Ethereum Consolidates After The Selloff, But Resistance Still Holds Strong

4 days ago

Ethereum (ETH) is currently consolidating in a tig

Ethereum Consolidates After The Selloff, But Resistance Still Holds Strong

Ethereum Consolidates After The Selloff, But Resistance Still Holds Strong

Ethereum (ETH) is currently consolidating in a tight range following its recent selloff, demonstrating resilience by holding above key support zones. However, the price remains firmly capped by a descending trendline and structural resistance around the $3,400 level. While buyers defend the vital $2,905 low, the

Source: Chart from CyrilXBT on X
ETH trading at $3,156 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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