Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision
![Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision](https://cryptoinvestment.at/wp-content/uploads/2024/08/ethereum-technical-analysis-eth-faces-critical-resistance-at-2800-amid-market-indecision.jpg)
On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance levels tightly defining ethereum’s near-term trajectory. Ethereum Ethereum’s daily chart shows a strong downtrend […]