Ethereum (eth) obtains support from data that show that the US economy hung hard despite tariffs


Ether

He quoted around $ 2,584.90 on July 3, registering a 0.55% gain in the last 24 hours, since risk assets responded positively to solid US market data. UU., According to the technical analysis model of Coindesk Research. The largest cryptographic market, as evaluated by the Coindesk 20 index (CD20)08% rose during the same period.

According to a report published by CNBC, the latest non -agricultural payroll report showed that 147,000 jobs were added in June, exceeding 110,000 expectations and surpassing the 144,000 revised upwards as of May. Meanwhile, the unemployment rate fell to 4.1%, challenging forecasts for an increase to 4.3%, according to the Office of Labor Statistics.

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The strong data sent us to the US shares to new growth of all time, with the S&P 500 closing at 6,279.35 and the Nasdaq compound that ends with 20,601.10, both more than 0.8% in the day. The Dow Jones industrial average also won 344 points to settle at 44,828.53.

However, the strength of the labor market complicated the perspective of monetary policy. Now it seems very unlikely that the FED reduces the fees at its next meeting and that the merchants are no longer sure that there will be feat cuts in the second half of this year.

Despite this, Ether remained resistant, with the merchants encouraged by the feeling of broader risk that the cryptography raised together with the actions.

TECHNICAL ANALYSIS

  • ETH quoted within a range of $ 71.20 between $ 2,558,89 and $ 2,629.88 on the window from July 2 from July 2 to July 3, 17:00.
  • A break during the 13:00 Hour UTC on July 3 exceeded the price at $ 2,625.10, the high session, in volume of 464,365 ETH.
  • A setback continued during the 3:00 p.m. with ETH playing $ 2,569.18 before finding a solid support.
  • The 17:16 candle UTC saw an acute volume tip (5.308 eth)Survey price at $ 2,580.75 before the brief consolidation.
  • In the last hour from 4:59 p.m. to 5:58 PM UTC, ETH won $ 4.93 (0.19%)closing about $ 2,584 with a higher minimum bullish structure.
  • The resistance remains about $ 2,630, with an impulse that favors a possible test if the macro conditions remain support.

Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.



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