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Ethereum

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Ethereum's new target is potentially $2,000, driven by a triangle breakout rally. The current price is around $1,623, with a 1.60% intraday recovery. Technical indicators suggest a bullish trend, with the Supertrend indicator signaling an uptrend and the 4-hour RSI reflecting strong bullish momentum.

ETHUSD
Price Action & Support/Resistance:
-Support Zone: $1,550–$1,580. This area has historically acted as strong support (seen in June/July 2022 and Nov 2022). Recent price action shows buying interest here, with a potential double bottom forming.
-Resistance Zone: $1,635–$1,647. A break above this could signal bullish momentum toward $1,900.

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ETHUSD might pull back slightly before making its next move toward the target.