Ethereum's recent price fluctuation suggests that a positive surge may be imminent. The resistance level of $3,200 from April 26 is likely to be faced by ETH now that it has broken through the $3,024 critical level on Friday.<\/p>\n\n\n\n
If ETH can close a liquidity gap on April 30 and make a strong move above the $3.2K level, it might strengthen the current uptrend move targeting the $3.5K - $3.6K zone. Although there might not be a short-term bearish shift in ETH, this theory could be refuted by a significant macro event.<\/p>\n\n\n\n
If long liquidations continue to lag shorts within this week, ETH may see significant gains over the course of the upcoming weekend. The course of this investigation will probably be significantly influenced by the movement of the price of bitcoin.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Is Approaching $64K Despite Market Volatility and a 5.75% Dip, ETH Marks $3.2K As A Critical Level For Deciding The Upcoming Market Bias","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-is-approaching-64k-despite-market-volatility-and-a-5-75-dip-eth-marks-3-2k-as-a-critical-level-for-deciding-the-upcoming-market-bias","to_ping":"","pinged":"","post_modified":"2024-05-06 00:16:06","post_modified_gmt":"2024-05-05 14:16:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16771","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};