Stay updated on the ongoing surge in Ethereum and Dogecoin prices with potential new directions. Explore critical resistance and support levels for profitable trading strategies.
Following a significant increase in the price of Ethereum (ETH) in the past two days, the market is now cautious. Ethereum managed to break the $1750 resistance and rise to $1834 but has now entered a consolidation phase. Ethereum is currently trading above $1700 and the 100-hour simple moving average. A bullish trend line has formed on the hourly chart, supporting further ETH price growth around $1720. The main resistance levels for Ethereum are now at $1820, $1840, and $1880, with a potential path to $1950 and even $2000 upon surpassing them.
