$ETH
🔴 General Trend: The price is currently at 2,700.78 USDT, moving in a strong upward path on the weekly timeframe after bouncing off the bottom at 1,505.68.
⭐ Technical Indicators: The price is trading above all positive moving averages (EMA(7) = 2,514.82 and EMA(99) = 2,560.18), which reinforces the continuation of upward momentum.
💥 Support and Resistance: The nearest upcoming resistance levels are at 3,080.36, then 3,402.89, while 2,514 represents a key support zone.
🔵 Conclusion: The trend is very bullish. Staying above 2,560 supports continuation of the move upward toward 3,000+ dollar levels.
#USWeeklyJoblessClaimsFallTo197000
🔴 General Trend: The price is currently at 2,700.78 USDT, moving in a strong upward path on the weekly timeframe after bouncing off the bottom at 1,505.68.
⭐ Technical Indicators: The price is trading above all positive moving averages (EMA(7) = 2,514.82 and EMA(99) = 2,560.18), which reinforces the continuation of upward momentum.
💥 Support and Resistance: The nearest upcoming resistance levels are at 3,080.36, then 3,402.89, while 2,514 represents a key support zone.
🔵 Conclusion: The trend is very bullish. Staying above 2,560 supports continuation of the move upward toward 3,000+ dollar levels.
#USWeeklyJoblessClaimsFallTo197000
