ETH/USD Analysis
January 26, 2025
Hello traders here’s my first ETH/USD idea, what you think on it? share your thoughts on it in comment section
In My Personal Analysis Of Ethereum (ETH) against the US Dollar in 1 Hour time frame key technical levels:
1. Resistance Level: A price zone around $3,450 where Ethereum faces selling pressure,
2. Support Level: A price zone near $3,250, Ethereum finds buying support.
3. Current Price: The price of ETH at $3,331.87.
4. Possible Scenarios:
Bullish Breakout: If ETH breaks above the resistance level, the potential target could reach the
upper region around $3,700.
Bearish Drop: If ETH breaks below the support level, it may fall further
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