🚀 Ethereum Price Update: Will It Go Up or Down?
Ethereum (ETH) recently bounced off the $1,750 support level on March 31, hinting at a potential double-bottom pattern forming, which could indicate a bullish move.
However, the path forward remains uncertain, with key levels to watch closely.
🔹 Important Levels to Watch:
-
Resistance – $1,970 (20-day EMA):
If ETH fails to break through this resistance, it may see a decline to $1,600 or even $1,560. -
Breakout Zone – $2,150:
A successful breakout above $2,150 could push ETH to new heights, with a potential rise to $2,400.
If Ethereum breaks the $2,150 level, we could witness a significant surge.
However, if it gets stuck at the $1,970 resistance, a downward movement may be in store.
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