Ethereum Consolidates Above $3,100 Support Level, Technical Indicators Show Bullish Momentum

Ethereum has hit $3,441 but experienced a correction. It’s currently consolidating above $3,100 support level and technical indicators suggest continued bullish momentum. Ethereum’s price remains above moving averages, with re

sistance levels around $3,400, and support at $3,100 and $2,800. As a second-largest cryptocurrency by market capitalization, Ethereum’s price action appears to be stabilizing, indicating potential for further upward movement.

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