Ethereum (ETH) Price: Is the $1,825 Support Level the Springboard for a $2,500 Rally? 📈
Ethereum's price has begun a recovery wave from $1,750, but it encounters resistance at $1,920 and continues to trade below $2,000, with the 100-hourly Simple Moving Average presenting a challenge.
The US House has passed a bill to repeal the IRS crypto tax rule, a potential boon for Ethereum-based DeFi projects.
A significant support cluster has formed at $1,825, with bulls deploying $753 million, which could act as a springboard for a rally to $2,500.
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