Ethereum: Recovery Prospects

🔶Ethereum, the second-largest cryptocurrency by market capitalization, has recently faced price fluctuations and market challenges. However, its recovery potential remains strong due to whale activity and ongoing technological advancements.

🔶ETH has shown resilience amidst market volatility, climbing above the $2,550 resistance zone. Currently trading around $2,680, it is poised for potential growth above the $2,720 resistance level. A bullish trend line on the hourly chart suggests that Ethereum could break through the $2,865 resistance, paving the way for a rally toward the $3,000 mark.