CandleFocus Ethereum Price Pullback: Another Chance for Buyers To Load ETH?
2024-09-24
Author: Content Editor
The Ethereum price has increased above the $2,650 resistance level and is currently undergoing a correction. It is expected to find support near the $2,600 level. Despite beating Bitcoin, it may face hurdles near the $2,650 and $2,680 levels. If it breaks above the $2,700 resistance, it could experience further gains towards the $2,780 and $2,840 levels. On the downside, if it fails to clear the $2,650 resistance, it could continue to move down and find support near $2,600 and $2,550. The MACD indicator is currently in the bearish zone, and the RSI is below 50.
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