Quick analysis of coin #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ ๐๐ฅ
Ethereum finally breaks through the downward trendline that has been in place since April, jumping more than 7% to reach $2,645โexceeding the sideways trading range since the September gap! ๐
Upcoming price scenarios:
๐ Bullish scenario: Holding above the $2,600 support level opens the door to continued upside toward $2,800 - $3,000.
๐ Bearish scenario: A break below $2,500 could send the price back to test the support zone at $2,400.
In your opinion, are we at the start of a new explosive wave, or just a temporary peak for profit-taking? Share your thoughts in the comments ๐๐ฌ
Ethereum finally breaks through the downward trendline that has been in place since April, jumping more than 7% to reach $2,645โexceeding the sideways trading range since the September gap! ๐
Upcoming price scenarios:
๐ Bullish scenario: Holding above the $2,600 support level opens the door to continued upside toward $2,800 - $3,000.
๐ Bearish scenario: A break below $2,500 could send the price back to test the support zone at $2,400.
In your opinion, are we at the start of a new explosive wave, or just a temporary peak for profit-taking? Share your thoughts in the comments ๐๐ฌ
