ETH Corporate Treasury Building Boosts Ether Price
Summary
BitMine Immersion Technologies, Bit Digital, and SharpLink Gaming have incorporated Ether into their treasury strategies, with SharpLink Gaming increasing its holdings to 188,000 Ether. Ether's price surged, breaking above moving averages, indicating strong buying interest. If Ether maintains above the 50-day simple moving average of $2,529, it could rise to the $2,738-$2,879 range, where sellers may resist. A breakout above $2,879 could lead to a rally towards $3,400, while a drop below $2,111 might see a decline to $1,800. The 20-exponential moving average and RSI suggest buyer advantage, with potential support at the 20-EMA.
