Ethereum (ETH) is currently testing resistance around 2,508 USD. A breakout above 2,527 USD may trigger a rise to 2,649 USD and 2,720 USD. The symmetrical triangle pattern indicates consolidation and anticipation of a significant price movement.
The MACD indicator shows a potential shift toward bullish sentiment, suggesting increasing buyer strength. However, a drop below 2,420 USD would negate this bullish outlook, emphasizing the need for caution in market entries.
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