NEWSLETTER
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ethereum has been fighting below the $ 2,800 brand for weeks, unable to claim it as support and cause a recovery rally. This critical resistance level has kept bulls at bulls, leaving the action of stagnant price and feeding the negative feeling in the market. Analysts require a bearish continuation, citing ethereum's inability to break the key supply areas. The broader uncertainty of the market and the persistent sales pressure have only been added to concerns, which makes investors more and more cautious about ethereum's short -term perspectives.
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However, not everyone is bassists. Some investors remain optimistic that ethereum could soon enter a recovery phase. The superior analyst Ali Martínez recently shared a technical analysis that reveals that ethereum could be showing signs of a possible rebound. Martínez pointed out that the sequential indicator of TD, a widely used tool to identify possible reversions of trends, has marked a purchase signal in the weekly table. This indicator, known for its precision by identifying the moments of exhaustion of trends, suggests that ethereum could be close to a turning point.
As ethereum consolidates at current levels, the next few weeks will be crucial to determine their next movement. Will the purchase signal lead to a rally, or dominate the bassist feeling? For now, all eyes are in the $ 2,800 mark and if ethereum can recover it.
ethereum prepares for a rebound
After the dramatic sale last week, ethereum collapsed from $ 3,150 to $ 2,150 in less than two days, shaking the confidence of investors and leaving the market in agitation. Although the price has been strongly recovered, rising again to the range of $ 2,600– $ 2,700, ethereum has struggled to claim key levels of supply, keeping the bearish feeling alive. The path to recovery remains a challenge, and eth needs to break over the $ 3,000 brand to indicate an investment of the current bearish trend.
The superior analyst Ali Martínez has provided some hopes for ethereum Bulls, <a target="_blank" href="https://x.com/ali_charts/status/1890298933127106847″ target=”_blank” rel=”nofollow”>Share positive data in x That suggests that a possible rebound can be on the horizon. According to Martínez's technical analysis, ethereum shows signs of recovery, since the sequential indicator of TD shows a purchase signal in the weekly graphic.
The Sential TD, a highly respected tool in the technical analysis, is specifically designed to identify moments of exhaustion of trends and reversions of potential signaling prices. A purchase signal in the weekly graph is a particularly strong indicator, suggesting that eth could be close to a critical turning point.
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If ethereum manages to pass over the $ 3,000 mark and claim it as a support, confirm a reversal of trends and could generate a rally at higher price levels. However, until this key level is violated, uncertainty remains and the bearish pressure could still dominate. For now, the market is watching closely to see if ethereum can capitalize on these positive signals and recover its balance. The next weeks will be crucial to determine if eth can shake your bassist trend and resume a path to recovery.
eth Price Test Crucial Supply
ethereum is currently quoted at $ 2,695, consolidating after days of varying between $ 2,525 and $ 2,795. The market is still undecided, with bulls and bears waiting for a break in any direction. Bulls face the critical challenge of claiming the level of $ 2,800 as support to gain impulse and boost the price towards $ 3,000. A movement above $ 3,000 would confirm a recovery rally and potentially marked the beginning of an upward phase for ethereum.
However, current price levels are crucial to maintain a recovery phase. Maintaining the support level of $ 2,600 is essential for bulls to generate trust and attract more purchase pressure. Losing this level could interrupt the impulse of recovery and causing a deeper correction, pushing eth to lower demand areas that could see that it tests the levels below $ 2,500.
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The next few days will be fundamental for ethereum's short -term management as it continues to float near the key levels. If the Bulls manage to recover $ 2,800 and overcome above $ 3,000, it could attract renewed interests of buyers and feed a higher supply zones. On the contrary, the lack of maintenance of current levels could give Bears the advantage, which leads to greater sale pressure and higher price decreases. For now, ethereum remains in a critical consolidation phase.
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