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Macro Analysis of Ethereum: How Price Achieved 77% Growth

Macro Analysis of Ethereum: How Price Achieved 77% Growth

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by Giorgi Kostiuk

a month ago


A publication by MakroVision highlights recent price changes in Ethereum, reporting a 77% growth.

Recent Price Growth of Ethereum

The company MakroVision has published an updated analysis of Ethereum, noting the successful completion of its rise from $1,400. According to the report, Ethereum has attracted attention with a significant growth of 77%.

Key Support and Resistance Levels

Analysts emphasize that the previously predicted bullish scenario has materialized. Resistance zones between $2,405 and $2,465 are crucial, and if Ethereum surpasses this level, further price increases could be likely. Additionally, the $2,145 level is observed as a short-term support level.

Prospects for Further Growth

MakroVision notes that breaking through the current resistance zone is critical for the continuation of Ethereum's growth. Conversely, should the price fall below $2,145, a correction down to $1,944 may occur.

In summary, Ethereum shows a stable growth pattern, but its future dynamics depend on the behavior of prices around key support and resistance levels.

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