Markets· ★★★· neutral·

Ethereum at $2,480: $2,550 Breakout to Decide If Altcoin Rebound Is Real

  • —ETH trades near $2,480, below the $2,550 resistance
  • —NEAR, ZEC and DOGE closed higher but remain under resistance
  • —A break above $2,550 would confirm the altcoin rebound
Why it matters: The $2,550 level is the trigger for ETH: a breakout would confirm a reversal, otherwise the bounce stays corrective.
Source: Coinotag