VIP MARKET UPDATE: $ETH

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Eth is trading below a descending trendline. Price currently bounced from the key support/resistance zone, making this a critical decision area.

If ETH holds above this level and breaks above the descending trendline, a short-term recovery toward the $3400–$3500 zone could follow.

However, failure to reclaim the trendline and a breakdown below support may open the door for further downside toward the $2700 range.

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ETH
ETH
2,944.65
+0.66%
BTC
BTC
87,094.47
+1.64%
SOL
SOL
128.14
+1.68%