The crypto analyst said Ether Lee is continuing to show the elasticity of the daily period as of July 7. After the integration period ETH maintains its main support Maintaining a lower structure, and if ETH defends the current range, the path toward higher goals will remain intact.
Ether Lee has a major support area
X believers in posts pointed ETH has regained its major Fibonacci support for $ 2,572, and is now being grinded at a higher resistance level. The immediate focus will focus on supporting $ 2,605, confirming short -term optimism and opening a door for $ 2,665. next Key resistance level.
Technically, the indicator began to prefer bulls, and the relative robbery index (RSI) was 55.73 and the moving average convergence branch (MACD) increased the upward momentum as it moved to positive territory. The support is also $ 2,503 and the resistance is $ 2,605, $ 2,665 and $ 2,759.
Believers point out that the bull wants to break the stubbornness. range More than $ 2,665. He also said that patience could soon be paid as a sign of price pressure on accumulation, indicators and resistance.
Another analyst, Crypto Bureau XLab analyze Ether Lee is Corp. on the four -hour chart to escape the triangular triangle pattern. The more than $ 2,720 confirmed brake out is a momentum building that can ignite a sharp rally towards $ 3,150, which is an optimistic continuous pattern.
But XLAB warns A Potential The rejection scenario that the ETH could not penetrate the $ 2,720 area could lose short -term strength momentum, and the ETH resumed deep support near $ 2,100-2,000, and was previously used as a powerful accumulation area.
The brake out can cause a rapid rise to $ 4,000.
Encryption JAIBRAH was also taken to X reveal The Ether Leeum is formed for brake out with an optimistic pattern that gives priority over explosive movements by developing huge cups and handles on the 3rd chart.
ETH is looking for support for the EMA ribbon, and the upward trend is maintained and structurally strong. The identified brake out with more than $ 2,850 activates the price target to $ 4,000. Ether Lee is also undergoing a significant bollinger band width squeeze. chartReliable signals that represent volatility will be expanded, and these compression periods often cause sharp direction movement.
that volume The Range Visible Profile (VRVP) shows a remarkable volume interval between $ 2,850 and $ 3,200. This means that there is little resistance in the area. If ETH breaks over $ 2,850 price Minimal friction can quickly accelerate to $ 3,200.
Chart of TradingView.com, the main image of the ISTOCK image
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