NEWSLETTER
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ethereum has been quoting below the $ 2,800 brand over the last two weeks, since the sales pressure at this critical level continues to exhaust the bullish impulse. Investors are still cautious in the midst of greater volatility, for fear that ethereum can extend their losses if they cannot claim key levels. Despite uncertainty, some analysts see a possible break in the horizon.
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The main cryptographic investor, Carl Runefelt, shared a technical analysis in x, revealing that eth is currently quoted within a 4 -hour symmetrical triangle. This pattern suggests that a decisive movement is approaching, and if ethereum manages to rise, he could claim key levels of supply and push for $ 3,000. However, if eth cannot maintain current levels and decomposes from the triangle, they could follow more decreases.
ethereum has struggled to gain impulse compared to bitcoin and some other Altcoins, which raises concerns about its relative weakness in this cycle. The merchants are closely monitoring the price action, seeking confirmation of the next important measure. If eth will explode or see below, it is still uncertain, but the next commercial sessions will probably determine their short -term trajectory.
ethereum Price Test Crucial Supply
ethereum is trying to overcome the $ 2,700 brand and keep it as a support to confirm the start of a recovery phase. However, the real challenge is advanced, since the key levels to recover remain between $ 2,800 and $ 3,000. Analysts warn that if eth cannot recover these critical supply areas soon, it could follow a deeper correction. Currently, the market is waiting for confirmation in any direction while ethereum struggles to gain bullish impulse.
Carl Runefelt <a target="_blank" href="https://x.com/TheMoonCarl/status/1891407583732277640″ target=”_blank” rel=”nofollow”>shared a technical analysis Highlighting that eth is quoted within a 4 -hour symmetrical triangle. This pattern indicates an imminent break, although the address remains uncertain. Runefelt states that if ethereum manages to reach the rise, the immediate objective will be the resistance level of $ 3,000. A rupture above $ 2,800 would strengthen the upward case and indicate a possible investment of the recent bassist trend.
ethereum has been quoting below $ 3,000 since the beginning of February, with a sales pressure avoiding a break. The feeling of investors remains mixed, since some expect eth to claim their upward trend, while others fear more down. Volatility remains an important concern, and merchants are looking for technical signs to anticipate the next movement.
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The next few days will be crucial for ethereum, since he tries to recover strength. If eth successfully claims the $ 2,800 mark soon, an upward break in the $ 3,000 zone becomes inevitable. The merchants are closely monitoring the price action, seeking confirmation of the next important measure. It remains to be seen if ethereum will claim his bullish impulse or face another leg down.
Details of the eth price action: technical levels
ethereum is quoted at $ 2,750 after days of trying to claim the level of $ 2,700. The bulls are fighting to maintain this critical support, since maintaining it could provide the necessary impulse for a break. If eth remains above $ 2,700 and manages to exceed the $ 2,800 mark, it could trigger an upward increase in higher levels, the next main objective being $ 3,000. A movement above this level would confirm a reversal of the recent bearish trend and strengthen investor confidence.
However, uncertainty remains as the sale pressure continues to weigh on eth. If the price is not maintained above $ 2,700, the bears could recover control and reduce the price. A breakdown below this level would probably lead to greater sales pressure, pushing eth towards lower support areas. Investors are closely observing a decisive movement, since breach of current levels could result in more pain for the holders.
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The next few days will be critical to determine the short -term trajectory of ethereum. A successful $ 2,800 claim would pave the way for an upward recovery, while losing $ 2,700 could lead to deeper correction. Merchants are still cautious, waiting for a clear sign before making their next movement.
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