all-time high and attack the $80K region. On the other hand, a definitive rejection would result in a deeper decline toward the $60K support zone.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour chart, the

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Bitcoin Price Analysis: Is BTC on the Verge of Exploding to $75K?

16 days ago

Bitcoin’s price has recovered from its sudden drop from $75K and is currently targeting the same level again. Market participants are eagerly waiting for the market to make a new record high soon.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has rebounded from the $60K support zone and broken the $69K resistance level to the upside. BTC is currently climbing toward the $75K resistance once more.
The Relative Strength Index is also showing values above 50%, indicating that the momentum is in favor of a bullish continuation. It might be time before Bitcoin makes a new record high.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour timeframe, it is evident that the price has broken the large descending channel pattern to the upside.

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Calm Before the Storm for XRP: Is a Massive Move Imminent? (Ripple Price Analysis)

16 days ago

Ripple’s price has recently entered a phase of sideways consolidation, following a significant downtrend, leaving market participants uncertain about its future trajectory. However, the cryptocurrency seems likely to remain confined within a tight range until a breakout occurs in either direction.

By Shayan
The Daily Chart
Upon close examination of the daily chart, Ripple’s market activity has diminished, with the price undergoing sideways consolidation characterized by extremely low volatility after experiencing a notable decline from the $0.75 threshold.
Despite this, the price has found considerable support within a crucial price range, indicated by the static region of $0.58 and the dynamic support of the triangle’s lower boundary. This suggests the dominance of

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Ripple Price Analysis: XRP Pushes Toward $0.65 as Buyers Resume Control: Is $0.7 Coming?

22 days ago

Ripple’s price has been trending lower against BTC and consolidating against USDT. While XRP has been underperforming over the last few months, investors can still be optimistic as significant support levels are available.
Technical Analysis
By TradingRage
The USDT Paired Chart
Against USDT, the XRP price has been steadily declining since failing to break through the $0.7 resistance level. However, support has been found to be around $0.6, preventing further drops.
Should this mark fail, there’s potential for a turnaround near the 200-day moving average, situated around $0.57, offering another possible support level for XRP. On the other hand, a rebound from this level can lead to a potential rise toward $0.7.
Source: TradingViewThe BTC Paired Chart
Examining the Bitcoin

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XRP Unable to Break Out Despite Recent Push to $0.63, What’s Next? (Ripple Price Analysis)

25 days ago

After a notable surge, Ripple’s price has successfully broken above the upper trendline of a multi-month triangle pattern, indicating a bullish signal. However, the recent retracement suggests a potential pullback to the broken level.

By Shayan
The Daily Chart
A detailed analysis of the daily chart highlights Ripple’s surge as it surpassed a crucial resistance area represented by the dynamic upper boundary of the triangle pattern, reaching a significant resistance level at $0.74. This breakout underscores the presence of buyers in the market.
However, the price encountered a notable rejection near the $0.74 resistance, leading to a consolidation correction stage toward the triangle’s broken threshold. Many participants view this retracement as a temporary pullback to the

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These Are the Two Critical Levels for ETH in the Short Term (Ethereum Price Analysis)

26 days ago

Following a notable rejection at the substantial $4K price level, Ethereum underwent a corrective phase, experiencing a significant 25% decline. However, as the price neared the significant support of the 0.618 Fibonacci level, a rebound occurred, suggesting the potential for an impulsive surge.

