Ethereum Once again proven his resilience, rebounding strongly on a long -term upward support tendency which has constantly triggered major rallies in the past. This upward trend signals the trust of buyers whenever it is tested. The last rebound, which takes place with a visible force, suggests that Ethereum could prepare for another powerful movement higher.
Ethereum’s reliable trend line strikes again – the bulls regain control
According to Unichartz, in a recent job On X, Ethereum has once again given a powerful rebound of its long -term rise in support tendency, a level that has always served as a launch for the Major upwards moves in the previous cycles. This trend has proven to be more than a simple visual guide; It is a psychological and technical battlefield where the bullish feeling has resurfaced several times, helping to challenge the pressure down when it matters most.
Unichartz also stressed that this marks the third time that ETH has managed to bounce back from this trend, adding additional credibility to its reliable level of support. With this repeated validation, the trend line is now firmly established as the basis of the bullish structure of Ethereum.
In the front, if ETH manages to break decisively above $ 2,030 to $ 2,160 resistance zoneIt could open the door to a significant movement towards the level of $ 2,540. This scenario opens the way to renewed confidence in the long -term trajectory of Ethereum.
MacD and RSI indicators refer to a renewed bullish momentum
In the world of technical analysis, the indicators of divergence of Mobile average convergence (MacD) and relative force index (RSI) are among the most reliable tools for the signaling potential walk Movements. Currently, the two indicators suggest a possible resurgence of the bullish momentum, attracting attention to the action of prices.
The MacD for a day recently transferred to a positive territory, the MacD line crosses the signal line, often indicating the start of a strong momentum. When combined with an increase in volume, crossing becomes even more significant, demonstrating the potential of an extent rally.
On the other hand, the RSI at 1 day has gradually climbed and is seated in the neutral zone to slightly raised, which means that the asset is not yet exaggerated. Reading greater than 50 generally suggests a positive dynamic, and as the RSI continues from upward trend, it strengthens the thesis that the market prepares for a burst.
Together, these two indicators align to support the concept of a renewed momentum. Traders should monitor confirmation, in particular with the action of prices which allowed itself to travel the key resistance levels, which would validate the signals provided by the MacD and the RSI.
PEXELS star image, tradingView.com graphic
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