<ul><li>Ethereum has bounced off a long-term ascending support trendline, signaling renewed confidence from buyers and hinting at the start of a new bullish run.</li><li>The trendline has proven to be a reliable support level, with Ethereum rebounding successfully for the third time, paving the way for a move towards higher levels.</li><li>Technical indicators like MACD and RSI are indicating a potential resurgence of bullish momentum, with MACD entering positive territory and RSI showing positive tendencies.</li><li>Traders are advised to watch for confirmation through price action breaking key resistance levels to validate the signals provided by the MACD and RSI indicators.</li></ul>

Why Ethereum’s Latest Bounce Could Signal The Start Of A New Bull Run

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