By Shayan
The Daily Chart
A comprehensive analysis of the daily chart reveals a prevailing bullish sentiment surrounding Ethereum, with the price briefly surpassing the critical and psychological resistance at $4K.
However, upon reaching this crucial level, the price encountered intensified selling pressure, resulting in a significant retracement towards the substantial support zone, delineated by the price range between the 0.5 ($3,190) and 0.618 ($2,972) Fibonacci retracement

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What Will Come First for ETH: $3,000 or $4,000? (Ethereum Price Analysis)

29 days ago

Ethereum’s price has finally reached a significant obstacle following months of rallying. Yet, there are still reasons to be optimistic that the market can climb higher.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has been rejected from the $4,000 resistance after rallying consistently since the beginning of February.
The price has dropped to the $3,600 support level, which is currently holding. If ETH rebounds from here, the market might be able to rise above $4,000 and make a new all-time high in the coming weeks. On the other hand, a breakdown can lead to a decline toward $3,000.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour timeframe, the price has seemingly experienced a shift in structure. The market has been making

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XRP Bull Run Paused as Bears Push Toward $0.6 (Ripple Price Analysis)

March 15, 2024

Ripple’s price has failed to keep its upward momentum and is currently on a decline. Still, there are several support levels that might push the price higher again.
Technical Analysis
By TradingRage
The USDT Paired Chart
Against USDT, the price has recently made a run at the $0.7 resistance level. Yet, it has been rejected decisively and is currently testing the $0.6 support level once again.
In case this level fails to hold, the 200-day moving average located around the $0.57 mark will be the next critical support. Until Ripple is trading above the 200-day MA, investors can remain optimistic that the market might rally higher.
Source: TradingViewThe BTC Paired Chart
Looking at the Bitcoin pair, things look much worse for XRP. The price has been dropping consistently over

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Bitcoin Price Analysis: BTC Undergoes Massive Correction Below $70K, What’s Next?

March 15, 2024

Bitcoin’s price has finally corrected after weeks of aggressive rallying. It dropped by around 10% recently, leaving market participants wondering whether a deeper crash should be expected.
Technical Analysis
By TradingRage
The Daily Chart
Looking at the daily chart, the price has been rallying over the last few months, consistently making higher highs and lows. Yet, the $75K resistance level rejected Bitcoin lower, and the market is currently dropping below the $68K support level. Yet, there is still a significant support level available around the $60K mark to prevent a crash.
Meanwhile, the Relative Strength Index has been showing a clear bearish divergence lately, indicating that the market is likely to go through a more prolonged correction phase.
Source:

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Ethereum Explodes Past $4,000 as Bulls Now Eye All-Time High Levels (ETH Price Analysis)

March 11, 2024

Ethereum’s price has been rallying rapidly over the last few weeks, breaking past several resistance levels. Yet, the price has reached a significant level that could hold the market for a while.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has been steadily rising, making higher highs and lows. The market has left the 200-day moving average far behind, a behavior typically seen during crypto bull markets.
Currently, the ETH price is trying to pierce through the $4,000 resistance level after failing to do so last week.
If the breakout occurs, ETH will likely reach a new all-time high. However, judging by the massive overbought signals on the RSI, a pullback looks pretty probable in the short term.
Source: TradingViewThe 4-Hour Chart

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Ripple Price Analysis: XRP Bull Run Finally Here as Buyers Push to $0.70?

March 11, 2024

Ripple is considered far behind other major cryptocurrencies. While coins like BTC and ETH are rallying consistently, XRP has failed to do so. Yet, things might be about to change soon.
Technical Analysis
By TradingRage
The USDT Paired Chart
XRP has consolidated the price above the $0.6 level against USDT. It has also been retesting the 200-day moving average, around the $0.57 mark, multiple times during the last few weeks. Yet, the market is seemingly rebounding from these areas and is about to begin a new bullish phase.
This scenario would fail if the market drops below the 200-day moving average.
Source: TradingViewThe BTC Paired Chart
Looking at the Bitcoin pair, things have been quite different for XRP. The price has been trending down for the last nine months without

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Bitcoin Explodes 11% Weekly but the Chances of a Correction Increase: BTC Price Analysis

