Ethereum (ETH) Market Analysis: Key Levels & Outlook đ
Ethereum continues to dominate with its transition to Ethereum 2.0, improving scalability and energy efficiency. It remains the backbone of DeFi and NFTs, with increasing institutional adoption boosting its legitimacy.
đ Support: $1,500 â a key level to watch for potential rebounds.
đ Resistance: $1,800â$1,850 â breaking this could push ETH to $2,000+.
đ RSI & MACD: Signs of short-term correction, but overall bullish momentum remains strong.
Outlook: ETH is well-positioned for long-term growth with ongoing upgrades. Watch for market sentiment shifts and technical breakouts for the next big move! đ