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Ethereum bulls aim to flip $2.8K to support before calling a trend reversal -Breaking

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© Reuters

The predictions of a prolonged bear market could have been wrong as the U.S. Federal Reserve signaled that prices were in recovery mode. Prices appeared to be back on track Jan. 26, despite dire warnings. Interest rates will not change from 0% to 2%For the moment.

Prices on the crypto market rose after the Fed’s announcement.BTCBTC is up by 4.11%, making strong efforts to push for $39,000 It created a tsunami of momentum which helped lift most tokens on the market. At the time of writing, however, BTC has returned to its $37,000 mark.

ETH/USDT 1-day chart. TradingView
ETH/USDT 1-hour chart. Source: Twitter
4-hour chart. Source: Twitter
ETH/USD 2-day chart. Source: Twitter