March 10, 2024

Bitcoin’s price is finally showing signs of breaking the previous all-time high to the upside.
Cryptocurrency is entering uncharted territories, and predicting its upside potential becomes a lot more challenging. However, there are some hints interpreted from technical and on-chain analysis.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the price is finally breaking the previous all-time high to the upside, with the price climbing toward the $70K level.
The psychological resistance levels of $70K and $80K might be the upcoming targets for BTC in the coming months. Yet, the Relative Strength Index displays a clear overbought signal, which can point to a potential correction or consolidation in the short term.
Source: TradingViewThe 4-Hour Chart

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Bitcoin’s $69K ATH Test Leads to Massive Rollercoaster but What’s Next? (BTC Price Analysis)

March 6, 2024

Bitcoin has achieved a significant milestone by reaching its all-time high of $69K after 847 days, reflecting a notable surge in confidence within the cryptocurrency market.
However, this achievement is accompanied by expectations of heightened volatility in the mid-term, leading to the liquidation of numerous futures market positions.
Technical Analysis
By Shayan
The Daily Chart
A detailed examination of the daily chart highlights Bitcoin’s impressive rally, driven by increased demand and significant capital inflows into spot Bitcoin ETFs, including notable participation from Blackrock. This surge has propelled the price past several critical resistance levels, culminating in Bitcoin’s historical high of $69K.
Despite this upward momentum, the $69K price region presents a

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Following the Flushout, is ETH About to Break Toward $4K? (Ethereum Price Analysis)

March 6, 2024

After a period of heightened buying activity and increased bullish momentum, Ethereum has successfully reclaimed a crucial resistance zone, notably the previous major yearly high at $3.6K.
This breakout, if confirmed by a retest, sets the stage for ETH to potentially establish a new all-time high in the near future.

By Shayan
The Weekly Chart
An in-depth analysis of the weekly chart reveals a significant bullish sentiment surrounding Ethereum, as evidenced by a substantial and impulsive upward movement surpassing the critical resistance represented by the prior major yearly high of $3.6K.
This price action reflects a strong interest from market participants in ETH, resulting in heightened demand.
In the event of a successful retest of the breached level, Ethereum’s price

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What’s Next for XRP Following the Rollercoaster Above $0.6? (Ripple Price Analysis)

March 6, 2024

Ripple’s recent price movement has been marked by extreme volatility, particularly following a breakout above the upper trendline of a sideways triangle pattern, reaching the critical resistance level of $0.66. This indicates a significant struggle between buyers and sellers, which will greatly influence Ripple’s future trajectory.

By Shayan
The Daily Chart
Upon examination of the daily chart, Ripple’s price surge is evident as it breached a crucial resistance area represented by the dynamic upper boundary of the triangle pattern. Subsequently, the price extended its upward movement towards the significant resistance level of $0.66, raising expectations for a potential breakout.
However, upon reaching the decisive $0.66 region, increased selling pressure emerged,

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Will ETH Reach $4K This Week or Are Bears Preparing a Correction? (Ethereum Price Analysis)

March 4, 2024

Ethereum is approaching its all-time high aggressively, with the price on an almost vertical rise. Yet, based on both technical and sentiment analysis, a correction in the short term is looking probable.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has been blowing past several resistance levels since rebounding from the $2,200 level at the beginning of February. The market is currently testing the $3,500 resistance level and is yet to break to the upside definitively.
Meanwhile, the Relative Strength Index demonstrates a clear overbought signal pointing to a potential consolidation or pullback in the coming days. In this case, the $3,000 level can provide sufficient support to prevent a deeper drop.
Source: TradingViewThe 4-Hour Chart

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Is BTC Overdue a Correction Following Epic Rally Above $60K? (Bitcoin Price Analysis)

March 2, 2024

Bitcoin’s price has been on an almost vertical rise in the last few days, approaching its all-time high of $69K. Yet, the cryptocurrency might not make a new record right away, as some warning signals are pointing to a short-term correction.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, it is evident that the price has been rallying aggressively during the last month, breaking past several significant resistance levels. The market is currently one step away from making a new all-time high, as there are no significant long-term resistance levels left apart from the $69K level itself.
Yet, the Relative Strength Index demonstrates a clear overbought signal that could point to a potential consolidation or pullback in the coming days.
Source:

