ETH Price Support at $2.4K Signals Potential Surge

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Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the coming weeks as it trades above $2,400.

Ether could see further upside in the coming weeks if it manages to hold above the crucial $2,400 level, according to a crypto analyst.

“So far, so good for ETH,” MN Trading Capital founder Michaël van de Poppe said in an X post on Thursday. 

ETH may see reversal that market has waited for 
“Holding above this crucial range low, we’re likely going to be testing the other side of the range in the upcoming weeks,” van de Poppe added.

Ether is trading at $2,452 at the time of publication, down 7.45% over the past 30 days, according to CoinMarketCap data.

ETH hit $2,871 around two weeks ago, on June 11, before entering a downtrend a day later after Israel launched airstrikes on Iran that tanked financial and crypto markets.

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