Analysis

Ethereum price has recently experienced a downside correction from the $2,700 zone and is currently consolidating. The cryptocurrency is struggling to maintain support above the $2,500 level, indicating a potential bearish trend in the market. The price has dipped below key levels such as $2,650 and $2,620, highlighting the challenges faced by ETH in recent
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Bitcoin’s price has seen a significant surge recently, breaking through key resistance levels and surpassing the $60,000 mark. This uptrend has sparked optimism among investors and traders, signaling potential further upside in the near future. One of the noteworthy developments is the formation of a connecting bullish trend line with support at $60,000 on the
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Ethereum has shown signs of strength as it consolidates near $2,680 after gaining pace above the $2,550 resistance zone. The cryptocurrency is now eyeing more upsides above $2,750, indicating a potential bullish trend in the near term. Technical Analysis The hourly chart of ETH/USD shows a key bullish trend line forming with support at $2,550.
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