CandleFocus Ethereum Price Set to Rise Again, But Will This Level Hold?
2024-09-26
Author: Content Editor
The Ethereum price experienced a correction after failing to break the $2,700 resistance level. It dropped below $2,600 and tested the $2,550 support level. However, the price is now attempting to make a fresh increase and has climbed above $2,580. There are resistance levels near $2,600, $2,620, and $2,645 that need to be cleared for further gains. On the downside, support levels are at $2,550 and $2,525, with the potential for further declines towards $2,450 and $2,400. The MACD is showing weakening bullish momentum, while the RSI is below the 50 zone.
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