Ether (ETH)
increased by 1.28% in the last 24 hours to reach $ 2,538.25. This occurs while new Coinshares data show that ETH attracted $ 295 million at weekly entries, most of all digital assets last week. The overvoltage brings the flows of months to $ 296 million and raises the total assets of Ethereum under management at $ 14.09 billion.
Technically, ETH rebounded the previous weakness to retest the level of resistance of $ 2,540 after consolidating nearly $ 2,500, according to the Technical Analysis model of Coindesk Research.
The recovery reflects renewed confidence among institutional investors, who have now supported 15 days of consecutive negotiations of net ETF Spot entries according to Sosovalue. Combined with a constant challenge and growth in growth, the ETH seems to benefit if it can firmly erase $ 2,540.
Strengths of technical analysis
- ETH exchanged in a 24 -hour range of $ 57.91 (2.31%), between $ 2,482.99 and $ 2,540.10
- Key resistance maintained at $ 2,540 while support formed about $ 2,483 at $ 2,485
- An escape at 08:02 saw ETH increase by 1.33% out of 8,337 volume units
- The negotiation volume culminated at 253,612 ETH during a clear reversal
- The price structure reflects a potential optimistic flag with a golden crossing between the mobile averages of 50 and 200 days
- Consolidation greater than $ 2,520 suggests that buyers remain in short -term control
Warning: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee accuracy and membership of our standards. For more information, see the complete Coindesk AI policy.
