$ETH is trading in the $1,890 to $1,930 range. The crypto market is seeing mixed momentum, but technical indicators for Ethereum are leaning toward a Strong Buy signal on the daily charts, heavily supported by moving averages and a high Relative Strength Index
Key Technical Levels
Support: ETH has established a strong base and formed a double-bottom pattern around the $1,850 to $1,868 zone. Buyers have consistently defended this level, treating it as a key demand zone.
Resistance: The immediate hurdle is near $1,980 to $2,000. A confirmed breakout above this supply zone could open the door for a push toward the $2,150 level (the 200-day EMA) and potentially target $2,400.
#TSEPlansReReviewForMajorBusinessChanges #GoldBreaksOutFromJanuaryDowntrend
#SenateTalksDelayCLARITYActVote
Key Technical Levels
Support: ETH has established a strong base and formed a double-bottom pattern around the $1,850 to $1,868 zone. Buyers have consistently defended this level, treating it as a key demand zone.
Resistance: The immediate hurdle is near $1,980 to $2,000. A confirmed breakout above this supply zone could open the door for a push toward the $2,150 level (the 200-day EMA) and potentially target $2,400.
#TSEPlansReReviewForMajorBusinessChanges #GoldBreaksOutFromJanuaryDowntrend
#SenateTalksDelayCLARITYActVote