Ethereum: Technical Analysis and Price Prediction

Recently, ETH price experienced a dip but found support at the 120 SMA at around 1,815. As long as the price does not fall below 1,815, we may see a recovery in the price. The 120 moving average once again verified the validity of the support level. It is expected that the follow-up price may stay between 1,920 and 1,930 for a period of time, because there is greater pressure in this area. As long as the price does not fall below this level, there is a good chance that Ethereum will continue to rise.

According to technical analysis, if Ethereum can stay above 1,815 and break the resistance level of 1,930, the price is expected to continue to rise

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