Ethereum Price Surges 5% As ETH Bulls Finally Take Over, $2,550 Next?
Ethereum price is gaining pace above the $2,320 resistance zone. ETH is up over 5% and it seems like ETH is finally outperforming Bitcoin.
Bitcoin has been consolidating around $63,000 despite broader market declines.
But, the double-top pattern and struggle to get back above $70k raises concerns of a correction.
Critical support levels, such as the 21-week EMA at $55,200, should be monitored closely in case of a potential correction.
But, the double-top pattern and struggle to get back above $70k raises concerns of a correction.
Critical support levels, such as the 21-week EMA at $55,200, should be monitored closely in case of a potential correction.
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