Ethereum (ETH) reaffirms the $3,000 mark, Solana (SOL) fails unexpectedly, Doji Coin (DOGE) reaches Nemesis resistance.

• Ethereum’s recent price movements suggest that the $3,000 mark is within reach. This level is not only a psychological barrier, but also a milestone that reflects investors’ growing confidence in the long-term value of the asset.

The latest price chart shows that Ethereum is on an amazing upward trajectory. The digital asset is consistently above its 50- and 200-day exponential moving averages, which are often considered bullish indicators when price is above these moving averages. In particular, the 50-day moving average has provided strong support during the recent rally and is currently near the $2,500 mark.

Ethereum’s rise to the US$2,800 level has been accompanied by increased volume, indicating a strong interest in maintaining higher price levels; resistance is expected as ETH approaches the key US$3,000 milestone. This is due to expected profit taking by traders who see this round figure as an opportunity for profit taking. However, the strength of the current trend suggests that any pullback could be short-lived.

If Ethereum faces selling pressure at the $3,000 level, the $2,800 level could be the first line of defense against a significant pullback. In the event of a further decline, the $2,500 zone, which coincides with the 50-day EMA, could act as a more important support level.

On the other hand, if ethereum breaks the $3,000 resistance level, bullish moves targeting uncharted territory could continue. Such a move could confirm the bullish stance in Ethereum and trigger a new wave of speculative interest in the asset.

Solana is facing an unexpected price stop. The asset, which was a prime candidate for the bull camp during this bull rally, has struggled to overcome the $120 resistance level.

A detailed analysis of the price action shows that the SOL move has been limited and $120 is the ceiling for upside. This level is both technical and psychological resistance, and every time the price approaches it, there is selling pressure that pushes the price down.

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