Price Correction from the Resistance Zone
Ethereum is currently within the $2600 to $2700 resistance range. This range is recognized as a significant resistance that might halt the current upward trend and initiate a downward movement.
Potential Scenarios:
Price Correction from the Resistance Zone:
If Ethereum fails to break through the $2600 to $2700 resistance range, a price correction towards the $2500 and $2400 support levels is likely. These levels could act as key points for a potential price reversal and continuation of the downward trend.
Breaking Resistance and Continuing the Uptrend:
If Ethereum can break through the $2700 resistance and stabilize above it, this move could indicate the continuation of the uptrend, with the price moving towards higher levels.
Potential Scenarios:
Price Correction from the Resistance Zone:
If Ethereum fails to break through the $2600 to $2700 resistance range, a price correction towards the $2500 and $2400 support levels is likely. These levels could act as key points for a potential price reversal and continuation of the downward trend.
Breaking Resistance and Continuing the Uptrend:
If Ethereum can break through the $2700 resistance and stabilize above it, this move could indicate the continuation of the uptrend, with the price moving towards higher levels.
💎 We believe that everyone can trade and deserves the opportunity to succeed in the world of cryptocurrency and take advantage of its potential.
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.