Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst

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Related Reading: Ethereum Blobs Are Insanely Bullish” For ETH Price: Breakthrough Research Ethereum Buy Signal Subject To Vital Price Support In an X post on November 1, Martinez stated that TD Sequential has indicated a buy signal on the ETH 4-hour chart.

However, Ethereum is expected to rebound to around $2,700 if the specified support zone holds.  Interestingly, fellow market analyst Michaël van de Poppe has provided some valuable insights into Ethereum’s price if this successful price recovery occurs.

Related Reading: Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH ETH Price Overview At the time of writing, Ethereum continues to trade at $2,514 following a minor decline in the past day based on data from CoinMarketCap.

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Article Details

Author / Journalist: Semilore Faleti

Category: Crypto

Markets: United Kingdom

Topics: Ethereum Ethereum Ethusd ETHUSDT Ethereum support level Ethereum Bullish Signal Ali Martinez Michael van de Poppe

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 12:00:20 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 67 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 23370679

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