Ethereum's price has surged over 13% in the past month, and analyst Ali Martinez highlights a key support level at $1,850. If ETH holds this support, it could rally to $2,060, forming a rising channel on the 1-hour chart.
Currently trading near $1,882, Ethereum faces resistance at $1,900. A drop below the rising channel would invalidate this bullish target, making the $1,850 level crucial for the next move.
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