According to the ETH/USDT trading pair, the
technical indicators
show Ethereum is in a strong position on the daily chart. Currently, the altcoin is trading above a critical resistance level, sitting above both the 50-day and 200-day moving averages (MA). If ETH holds this level around $2,955, it could signal the start of a sustained uptrend, possibly targeting $3,155—an initial Fibonacci level that could lead ETH even higher to $3,480.
Ethereum ETH Surpasses 3000 Following Extended Struggle
