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Ethereum’s Potential Breakout Above $2,544 Faces Uncertainty with a Deadlock Looming Ahead
The cryptocurrency market has been abuzz with speculation surrounding Ethereum’s potential breakout above $2,544. However, this upward momentum may be threatened by an ominous technical signal that could potentially derail the rally: a death cross.
As Ethereum eyes a potential surge beyond the crucial psychological barrier of $2,544, investors are keenly monitoring price action to gauge whether a decisive breakout is possible. The Ethereum community has been fueled by recent developments, including the Dencun upgrade in March 2025, which has reportedly enhanced scalability and reduced transaction fees, subsequently attracting more users and boosting demand.
While Ethereum’s fundamentals appear robust, the cryptocurrency still faces significant technical resistance at the $2,544 mark. This hurdle must be overcome for the rally to continue, as a failure to break above could result in a devastating price correction.
Source: www.crypto-news-flash.com