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Following ETH’s Recent Explosion Above $3K, This is the Next Important Target (Ethereum Price Analysis)

February 26, 2024

Ethereum has recently experienced a notable upswing, surging past key resistance levels, including the $2.8K mark, and breaching the significant psychological barrier of $3K.
This upward movement suggests a prevailing bullish sentiment in the market, with investors eyeing the crucial yearly swing high of $3.6K as the next target.

By Shayan
The Daily Chart
A closer look at the daily chart reveals Ethereum’s impressive rally following a bounce off the 100-day moving average, confirming its strength as it reclaims the $2.8K resistance zone. The recent price action indicates a strong bullish sentiment, with expectations mounting for Ethereum to reach a new all-time high (ATH) in 2024.
Despite the optimism, there’s a cautious note regarding a potential expanded bearish

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BTC Dropping to $48K or Pushing to $55K: Which One Comes First? (Bitcoin Price Analysis)

February 26, 2024

Bitcoin’s price has been making higher highs and lows consistently over the past few months. However, the market is currently consolidating around a key resistance level, failing to continue higher.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the price has been breaking through several resistance levels since rebounding from the $40K support zone. Yet, the market is currently hovering around the $52K resistance level.
While there are no serious signs of climbing at the moment, the Relative Strength Index shows values above 50% that indicate higher prices might be achievable in the short term. Therefore, a breakout above the $52K resistance level is still probable.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour chart, it is evident

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Ripple Seems Primed for a Drop to $0.5, But Will the Bulls Retaliate? (XRP Price Analysis)

February 26, 2024

Ripple’s price has been consolidating against USDT while consistently dropping lower against BTC. Things might get even worse in the short term if nothing changes from a technical analysis aspect.
Technical Analysis
By TradingRage
The USDT Paired Chart
On the daily chart, the price has been testing the higher boundary of the large descending channel and the 200-day moving average around the $0.55 price mark.
However, the 200-day moving average has rejected the price to the downside, and the market is likely to pull back toward the $0.50 level in the short term. The RSI breaking below the 50% level is also another signal that such correction is probable.
xrp_price_chart_2602241The BTC Paired Chart
Looking at the Bitcoin pair’s daily timeframe, things are looking much worse

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Is Bitcoin About to Plummet Toward $50K or is Another Rally Incoming? (BTC Price Analysis)

February 24, 2024

Bitcoin’s price has entered a sideways consolidation phase following a notable surge toward the $52K resistance level, leaving market participants uncertain about its next direction. However, a short-term correction seems likely.
Technical Analysis
By Shayan
The Daily Chart
Analysis of the daily chart reveals a prolonged bull market for Bitcoin, characterized by its upward movement within a clearly defined ascending channel. This pattern indicates strong buyer dominance, potentially aiming for a new all-time high (ATH).
Despite this bullish sentiment, Bitcoin has encountered a critical resistance zone near the $52K mark after its recent upward surge.
Consequently, a period of consolidation correction is anticipated, allowing the market to find support levels around the

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Massive XRP Move Incoming Following 7% Weekly Push? (Ripple Price Analysis)

February 19, 2024

XRP’s price has been confined within a multi-month sideways triangle pattern, recently converging at a pivotal resistance area near the 200-day moving average and the triangle’s tightening range.
As a result, a breakout seems imminent, poised to determine Ripple’s future trajectory.

