The price of Ethereum saw a strong bullish push during the previous day's trading.
Ethereum |
The price of Ethereum saw a strong bullish push during the previous day's trading. The bearish activity shows less involvement, which is a concern, as they might be preparing for a bigger move.
ETH needs to break above temporary resistance, which has acted as strong support for over 4 months.
If ETH can break key resistance levels, it could lead to a new rally. Otherwise, we might see consolidation or a correction.
ETH remains volatile, with possible swings both up and down. However, under favorable conditions, ETH has the potential to grow.
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