Ethereum

<ul><li>ETH&#39;s bounce from support signals bullish momentum, eyeing a $3,300 flip for ATH.</li><li>Resistance at $4,897.61 and support at $3,147.57 are crucial for ETH&#39;s trajectory.</li><li>Ethereum&#39;s ETF approval decision by May 23 could sway market sentiment significantly.</li></ul>Ethereum (ETH) stands out as it has reached the current levels of graphical representation, signaling the possible occurrence of a bullish motion. As highlighted by analyst <a href="https://x.com/CryptoCapo_/status/1787200559054786591" rel="noopener noreferrer nofollow">CryptoCapo</a>, with a rebound from the support zone, ETH is eyeing a flip of the $3,300 level. This move could solidify its path towards higher prices, possibly even reaching a new all-time high (ATH). Concurrently, the ETH/BTC pair is also showing promising signs, suggesting that Ethereum and other altcoins might outshine Bitcoin (BTC) in the coming days.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/f6139e17d2f14fea8c8718fd13afa99f.png" />With the current price hovering at<a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow"> $3,134.31 </a>as per Coinmarketcap data, technical analysis reveals a compelling narrative for Ethereum. The chart showcases a dominant upward trend since mid-2022, characterized by a series of higher highs and higher lows, indicative of bullish sentiment. Notably, the trendline support, extending from mid-2022 to the present, underscores the persistent buying interest at progressively higher levels.<a href="https://cryptotale.org/eth-bulls-eye-3300-will-ethereum-propel-to-new-heights/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

ETH Bulls Eye $3,300: Will Ethereum Propel to New Heights?

CryptoTale

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