Ethereum Price Prediction: Relief Rally or Another ETH Dump Next?

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Ethereum is rebounding toward $2,550 after finding buyers in the $2,360-$2,420 demand zone. The cryptocurrency maintains its longer-term bullish structure and remains above key moving averages, with the 100-day MA at $2,240 above the 200-day MA at $2,140. The $2,660-$2,740 resistance zone represents the main obstacle to a sustained recovery, while a break below $2,490-$2,500 would expose supports at $2,220-$2,280. Sentiment analysis shows normal order activity without a visible return of whale-sized orders, limiting confirmation of the current bullish momentum.

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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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