In an X post shared today, acclaimed cryptocurrency analyst Ali Martinez identified two key resistance levels that Ethereum (ETH) must reclaim to confirm a bullish trend reversal. Additionally, ETH is showing signs of bullish divergence on the daily chart, raising optimism among holders that a rally may be closer than expected.
Ethereum Must Overcome These Levels For Further Upside
Unlike rival cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and XRP, ETH’s recent price action has disappointed most of its holders. The second-largest cryptocurrency by market capitalization is down 49.2% over the past year, in stark contrast to BTC’s 18.5% gain over the same period.
Sharing the following daily chart, Martinez highlighted two critical resistance levels that ETH must surpass to reverse its price trajectory. The
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