Ethereum Rally Targets $3,000 as Bullish Momentum Accelerates 🚀
Ethereum (ETH) has broken through critical resistance levels, powered by strong bullish momentum and positive technical indicators. A key highlight is the 26-day EMA crossing above the 200-day EMA, a classic golden cross signaling a strong uptrend and supporting further price increases.
Ethereum recently surged beyond $2,500, reaching the $2,710 range. Despite minor corrections and profit-taking, the bulls have kept up pressure, establishing a consistent pattern of higher highs and higher lows. The price has reclaimed key moving averages, with the 50 and 100-day EMAs now comfortably below the current price level.
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