Ethereum (ETH) Bulls in Action: Will It Breeze Past $3.5K or Hit Headwinds?
Ethereum (ETH) has shown strong bullish momentum, rising over 6% to trade around $3,316. Breaking past key resistance levels, it reached a high of $3,395. Market cap stands at nearly $400 billion, with a 53% surge in trading volume to $34 billion. Technical analysis indicates positive signals: the MACD crossover suggests growing bullish trend, CMF at 0.27 reflects strong buying pressure, and RSI at 67.78 points to a strong uptrend approaching overbought conditions. If bulls maintain control, ETH could target $3,330-$3,345. However, a bearish reversal might find support at $3,302 or drop below $3,288.
TheNewsCrypto12/10 13:56