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Ethereum’s price has recently surpassed $3510, indicating a strong upward movement. This trend suggests that the cryptocurrency is overcoming challenges and may continue on its bullish path.
The current situation shows a potential breakthrough at the $3680 level, which could lead to further increases. If this breakthrough occurs, the following targets for Ethereum may include:
- $3760
- $3900
However, if the price fails to exceed the $3680 resistance, a bearish reversal could happen. This may result in tests of the following support levels:
- $3510
- $3425.50
Today’s anticipated trading range is between a support level of $3550 and a resistance level of $3790, reflecting a cautious yet positive outlook for Ethereum in the short term.
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