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ETHEREUM (ETH) will increase by 11 % if this main operator is hit

After unifying it for a week, Ethereum (ETH), the second largest encrypted currency in the world, is preparing for the huge upsurge. On March 18, 2025, the total cryptocurrency market began to watch the price height again. Amid this, ETH reached the upper limits to unify it while it is about to collapse.

Technical analysis of Ethereum (ETH) and the next level

According to expert technical analysis, ETH was combined in a narrow range between $ 1840 and $ 1955 last week. However, today, with high prices through the encryption market, the original has reached the upper limits of this range and is now a few points outside the range of penetration.

Based on modern prices of prices and historical momentum, if ETH is violated and a daily candle is closed than the level of 1960 dollars, there is a strong possibility that can rise by 11 % to reach 2200 dollars in the coming days.

Source: Trading Offer

Amid the recent low prices, ETH decreased dramatically and traded without the SIA moving average (EMA) on the daily time frame, indicating that the original is in a declining direction.

The biological measures on the chain

Although ETH is in a declining direction, merchants inside the day seem bullish because they are betting heavily on the long side, according to the Series Analysis Company Coinglass.

$ 480 million of long positions

The data reveals that traders are currently being overlooked at $ 1,880 on the underside, where they built long jobs worth $ 480 million. Meanwhile, 1970 dollars is considered an excessive level, with traders built short positions worth $ 140 million, which clearly indicates bullish expectations among merchants.

Source: Coinglass

At a value of $ 50 million of the external flow

In addition to the upcoming expectations of merchants, it seems that investors and their long -term holders are optimistic in the long run, as they seem to accumulate assets and benefit from the recent low prices, according to the analysis company on the series.

The immediate flow/external flow data reveals that exchanges have witnessed approximately $ 50 million in ETH external flows within the past 48 hours, indicating potential accumulation and providing an ideal example of the opportunity to “buy”.

Source: Coinglass

Current price momentum

ETH is currently trading near $ 1950 and a 5 % pastoral impetus recorded over the past 24 hours. However, during the same time frame, due to his upscale view, it witnessed a great participation of merchants and investors, which led to a 30 % jump in the trading volume.

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