The post What Does the Future Hold for Ethereum? Analysis Firm Reveals the Level That Must Be Protected and the Target in a Rally appeared on BitcoinEthereumNews.com.

Cryptocurrency analytics firm MakroVision has published an updated analysis of Ethereum’s technical outlook. The firm notes that Ethereum is consolidating above the $2,400 level and that sideways movement in this region could be part of a healthy uptrend. According to MakroVision, Ethereum gained new momentum by managing to stay above the red falling trend line. The consolidation above the $2,400 level is considered positive from a technical perspective. According to the analytics company, the critical levels for ETH are listed as follows: $2,820-$2,880: The most important resistance area ahead. These levels have faced strong selling pressure in the past. $2,400: Current support zone. Holding this level maintains short-term bullish outlook. $2,132: Key support level to watch in case of a deeper correction. ETH technical analysis chart shared by MakroVision. MakroVision predicts that if Ethereum breaks the $2,880 resistance, a new upward wave towards $3,275 could begin. On the other hand, it is argued that pullbacks to $2,400 could be considered a constructive correction. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/what-does-the-future-hold-for-ethereum-analysis-firm-reveals-the-level-that-must-be-protected-and-the-target-in-a-rally/

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Filed under: News - @ May 31, 2025 8:24 am