Analysis

Ethereum has shown a steady increase in price, surpassing the $2,650 resistance level. This uptrend in ETH has outperformed Bitcoin, indicating a strong bullish sentiment in the market. The price movement suggests a potential rally towards the $3,000 resistance zone in the near future. Upon analyzing the hourly chart of ETH/USD, it is evident that
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Bitcoin has been on a rollercoaster ride lately, especially when it comes to its price action. After recovering above the $60,000 resistance zone, BTC is now facing a major hurdle in clearing the $61,200 and $61,500 resistance levels. The struggle is real, and it remains to be seen whether the bulls or bears will emerge
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As Bitcoin price continues on its volatile path, it has managed to stay above the $57,650 support zone. The recent trend indicates a potential rise in price, with a possible move above the $60,000 resistance zone. The recovery wave has seen the price trading below $60,000 and the 100 hourly Simple Moving Average. Despite these
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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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