Ethereum

<ul><li>Ethereum is consolidating between $3,475 and $3,650, with traders eyeing a breakout above $3,650.</li><li>CryptoJack suggests a strong ETH surge if the price breaks above the key resistance level of $3,650.</li><li>Market sentiment remains neutral, with the RSI at 44.30, indicating room for significant price movement.</li></ul>Ethereum (ETH) is currently in a consolidation phase, with traders keenly observing the key levels for a potential breakout. According to a recent X post by <a href="https://x.com/cryptojack/status/1803993819425202399" rel="noopener noreferrer nofollow">CryptoJack</a>, a crypto analyst, ETH is forming a range. The analyst is waiting for a breakout above $3,650 before entering a significant long position. This insight aligns with recent chart analysis, highlighting critical support and resistance levels that could dictate Ethereum&#39;s next move.Recent trading data shows that <a href="https://cryptotale.org/ethereum-consolidation-pattern-points-to-potential-price-breakout/" rel="noopener noreferrer nofollow">Ethereum</a> is navigating a narrow range between $3,475 and $3,650. This range formation suggests that the price is gearing up for a decisive move. On the one-hour chart, ETH shows significant support at around $3,475, providing a strong foundation for potential upward momentum. Conversely, the resistance level at $3,650 is a crucial barrier that ETH needs to surpass to confirm a bullish trend.<a href="https://cryptotale.org/ethereum-price-set-for-breakout-key-levels-to-watch/" 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>|

Ethereum Price Set for Breakout: Key Levels to Watch

CryptoTale

Inne artykuły opublikowane 21 cze 2024

BlockDAG’s $2M Giveaway Extravaganza Countdown In 60 Days! Insights On Solana ETF News & XRP Mark...

BEVM Launches Ethereum Asset Bridge with OP Stack and WBTC Integration

XRP Price Prediction: Bull Run Or Crash As Ripple vs SEC Lawsuit Enters Trial?

SHIB Price Prediction for June 21

Analyst Predicts Further Decline in Dogwifhat Despite Recent Drop

Ethereum Faces Bearish Pressure, Shiba Inu Expands with Visa, Furrever Token’s Referral Bonuses S...

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!