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weekly chart for ETH/USDT. The weekly chart for ETH/USDT shows Ethereum trading within a descending triangle structure, with the lower support trend line indicating potential price stability around the $2,400 level. The upper resistance line is seen near $3,600. Currently, the price is at around $2,445, having recently declined by around 2.89%. The chart suggests potential upward movement if the price breaks above the resistance line, which could test the previous highs. Key Levels to Keep an Eye on: If Ethereum can break the resistance, the bullish momentum could strengthen; conversely, a drop below the support could indicate a bearish trend ahead. It will be important to monitor volume and market sentiment for the next action. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) fell below the 1,600 level in today’s session, as bearish pressure continued to intensify. Following a high of 1,601.54 on Thursday, ETH/USD slipped to an intraday low of 1,573.31 later in the day. This was the lowest point ethereum had fallen to since September 12, when the price bottomed out at 1,549. Bulls have since bought this dip, with the world’s second-largest cryptocurrency rebounding to a current level of 1,597.46. the 10-day (red) and 25-day (blue) moving averages have neared one another, with the prospect of an upward cross seeming imminent. Should this occur, there could be a bull run in ETH this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563