ETHUSD – Strong Bullish Signals on Daily Chart
Ethereum is showing renewed bullish momentum on the daily chart after rebounding strongly from the $2,700 support zone and breaking into the key resistance area at $2,835–$2,845. This breakout confirms buyer strength and opens the door for a continued move higher.
The MACD has made a bullish crossover, signaling a shift in momentum.
RSI is climbing above 55, indicating increasing buying pressure with room to run before overbought territory.
A golden cross has formed on the daily chart (50-day MA crossing above 200-day MA), supporting the bullish outlook.
Volume is picking up on green candles, suggesting strength behind the move.
Key Levels:
Support: $2,700
A daily close above $2,845 with strong volume would confirm bullish continuation and open the path toward $2,920, then $3,030 and beyond.
Ethereum is showing renewed bullish momentum on the daily chart after rebounding strongly from the $2,700 support zone and breaking into the key resistance area at $2,835–$2,845. This breakout confirms buyer strength and opens the door for a continued move higher.
The MACD has made a bullish crossover, signaling a shift in momentum.
RSI is climbing above 55, indicating increasing buying pressure with room to run before overbought territory.
A golden cross has formed on the daily chart (50-day MA crossing above 200-day MA), supporting the bullish outlook.
Volume is picking up on green candles, suggesting strength behind the move.
Key Levels:
Support: $2,700
A daily close above $2,845 with strong volume would confirm bullish continuation and open the path toward $2,920, then $3,030 and beyond.
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