Ethereum has experienced prolonged consolidation below the key level of resistance, trying to find a momentum because he is still trading sideways. The price ended from 2650 to 2750 USD over the past week, causing uncertainty in the tiny period. Because Eth is in the face of sales pressure and unable to recover the 2800 USD mark, investors are afraid of his ability to recover.

Despite the recent uncertain price action, some analysts believe that Ethereum can prepare for a stubborn move. The Crypto expert, Carl Runefelt, shared the technical analysis of X, stating that Ethereum creates a stubborn pattern in the everyday period. If this pattern goes, ETH could see a forceful breakthrough in the coming days.

Ethereum maintains key levels of demand, which makes another critical movement for its tiny -term direction. If the buyers enter and recover USD 2800, it may signal the reversal of trends and open the door to the rally above USD 3000. However, the lack of storage of support can lead to a further decline, increasing the pressure for sale. Due to uncertainty, traders carefully observe the ETH price campaign to confirm the next move.

Ethereum consolidation continues

Ethereum investors are trying to remain placid among constant variability, but fear is still growing so that ETH can see further disadvantages if it does not regain key levels. The price remains strictly stuck, trading between key levels of tiny -term demand and supply liquidity. Market sentiments are divided – some investors provide for deeper correction and long -term consolidation, while others think that Ethereum is on the edge of the recovery rally.

Runefelt analysis on x He states that Ethereum creates a symmetrical triangle pattern and can stop “every hour”. According to Runefelt, the purpose of this potential breakthrough is USD 3,055, which can be used as a turning point for the ETH tiny -term trend. However, Ethereum must first recover the 2800 USD mark and keep it to confirm the start of the recovery phase.

If Ethereum successfully breaks over this resistance, it can cause a forceful rally, withdrawing prices back to 3000 USD. On the other hand, a lack of support can lead to another wave of sales pressure. Due to uncertainty, all eyes are on ETH when traders are waiting for confirmation of another critical movement.

In connection with the Ethereum trade at a critical moment, the coming days will be of key importance to determining its tiny -term direction. If Bulls keeps the momentum and exceeds the price above the key level of resistance, confidence in the recovery rally will augment.

Testing tiny -term prices

Ethereum trades at USD 2750 after almost two weeks of struggle to recover USD 2700. While the bulls maintained the key levels of support above, ETH remains stuck below the key resistance, which makes the direction of the price uncertain. The most critical level that Bulls must recover is the 2800 USD sign, which has been working as a forceful supply zone for weeks.

If the ethereum closes above USD 2800 and persists over it, the stubborn rush can take on, which leads to a breakthrough. The next main goal would be the 200-day movable average, which costs about USD 2,930. Push above this movable average would signal strength and open the ETH door to test the 3000 USD mark.

However, if ETH does not fall above USD 2800 and is doomed to rejection, the market could renovated sales pressure. This scenario probably sent ETH back to $ 2600, testing lower demand zones. In connection with the Ethereum trade in the exacerbation, a breakthrough or failure seems inevitable. Bulls must quickly accelerate and recover the lost base or bears can take control and move ETH to lower price levels. The next few daily closures will be of key importance for determining the tiny -term direction of Ethereum.

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