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ETHEREUM has seen long standardization than the main resistance levels, as it struggles to find momentum as it continues to trade sideways. The price was closing between $ 2,650 and $ 2,750 for the past week, creating uncertainty in the short term. As ETH is to pressure the sale and is unable to restore the brand of $ 2800, investors grow their concern about his ability to recover.
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Despite the last volatile procedure, some analysts believe that Ethereum can prepare for an upward movement. Crypto Carl Runefelt expert has shared an artistic analysis on X, saying that Ethereum had a bullish pattern on the daily time frame. If this style is turned on, Eth may see a strong outbreak in the coming days.
Ethereum maintains decisive demand levels, making the next step important for its short -term direction. If buyers enter and restore $ 2800, this may indicate a reflection of the direction and open the door to a march above $ 3000. However, failure to obtain support may lead to more negative side and increase the pressure pressure. With uncertainty on the horizon, merchants closely monitor the ETH price procedures to confirm its next step.
Ethereum monotheism continues
The quiet ETHEREUM investors try to constantly fluctuate, but fear continues to grow, ETH can see a negative aspect if it fails to restore the main levels. The price remains stuck in a narrow range, as it trades between the decisive liquidity levels of the short -term demand and supply. Market feelings are divided – some investors expect a deeper and long -standing correction, while others believe that Ethereum is about to recover.
Ronville analysis on X Ethereum stipulates the formation of a similar triangular style and can erupt “any hour now”. According to Runefelt, the goal of this potential penetration is $ 3,055, a level that can serve as a turning point for ETH in the short term. However, ETHEREUM must first restore the brand of $ 2800 and keep it to confirm the start of the recovery phase.
If Ethereum succeeds in breaking this resistance, this may lead to a strong gathering, which prompted prices to return to the level of $ 3000. On the other hand, failure to obtain support can lead to another wave of pressure pressure. With uncertainty on the horizon, all eyes are on ETH where merchants are waiting for confirmation of its next main steps.
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With Ethereum trading in a critical turn, the coming days will be decisive in determining its short -term direction. If the bulls keep the momentum and pay the price higher than the main resistance levels, the confidence will grow in the recovery gathering.
Short -term price test
ETHEREUM is trading at $ 2750, nearly two weeks after the struggle to restore the level of $ 2700. While the bulls have kept over the main support levels, the ETH is still lower than the decisive resistance, which makes the price direction not certain. The most important level that the bulls should recover is the 2800 dollar sign, which was a strong supply area for weeks.
If Ethereum is closed above and retains the level of $ 2,800, the bullish momentum can accumulate, which leads to outbreak. The next main goal will be the 200 -day moving average, which is about $ 2,930. The payment above this moving average would indicate the strength and open the door to ETH to test the $ 3,000 sign.
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However, if ETH fails to break more than 2,800 dollars and face rejection, the market can witness the renewed pressure pressure. This ETH scenario is likely to be sent to the level of $ 2600, and a low demand areas test. With ETHEREUM trading in a tightening range, collapse or collapse appears imminent. Bulls need to climb and restore the lost land quickly, or bears may control and push ETH to low levels of prices. The next few daily closure will be very important in determining ETHEREUM trend in the short term.
Distinctive image from Dall-E, the tradingView graph
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