Ethereum’s Next Move Could Be Determined by These Critical Price Levels
08.02.2025 12:00 1 min. read Alexander Zdravkov SHARE: 0 SHARES MakroVision, a cryptocurrency analysis firm, has highlighted critical price levels for Ethereum (ETH) that could determine its next direction. The firm’s latest report explains that Ethereum faced a strong rejection at the red trendline during a corrective phase, which caused a significant drop below $2,880. However, the cryptocurrency quickly recovered, similar to the broader market, suggesting the possibility of bullish momentum. The analysis suggests that Ethereum must regain the $2,810 to $2,880 range to maintain its upward trajectory. If ETH holds above this level, it could pave the way for further gains. The $3,273 price point is also noted as a key resistance level. A breakthrough above this mark would signal a strong bullish shift, potentially leading to more upward movement. MakroVision concludes that while Ethereum is still in a recovery phase, its future price performance will depend on successfully clearing these resistance levels. A move above $2,880 in the short term would be crucial to sustaining momentum, while surpassing $3,273 could confirm a more pronounced bullish trend. SHARE: 0 SHARES QR for the Bitcoin/Ethereum Address: QR for the Bitcoin/Ethereum Address: