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Ethereum Surges Reclaiming Key Resistance Level

Ethereum Holds Above $2,600 Amid Market Uncertainty

  • Ethereum recently surpassed the $2,600 mark but faced resistance near $2,650.
  • ETH remains above critical demand levels around $2,500, maintaining bullish momentum.
  • The broader crypto market is cautious due to macroeconomic volatility and shifting sentiment.
  • Analysts highlight the $2,650 resistance as pivotal for potential upward movement.
  • ETH is currently trading at approximately $2,604 on the 4-hour chart.

Ethereum’s resilience above $2,500 supports bullish sentiment despite broader market uncertainties. Analysts focus on the key resistance level of $2,650 for potential further gains.

Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-reclaims-pivotal-level-key-resistance-around-2650/?rand=52377
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