By Shayan
The Daily Chart
An analysis of the daily chart unveils XRP’s gradual ascent, resulting in its encounter with a critical resistance zone. It encompasses the significant 200-day moving average, positioned at $0.5664.
Simultaneously, the price has approached the narrowing range of the triangle pattern, heightening the potential for an imminent breakout in either direction.
However, given the formidable resistance currently faced by the price, a rejection appears most likely, potentially

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Ethereum Explodes Toward $3K: Two Things to Watch This Week (ETH Price Analysis)

February 19, 2024

Ethereum has recently surged with notable momentum, signaling a bullish uptrend.
This increase has seen the price reclaim a critical resistance level, reflecting strong buyer confidence and market participant optimism.

By Shayan
The Daily Chart
A thorough analysis of Ethereum’s daily chart reveals a significant shift in market sentiment, characterized by an impulsive uptrend and heightened bullish momentum.
Accordingly, the price has approached a crucial multi-year resistance zone – the psychological barrier at $2.9K and successfully surpassed it.
This indicates a prevailing bullish sentiment among market participants, with buyers dominating the market. The trend appears sustainable, with eyes set on surpassing the major yearly swing high at $3.6K. However, it’s worth

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Can BTC Bulls Continue the Rally Above $52K or is a Correction Imminent? (Bitcoin Price Analysis)

February 19, 2024

Bitcoin’s price has been rallying consistently over the last few weeks, breaking past several resistance levels. Yet, some worrying signs are starting to emerge.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has rallied toward the $52K resistance level after a rebound from $40K earlier in January. While the market is testing the $52K level, the Relative Strength Index is demonstrating a clear overbought signal.
This could point to a potential consolidation or correction in the coming weeks. Yet, the $47,500 level can provide support and prevent a deep drop.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour timeframe, the price is currently hovering around the $52K resistance level. The market structure is clearly bullish, as the

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Here’s the First Support in Case BTC Corrects Following the Surge Above $52K (Bitcoin Price Analysis)

February 15, 2024

After experiencing heightened buying pressure and a robust surge, Bitcoin’s price has breached a significant resistance region, notably the psychological threshold of $50K and the upper boundary of the multi-month ascending channel.
This signals a notable bull market, with investors eyeing the possibility of Bitcoin reaching new all-time highs in 2024.
Technical Analysis
By Shayan
The Daily Chart
Upon careful examination of the daily chart, it’s clear that Bitcoin’s price has embarked on a remarkable, bullish surge, successfully reclaiming the substantial $50K resistance region and surpassing the upper boundary of a long-standing ascending channel.
This indicates a prevailing bullish sentiment among market participants, with anticipation mounting for Bitcoin to set new

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Here’s When XRP Can Surge to $0.6 as Crypto Markets Recover (Ripple Price Analysis)

February 8, 2024

Ripple has been enduring a consistent downtrend characterized by low volatility and a lack of momentum in its price movement.
However, it has recently found itself at a pivotal support region near the $0.50 mark, potentially poised for a phase of sideways consolidation before its next significant move.

By Shayan
The Daily Chart
Upon a close examination of the daily chart, Ripple’s price trajectory reveals a gradual decline, resulting in its arrival at a crucial support area.
This support zone encompasses the static level of $0.5 and the lower boundary of a multi-month triangle pattern. Given Ripple’s current low volatility and lack of momentum, the most likely scenario in the short term is a period of sideways consolidation before the next directional move.
However, an

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Ethereum Pushes for $2.5K as The Bulls Come Back in Town (ETH Price Analysis)

February 8, 2024

Ethereum’s recent price action has seen it find support around the critical 100-day moving average, signaling a shift in market sentiment from bearish to bullish. ETH has embarked on a bullish retracement and has now reached a pivotal resistance region, setting the stage for its next move.

By Shayan
The Daily Chart
A comprehensive examination of Ethereum’s daily chart unveils a shift in market sentiment, with the significant 100-day moving average at $2225 providing robust support. Concurrently, Ethereum experienced a rebound, propelling the price toward a critical resistance region, which encompasses the lower boundary of the expanding wedge pattern and the static $2.6K price zone.
Should ETH surpass this critical resistance, it could herald a new phase of bullish

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