FX.co ★ #Ethereum chart analysis

The price of #Ethereum continues to steadily move north. The growth is rather modest, but dips down are being actively bought up. We are already not that far from the descending resistance line passing around the 1850 level. From this trendline we may get a strong selling impulse within the overall downtrend. But if the bulls manage to break above it, this will be the first sign of the start of a large-scale corrective rally with initial targets around 2000. For now, the priority for selling remains, but as long-term investment targets, buying from current levels looks reasonable from my point of view. I believe that in 2027 we will once again head toward the highs.