Ethereum breaches critical support, but can it sustain the move
ambcrypto.comFor Ethereum it was observed earlier this week that the $4050 area was a level of importance, and $4121 could pose resistance as well. The price did indeed climb to meet resistance at the $4120 mark after a breakout past the descending trendline.
Bitcoin also looked like it had some steam left in it, and could push to the $53k-$54k area. It could be difficult for bulls to push higher on one try. For Ethereum, the move above $4000 was encouraging, and a retest of the same area should be bought up to indicate chances of further gains.
Source: ETH/USDT on TradingView
The price has advanced past the $4000 mark, an area of resistance from the September highs as well as subsequent retests. The price has also broken out of the downtrend (white) since
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