Crypto Weekend Wobbles: Ethereum's Battleground! Dive into the turbulent waters of the crypto market this weekend, where bearish sentiment casts a shadow over most digital assets. The spotlight falls squarely on Ethereum (ETH), currently navigating a challenging period. After a 1.66% dip in the last 24 hours, ETH showed a false breakout from its local resistance at $3,599, signaling potential further declines towards the $3,500 support level. On a broader scale, the market remains indecisive, with Ethereum likely to continue sideways trading within the $3,500 to $3,600 range in the short term. However, a potential breakout above the midterm resistance of $3,675 could ignite significant upward momentum, potentially pushing ETH towards the crucial $4,000 zone. As of press time, Ethereum hovers around $3,560, reflecting the ongoing struggle between bulls and bears. While the weekend presents a mixed bag of short-term bearishness and midterm bullish hope, investors are reminded to conduct thorough research and consult financial experts before making any investment decisions in this volatile landscape.
Summary: Ethereum (ETH) Price Analysis for July 19
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Based on article from U.Today