In the worst scenario, the price of Ethereum might pull back to the $2,600 support level, which was last seen on February 14th.<\/p>\n\n\n\n
However, if bulls continue to be active, Ethereum's price may continue to rise and surpass the range high of $2,867. In an extremely optimistic scenario, the ETH\/USD might reach the psychological level of $3,000, which was last tested on April 5.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Aims Further Gains After Exceeding The $50K Resistance, ETH Bulls Set $3K As The Potential Upside Target","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-aims-further-gains-after-exceeding-the-50k-resistance-eth-bulls-set-3k-as-the-potential-upside-target","to_ping":"","pinged":"","post_modified":"2024-02-19 02:28:17","post_modified_gmt":"2024-02-18 15:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15500","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"};
The price of Ethereum (ETH) is probably going to drop, providing overlooked investors with another chance to purchase and postponing the $3,000 mark for a while. The horizontal line's confluence with the channel's midline is around $2,689 \u2013 roughly 7% below the present levels.<\/p>\n\n\n\n
In the worst scenario, the price of Ethereum might pull back to the $2,600 support level, which was last seen on February 14th.<\/p>\n\n\n\n
However, if bulls continue to be active, Ethereum's price may continue to rise and surpass the range high of $2,867. In an extremely optimistic scenario, the ETH\/USD might reach the psychological level of $3,000, which was last tested on April 5.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Aims Further Gains After Exceeding The $50K Resistance, ETH Bulls Set $3K As The Potential Upside Target","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-aims-further-gains-after-exceeding-the-50k-resistance-eth-bulls-set-3k-as-the-potential-upside-target","to_ping":"","pinged":"","post_modified":"2024-02-19 02:28:17","post_modified_gmt":"2024-02-18 15:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15500","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"};