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Ethereum Holds Strong – Could Bigger Gains Be Ahead?

  • Ethereum has rebounded above $2,400, providing short-term relief to traders according to MakroVision's technical analysis.
  • Analysts suggest a potential recovery in the current price action, with a neutral market structure indicating no clear control by bulls or bears.
  • If Ethereum maintains momentum above $2,400, the next price target could range between $2,740 and $2,880.
  • However, failing to hold the $2,130 support could turn the outlook bearish, risking a drop towards the $1,730 zone.

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