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ETH has passed $ 2,550 while Bulls targets $ 2,800



Ethereum showed the amazing -wonderful strength in recent trade, forming a clear -up -to -lower lows and higher as the critical $ 2,550 pivot levels were recovered.

Price action shows a convincing rebound from the $ 2,470- $ 2,495 demand zone, although technical indicators suggest caution as ETH approaches a significant $ 2,800 resistance level where on-chain data shows a cluster of cost to the expense to increase the sale of pressure.

Global economic intensity and continued trade disputes continue to emit shadows in crypto markets, but Ethereum’s stability stands amid uncertainty.

Technical assessments

  • The ETH is formed by a clear ustrend with higher lows and higher within 24 hours, showing a strong momentum.
  • In the upper-average volume during the 22:00 and 00:00 hours of the ETH success of previous levels of resistance.
  • A well -known spike volume of 178,236 units during the period of 3 o’clock in conjunction with ETH reaches 24 hours of $ 2,597.
  • The subsequent pullback to $ 2,554 suggests getting revenue after a huge rally, which potentially sets up an integration of the stage.
  • In the last time, ETH experienced significant volatility with a sharp 0.73% correction from $ 2,571.25 to $ 2,552.40.
  • The action of the dramatic price between 13: 53-13: 55 saw ETH Plummet up to $ 2,545.12, accompanied by volume spikes over 10x the average amount of minutes.
  • A potential short-term zone support is formed near $ 2,548, which aligns to a broader support level at a 24-hour $ 2,550.

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