Ethereum is at a critical juncture, with market analysts emphasizing the importance of maintaining a price above $2750 to sustain upward momentum. According to insights from financial expert @ali_charts, breaching this threshold could trigger a corrective phase, potentially driving prices down to support levels near $2500 or even $2380. This resistance zone is pivotal for traders monitoring ETHβs price action, as failure to hold above it may signal a short-term bearish trend. Investors and market participants should closely watch these key levels to make informed decisions in the volatile crypto landscape.
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Source: https://en.coinotag.com/breakingnews/ethereum-price-alert-must-hold-above-2750-to-sustain-bullish-momentum-warns-analyst/