O glorious Ethereum, thou hast risen from the despair of two thousand one hundred and twenty ducats! Now, lo and behold—ETH dances upwards, a dazzling 8% ascent, though looms resistance at yonder $2,460 cloud. Stay tuned, my dear speculators, for the stage is set!
- Imagine—Ethereum, with the bravado of a foppish marquis, pirouettes above $2,200, scandalizing the naysayers!
- The price prances higher than M. Jourdain at court, atop $2,250 and the ever-elusive 100-hourly Simple Moving Average.
- Witness a most theatrical break above a bearish trend line—resistance vanquished at $2,240! (As per the oracle of Kraken.)
- Dare we hope? If this diva settles above $2,460, a fresh encore may soon grace our wallets.
Ethereum Flirts Shamelessly with Resistance
Behold! As the plebes cheered at the $2,120 support stage, Ethereum sashayed forth—as if in rivalry with the most fashionable Bitcoin, clearing both the $2,200 and $2,250 velvet ropes. The positive zone—tres chic!
And yet, amidst much hand-wringing, a trend most bearish was thoroughly upended at $2,240. The bulls, gnashing their teeth and twirling their moustaches, lifted the price above the 61.8% Fib retracement—so precise that Monsieur Fibonacci might tip his hat!
Now, Ethereum pirouettes above $2,300, with the 100-hourly Simple Moving Average bowing at its feet. Further upstage, resistance awaits at $2,440, eyeing ETH with suspicion. The true hurdle? $2,460—just below the resplendent 76.4% Fib retracement. Dramatique, n’est-ce pas?
Should Ethereum break through $2,500—the first of the noble resistances—a procession toward $2,550 may follow, with every candle on the chart applauding. Break that, and perhaps Ethereum will ascend to the lofty seats of $2,620 or even $2,650, where only the most refined ducats may tread.
Will ETH Take a Comedic Tumble? 🤹
Alas! Should our hero falter at $2,460, a pratfall may ensue. The initial cushion below? $2,340—modest, yet accommodating. Beware, for $2,320 is the next port de bras; any blunder could see ETH spiral back to $2,250—or worse, tumble ignominiously toward $2,150, where the critics are harsh and the lighting most unflattering. The final hope? $2,120, waiting in the wings for the tragic last act.
Technical Oracles:
Hourly MACD – Alas, our momentum scribe proclaims the bullish energy wanes. Is the drama not enough?
Hourly RSI – Still above 50! A toast to optimism, but with a nervous glance at the exits.
Major Support Level: $2,320—where ETH might catch its breath and curse the critics.
Major Resistance Level: $2,460—may the bulls arrive bearing bouquets!
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2025-06-24 07:31