Ethereum

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<ul class="news-points"> 
 <li>Ethereum (ETH) is trading at $2,407.35, experiencing a 4.6% surge in the last 24 hours.&nbsp;</li> 
 <li>Prominent analyst identifies Ethereum consolidating within a bullish pennant, predicting a potential move towards $3500 upon a successful breakout.&nbsp;&nbsp;</li> 
 <li>Skew, a crypto trader, emphasizes the $2320–$2382 range as a robust resistance zone, crucial for confirmation.</li> 
</ul> 
<a href="https://coinedition.com/tag/ethereum-eth/">Ethereum (ETH)</a> is currently trading in the green, defying the broader market trend. According to CoinMarketCap data, ETH is trading at $2,407.35 with a 4.6% surge in value over the last 24 hours. 
World Of Charts, a prominent <a href="https://twitter.com/WorldOfCharts1/status/1744982026648735988" target="_blank" rel="nofollow">analyst</a> on X, recently shared insights on Ethereum’s current trend. According to the analyst, Ethereum is consolidating within a bullish pennant. In the event of a successful breakout, analysts predict a significant move towards the $3500 mark. 
Crypto trader Skew echoed this sentiment, emphasizing the importance of the $2320–$2382 range as a strong resistance zone. Notably, this level has witnessed multiple rejections, adding a layer of significance to any potential breakthrough. 
Skew highlighted that for confirmation, a robust 1-hour and 4-hour close above $2400 is crucial. The trader…
The post <a href="https://coinedition.com/ethereum-surpasses-2400-how-high-can-eth-surge/">Ethereum Surpasses $2,400, How High Can ETH Surge?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ethereum Surpasses $2,400, How High Can ETH Surge?

Coin Edition

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