Ethereum has recently experienced a surge in buying activity, finding robust support at the critical $3.5K level, triggering a bullish rebound. Despite this recovery, the $4K resistance remains a significant barrier that ETH buyers aim to overcome in the mid-term. Technical Analysis By Shayan The Daily Chart Ethereum’s price action has been characterized by a notable rebound after encountering support …
Read More »Is ETH Ready to Challenge $3.5K and $4K After Recent Crash? (Ethereum Price Analysis)
Ethereum recently found stability at the $3K support region after facing substantial selling pressure, leading to a consolidation phase. A golden cross on the daily chart further signals the potential for a mid-term bullish rebound, suggesting optimism in the market’s outlook. Technical Analysis By Shayan The Daily Chart Ethereum’s price action has been marked by increased volatility, particularly after its …
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