CandleFocus Ethereum’s Uptrend Slows Down When It Reaches The $3,400 Mark
2024-11-25
Author: Content Editor
The article discusses the current price trend of Ethereum (ETH) and its potential future movements. The price of ETH has rebounded above the moving average lines and is currently testing resistance at the $3,400 mark. If buyers maintain momentum above this level, the price is expected to rally to $3,800 and potentially reach $4,000. However, there is significant selling pressure at the recent high, as indicated by resistance levels and limited price action. Support levels are identified at $3,500 and $3,000. The cryptocurrency is currently trading at $3,423. The article concludes that this analysis is the personal opinion of the author and not a recommendation to buy or sell ETH. Readers are advised to conduct their own research before investing.
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