Thursday, June 5, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Ethereum Price Gears Up for $4,000: Higher Highs In Sight?

December 7, 2024
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on TwitterShare on E Mail


Este artículo también está disponible en español.

Ethereum worth is rising from the $3,650 zone. ETH is gaining tempo and may quickly intention for a transfer above the $3,950 resistance zone.

Ethereum remained in a constructive zone and stayed above the $3,680 zone.
The value is buying and selling above $3,770 and the 100-hourly Easy Shifting Common.
There was a break above a short-term bearish pattern line with resistance at $3,870 on the hourly chart of ETH/USD (knowledge feed through Kraken).
The pair might proceed to rise if it clears the $3,890 resistance zone.

Ethereum Value Eyes Extra Upsides

Ethereum worth remained well-bid above the $3,670 help zone. ETH fashioned a base and not too long ago began a contemporary improve above $3,720 beating Bitcoin. The bulls had been in a position to push the worth above the $3,780 resistance.

There was a transparent transfer above the 50% Fib retracement degree of the downward transfer from the $3,956 swing excessive to the $3,680 low. Apart from, there was a break above a short-term bearish pattern line with resistance at $3,870 on the hourly chart of ETH/USD.

Ethereum worth is now buying and selling above $3,780 and the 100-hourly Easy Shifting Common. On the upside, the worth appears to be dealing with hurdles close to the $3,890 degree. It’s close to the 76.4% Fib retracement degree of the downward transfer from the $3,956 swing excessive to the $3,680 low.

Supply: ETHUSD on TradingView.com

The primary main resistance is close to the $3,950 degree. The principle resistance is now forming close to $3,980. A transparent transfer above the $3,980 resistance may ship the worth towards the $4,000 resistance. An upside break above the $4,000 resistance may name for extra good points within the coming periods. Within the acknowledged case, Ether might rise towards the $4,050 resistance zone and even $4,120.

One other Pullback In ETH?

If Ethereum fails to clear the $3,890 resistance, it might begin one other decline. Preliminary help on the draw back is close to the $3,820 degree. The primary main help sits close to the $3,775 zone.

A transparent transfer under the $3,775 help may push the worth towards the $3,720 help. Any extra losses may ship the worth towards the $3,650 help degree within the close to time period. The following key help sits at $3,620.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum within the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Main Help Degree – $3,775

Main Resistance Degree – $3,890



Source link

Tags: EthereumGearsHigherhighsPriceSight
Previous Post

One Reason You Need To Keep Cash In The Cryptocurrency Market — Cash Is King | by Tom Handy | The Capital | Dec, 2024

Next Post

XRP Price Steadies Above Support: Preparing for the Next Move?

Related Posts

Price Slips Further, Investors on Edge
Analysis

Price Slips Further, Investors on Edge

June 5, 2025
XRP Price Dips to Support: Is a Bullish Rebound on the Horizon?
Analysis

XRP Price Dips to Support: Is a Bullish Rebound on the Horizon?

June 5, 2025
SPX6900 price surges as Bitcoin Pepe momentum accelerates
Analysis

SPX6900 price surges as Bitcoin Pepe momentum accelerates

June 4, 2025
Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?
Analysis

Dogecoin (DOGE) Consolidates Losses — Can Meme Coin Mania Make a Comeback?

June 4, 2025
Will $670 Crack Under Pressure?
Analysis

Will $670 Crack Under Pressure?

June 3, 2025
what’s fueling the June crypto rally?
Analysis

what’s fueling the June crypto rally?

June 3, 2025
Next Post
XRP Price Steadies Above Support: Preparing for the Next Move?

XRP Price Steadies Above Support: Preparing for the Next Move?

BNB Price Eyes Another Leap: Is a Fresh Surge Incoming?

BNB Price Eyes Another Leap: Is a Fresh Surge Incoming?

FBI Cracks $8.3M Crypto Fraud: Launderer Sentenced to Prison and $2.3M Repayment

FBI Cracks $8.3M Crypto Fraud: Launderer Sentenced to Prison and $2.3M Repayment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In