Med
The article suggests a potential upward trend for ethereum, supported by technical indicators and price action breaking through resistance levels. however, it also outlines significant resistance points that could halt further gains, indicating a balanced but potentially positive short-term outlook.
High
Bullish
The price of ethereum has shown a recovery trend, breaking above key resistance levels and trading above the 100-hourly sma. technical indicators like macd and rsi are also in the bullish zone, suggesting upward momentum. however, the price faces immediate resistance around $2,180 and $2,200, which could lead to a decline if not overcome.