Ethereum Price Holds Firm as MemeToro AI Launchpad Gains Momentum
Ethereum's price has been holding steady around $2,465, just above the crucial Fibonacci support level of $2,438. This is a positive sign for bulls, but they still need to push through resistance before a stronger move can be confirmed.
The first key resistance area is around $2,550, and if Ethereum can break above this level with strength, it may open the path toward the $2,800-$2,920 target range.
However, if support fails instead, the bullish setup would become weaker, and traders may need to focus on the $2,400 support level as a possible downside target.
MemeToro's AI launchpad development is also gaining attention in the Ethereum community. The project has advanced its presale to Stage 7, with over $121,000 raised and a token price of $0.00430.