Ethereum

Long

Bitcoin

<h2 id="eth-faces-resistance-at-2450-drops-once-more">ETH faces resistance at $2450, drops once more.</h2>
<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar Technical Analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, On the daily chart, ETH resides within the trendline of an ascending parallel channel.</li>
 <li>From Oct 2023, ETH is trading above 50 Day EMA.</li>
 <li>On the 4-hour chart, Ethereum Price is at a Tipping Point.</li>
 <li><a href="https://www.coingabbar.com/en/price-analysis/ethereum-gears-up-to-form-multi-month-highs-following-bitcoin" title="ETHEREUM" class="f-link" rel="noopener noreferrer nofollow">ETH</a> started a fresh surge above the $2400 level but failed to cross $2450 and fell back.</li>
 <li>On the 4-hour chart, ETH is facing major resistance from the $2450 level.</li>
 <li>Yesterday on the daily chart, ETH has formed a Long Upper Shadow indicating that bears are active near the high.</li>
 <li>Ethereum aims for an upside break above the $2,450 resistance, potentially rallying akin to Bitcoin with a close above $2,500</li>
</ul>
KEY LEVELS : 
RESISTANCE LEVEL : $2,410-$2,450 
SUPPORT LEVEL : $2,350-$2,300 
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

The Challenge: Will ETHEREUM Triumph or Succumb to Market Forces

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