Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 1-day update.
A detailed examination of the daily chart underscores Ethereum’s robust bullish momentum, as the price undergoes a substantial and impulsive upward movement, reaching the critical resistance area represented by the prior major yearly high of 3.6K.
Despite the formidable barrier at 3.6K, Ethereum’s overall outlook remains highly bullish, with market participants largely anticipating a successful breach of this level in the coming weeks.
Such a breakthrough would likely signal the expansion of the uptrend towards Ethereum’s ATH, positioning the price for a new high in the medium term. However, until such a breakout occurs, the 3.6K price range is likely to serve as a containment zone for Ethereum’s movements.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 1-day update.
A detailed examination of the daily chart underscores Ethereum’s robust bullish momentum, as the price undergoes a substantial and impulsive upward movement, reaching the critical resistance area represented by the prior major yearly high of 3.6K.
Despite the formidable barrier at 3.6K, Ethereum’s overall outlook remains highly bullish, with market participants largely anticipating a successful breach of this level in the coming weeks.
Such a breakthrough would likely signal the expansion of the uptrend towards Ethereum’s ATH, positioning the price for a new high in the medium term. However, until such a breakout occurs, the 3.6K price range is likely to serve as a containment zone for Ethereum’s movements.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
