Analyst: ETH is turning $3,500 from resistance to support, and if successful, it is expected to see upward momentum
Satoshi Flipper, a cryptocurrency analyst, wrote on the X platform that once the price of Ethereum breaks through the psychological barrier of $3,500, more upward momentum will be expected. He pointed out that the price of ETH is now trying to turn $3,500 from resistance to support, breaking through as expected. Psychological figures such as $3,500 have attracted more attention from retail investors, but if ETH fails to break through this barrier, investor sentiment may be hit.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sources: Moonshot AI is seeking a new round of funding at a $4 billion valuation
Swedbank: Q1 US Treasury yields are expected to reach 3.9%
Bitget wins "Best Cryptocurrency Exchange" at the 11th Benzinga Fintech Awards
Vanguard: The Fed's rate cuts may be smaller than Wall Street expects