ETHUSD develops new bullish impulse
Ethereum is surpassing Bitcoin due to the anticipated approval by the SEC for spot ETFs, the increased adoption by companies, and the positive stance of the SEC regarding liquid staking tokens, which has sparked institutional interest.
Recently the asset managed to hold above the 4,200.00 level. Right now, ethereum is developing a new bullish momentum heading towards 4,600.00 local resistance. MACD has crossed and is in the green zone currently on 4-hour timeframe.
Ethereum is surpassing Bitcoin due to the anticipated approval by the SEC for spot ETFs, the increased adoption by companies, and the positive stance of the SEC regarding liquid staking tokens, which has sparked institutional interest.
Recently the asset managed to hold above the 4,200.00 level. Right now, ethereum is developing a new bullish momentum heading towards 4,600.00 local resistance. MACD has crossed and is in the green zone currently on 4-hour timeframe.
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Join me, I'll guide you to PROFITABLE TRADING💵!
Telegram Channel: t.me/forextradersliveofficial
Telegram Channel: t.me/forextradersliveofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.