menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

ETH Surges...
source image

Cryptopotato

17h

read

312

img
dot

Image Credit: Cryptopotato

ETH Surges to $3,000 — Is There More Upside Ahead? (Ethereum Price Analysis)

  • Ethereum has surged above $3,000 after breaking critical resistance, drawing interest from traders and investors.
  • Technical analysis indicates that ETH needs to maintain momentum by holding above $2,800 and potentially retesting it as support.
  • The market sentiment, reflected in Ethereum's open interest reaching $22.6B, suggests growing leveraged positions and potential for volatility.
  • While the surge in open interest shows increased market participation, it also raises the risk of corrections and liquidations, indicating a possible turning point for Ethereum.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app