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The post <a href="https://cryptosnewss.com/eth-price-surge-ethereum-bulls-look-to-break-2850-resistance/" rel="noopener noreferrer nofollow">ETH Price Surge: Ethereum Bulls Look to Break $2,850 Resistance</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.Ethereum&#39;s price is showing bullish momentum as it stays above critical support levels. Investors and traders are watching closely as the cryptocurrency could see a surge toward $2,850.<a href="https://cryptosnewss.com/ethereum-2-0-is-here-vitalik-unveils-how-eth-will-become-faster-more-decentralized/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> has recently seen positive price action, holding firm above the $2,650 support level, a key indicator of sustained bullish momentum. After bouncing off this support, the price of ETH is now looking to challenge resistance at $2,750.If bulls can push the price above this resistance level, the next target could be $2,850, followed by $2,880. Technical indicators, including the RSI and MACD, reflect growing bullish momentum, with higher lows being established on the price chart.However, the market is not without risks. If Ethereum fails to break the $2,750 resistance level, it could experience a pullback toward the $2,650 support zone, and a failure to maintain that support could lead to a deeper correction.In the broader market, Ethereum&#39;s performance is being influenced by Bitcoin’s price action, as well as overall sentiment in the crypto market.Currently, Ethereum’s price is benefiting from renewed optimism in the broader cryptocurrency market. On-chain data shows a reduction in selling pressure, which could provide further support to the bulls.Moreover, institutional interest in Ethereum remains strong, with growing adoption of decentralized finance (DeFi) platforms and non-fungible tokens (NFTs) continuing to bolster demand for ETH.Ethereum is at a crucial juncture, and the coming days will be key in determining whether it can push beyond the $2,750 resistance and target $2,850.Investors should keep an eye on both technical indicators and broader market conditions to gauge the likelihood of this breakout. A successful surge could signal further upside, but caution remains essential in case of potential retracements.The post<a href="https://cryptosnewss.com/eth-price-surge-ethereum-bulls-look-to-break-2850-resistance/" rel="noopener noreferrer nofollow"> ETH Price Surge: Ethereum Bulls Look to Break $2,850 Resistance</a> appeared first on <a href="https://cryptosnewss.com" rel="noopener noreferrer nofollow">Cryptos Newss</a>.

ETH Price Surge: Ethereum Bulls Look to Break $2,850 Resistance

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