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Ethereum Reclaims $2,200-$4,000 Range, Bulls Set Sights on $3,000 Target

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Ethereum's Recovery Above $2,200 Sparks Bullish Sentiment
  • ETH reclaims $2,200-$4,000 range with $96.77B volume, signaling bullish momentum.
  • ETH RSI hits 70.13, suggesting strong buying interest despite overbought signals.
  • The price $2,200 acts as strong support, boosting confidence in ETH’s continued price rally.

Ethereum (ETH) has found a critical price level and reclaimed the $2,200-$4,000 macro range. This rise has created excitement among investors, and analysts are projecting upward movements. Recent analysis by crypto analyst Rekt Capital indicates that Ethereum’s recovery above the $2,200 mark may trigger a rally within the newly reclaimed range.

Ethereum Reclaims $2,200-$4,000 Range

Ethereum’s price has shown remarkable strength, bouncing back from a dip below $2,200 to secure the critical range. According to Rekt Capital, this price recovery indicates that Ethereum is likely to experience continued upward momentum, especially as it settles within the $2,200-$4,000 macro zone.

The post Ethereum Reclaims $2,200-$4,000 Range, Bulls Set Sights on $3,000 Target appeared first on Coin Edition.

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