Since April 7, ETH has held an impressive rally, up almost 97%from $ 1,388 to $ 2,743. This powerful Upward movement Signaling has reinforced the stronger in the larger crypto market. When the major resistance level comes, the ETH is likely to maintain strength and promote the next psychological sign.
Will Ether Lee lead the next leg of the next encryption market rally?
his mail In X, Core expressed a strong optimism of Ethereum's price trajectory and pointed out how close the asset is to the new all -time high. He said ETH is currently trading at about $ 2,608, and only $ 2,276, which is about 86.8%of the current level to reach a new record.
He pointed out that Ether Lee has already moved more than that in 34 days, and the impressive rally mentioned almost 97%of profits from $ 1,388 to $ 2,743. Therefore, core suggests that ATH is inevitable, not possible. His analysis emphasizes the strength of Ether Leeum's current trend and the possibility of continuous rise, especially if it is a wider market sentiment. ruins stress.
Core also revealed something else mail At once again, at an important time, the price behavior is knocking on a resistance of about $ 2,640. This level has been difficult to crack in recent weeks, so it has been a ceiling to prevent upward momentum.
After Ether Lee's $ 2,640 resistance zone target The radar is $ 3,200 and is a major psychological and technology level that matches the previous price structure. If you change this resistance, you can open the door for the continuation of the strength because the conviction of the tendency is strengthened. The technical indicators began to include Bulls's favor, and volume began to rise. There are two signs that the buyer is preparing to move.
There is no immediate excess or bold condition
Another analyst, GemxBT, share His insight into Ether Lee's current price behavior, integration emphasis step For $ 2,600 for ETH/USDT. According to the statement, Ether Lee's technical indicator shows the initial signs of potential optimism.
GEMXBT points out that the 5 -day mobile average (4mA) exceeded the 10 -day moving average (10mA). This crossover is often considered short -term. OptimismIf a momentum is purchased, it suggests that the buyer can start control. But other indicators suggest that the market is still waiting for a stronger confirmation.
Looking at the chart, the relative robbery index (RSI) is currently hovering near the neutral zone. Specifically, this neutral attitude indicates that the price can move in any direction, depending on the amount of reception and wider market sentiment.
On the other hand, MACD (Mobile Average Convergence) indicators are a bit optimistic, but Gemxbt still insists that there is still a lack of powerful exercise, which is a signal that Bulls is not completely handed over to the market. In terms of the main level, GemxBT identifies $ 2,550 for the support area, and $ 2,650 to resistance. The decisive breakage above the resistance can re -evaluate the upward momentum, while the slip under the support can signal short -term correction.
The main image of Adobe Stock, the chart of TradingView.com
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor's team. This process ensures the integrity, relevance and value of the reader's content.
