Ethereum (ETH) in A Bull Flag, There Is Strong Upside Rejection at $1.7k
Ethereum is bullish but has been consolidating in recent days. The immediate resistance line remains at $1.7k.
Ethereum is bullish but has been consolidating in recent days. The immediate resistance line remains at $1.7k.
Ethereum prices are relatively down, pulling back from the $1.7k resistance. Still, there could be more upsides in the near term.
Ethereum is solid at spot rates. However, a definitive close above $1.7k and November highs is critical for optimistic buyers.
Ethereum is firm, adding 10 percent in the last trading week. As it is, buyers are setting sights at $1.7k but first need to break $1.35k

Ethereum (ETH) has breached $1,250 after trading sideways for nearly three weeks. On-chain analytics platform, Santiment suggested a recent rise in “Ethereum Whale” activity for the
Ethereum is up 17 percent at press time, surging from November 2022 lows. At this pace, buyers must clear $1.25k for uptrend continuation.

Ethereum (ETH) experienced a brutal 2022 despite the monumental overhaul known as theĀ āMergeā, that shifted the blockchain network consensus from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Since
Ethereum is down 40 percent from August highs but could slump lower if ETH drops below $1.15k and below the bear flag.
Ethereum is solid at spot rates, adding 13 percent from November lows as bulls look to shake off bears of early November.

Ethereum buyers are upbeat, expecting more gains in the days ahead. However, there is a bull flag below the all-important sell wall at $1.35k.
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