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ETHEREUM Massive rejection on the 1W MA50. Will it break?
Ethereum (ETHUSD) has seen its strongest 1-month rise in recent times since the April 07 rebound and last week that stopped and got rejected exactly on the 1W MA50 (blue trend-line). This rebound is technically the new Bullish Leg of the multi-year Rising Wedge.
The 1W MA50 turned into a Resistance when it last broke on the week of January 27 2025, so almost 4 months ago. Once it breaks and closes a 1W candle above it, we can continue to expect the bullish trend to continue by at least as much as the rise below it (that happened in late 2024).
Technically for now, if it breaks, the upside is limited by the 4100 Resistance, so that will be our Target in that event.
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#ETH #Ethereum #ETHUSD #ETHUSDT #signals
The 1W MA50 turned into a Resistance when it last broke on the week of January 27 2025, so almost 4 months ago. Once it breaks and closes a 1W candle above it, we can continue to expect the bullish trend to continue by at least as much as the rise below it (that happened in late 2024).
Technically for now, if it breaks, the upside is limited by the 4100 Resistance, so that will be our Target in that event.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#ETH #Ethereum #ETHUSD #ETHUSDT #signals
ETHEREUM Massive rejection on the 1W MA50. Will it break?
Ethereum (ETHUSD) has seen its strongest 1-month rise in recent times since the April 07 rebound and last week that stopped and got rejected exactly on the 1W MA50 (blue trend-line). This rebound is technically the new Bullish Leg of the multi-year Rising Wedge.
The 1W MA50 turned into a Resistance when it last broke on the week of January 27 2025, so almost 4 months ago. Once it breaks and closes a 1W candle above it, we can continue to expect the bullish trend to continue by at least as much as the rise below it (that happened in late 2024).
Technically for now, if it breaks, the upside is limited by the 4100 Resistance, so that will be our Target in that event.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#ETH #Ethereum #ETHUSD #ETHUSDT #signals
Ethereum (ETHUSD) has seen its strongest 1-month rise in recent times since the April 07 rebound and last week that stopped and got rejected exactly on the 1W MA50 (blue trend-line). This rebound is technically the new Bullish Leg of the multi-year Rising Wedge.
The 1W MA50 turned into a Resistance when it last broke on the week of January 27 2025, so almost 4 months ago. Once it breaks and closes a 1W candle above it, we can continue to expect the bullish trend to continue by at least as much as the rise below it (that happened in late 2024).
Technically for now, if it breaks, the upside is limited by the 4100 Resistance, so that will be our Target in that event.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#ETH #Ethereum #ETHUSD #ETHUSDT #signals
$ETH ⭐ buy and trade here 👇
⭐#ETHUSD Long: Start of Wave 3 Up?? ⭐
the wave counts for Ethereum, I believe that we have seen the end of a wave 2 correction and the next wave should be a wave 3 up.
I presented the breakdown of the down move using both Elliott Waves and Fibonacci extension
As mentioned, the stop loss should be below wave C low or if you can stomach more risk, below the low of previous wave 4. The price target is >$3800.
Good luck 🤞 ☀️
⚙️ Risk: Use proper risk management
— 3x–5x leverage recommended🌞
#Futures_Signals #FutureReadyInvesting #BTC☀️ #solana $SOL $XRP
⭐#ETHUSD Long: Start of Wave 3 Up?? ⭐
the wave counts for Ethereum, I believe that we have seen the end of a wave 2 correction and the next wave should be a wave 3 up.
I presented the breakdown of the down move using both Elliott Waves and Fibonacci extension
As mentioned, the stop loss should be below wave C low or if you can stomach more risk, below the low of previous wave 4. The price target is >$3800.
Good luck 🤞 ☀️
⚙️ Risk: Use proper risk management
— 3x–5x leverage recommended🌞
#Futures_Signals #FutureReadyInvesting #BTC☀️ #solana $SOL $XRP
$ETH /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN IMMINENT — SUPPLY ZONE REJECTION SIGNALS DOWNSIDE MOVE!
Ethereum has been consistently rejected from the 2485–2490 resistance band, failing to reclaim the supply zone. Current price action shows multiple bearish rejections forming a strong short signal, with price aiming for a lower demand region near 2435.
Trade Setup:
Entry (Short): 2470–2485
Take-Profit (TP): 2435
Stop-Loss (SL): 2495
Market Outlook:
Momentum is weakening below resistance, and a drop is expected if bears sustain control below 2485. Breaking current support could accelerate the downward movement toward the next support level at 2430.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
#ETHUSD #Ethereum #CryptoTrading #BearishSetup #Altcoins
buy and trade here on $ETH
BEARISH BREAKDOWN IMMINENT — SUPPLY ZONE REJECTION SIGNALS DOWNSIDE MOVE!
Ethereum has been consistently rejected from the 2485–2490 resistance band, failing to reclaim the supply zone. Current price action shows multiple bearish rejections forming a strong short signal, with price aiming for a lower demand region near 2435.
Trade Setup:
Entry (Short): 2470–2485
Take-Profit (TP): 2435
Stop-Loss (SL): 2495
Market Outlook:
Momentum is weakening below resistance, and a drop is expected if bears sustain control below 2485. Breaking current support could accelerate the downward movement toward the next support level at 2430.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
#ETHUSD #Ethereum #CryptoTrading #BearishSetup #Altcoins
buy and trade here on $ETH
Ethereum (ETHUSD) Begins to Recover – Analysis (May 16, 2025) 🚀📈
Ethereum (ETH), the second-largest cryptocurrency by market cap, is showing strong signs of recovery as of May 16, 2025. After facing prolonged bearish pressure earlier this year, ETH is now making a bullish comeback — and investors are paying close attention! 👀
🔍 Technical Overview
As of today, ETH is trading around $2,579.76, showing stability after a recent breakout. It has successfully crossed key resistance levels such as $2,400 and briefly touched $2,710, a significant psychological barrier.
The 20-day EMA and Bollinger Bands midline are offering strong support around $2,560–$2,570.
ETH has broken out of a six-month descending trendline, suggesting the start of a new upward phase 📊.
Watch for resistance near $2,710, a level linked to previous bearish activity. A breakout above this could unlock more gains! 💥
⚙️ Fundamental Catalysts
Ethereum's revival isn’t just technical — it's powered by major fundamental upgrades:
The Pectra Upgrade (recently implemented) brought 11 improvements, focusing on faster transactions, reduced gas fees, and enhanced staking features. 🔧⚡
Staking caps have increased dramatically, allowing validators to stake up to 2,048 ETH (previously 32 ETH). This change is likely to attract institutional interest. 🏦
Ethereum still dominates the DeFi ecosystem, holding over $63 billion in total value locked (TVL) — a strong indicator of its enduring relevance in Web3. 🌐🔐
📉📈 What's Next?
Ethereum's future now hinges on a few key technical levels:
A clear break above $2,710 may open the door to further bullish movement.
However, if ETH dips below $2,500, short-term consolidation might follow.
Investors should keep an eye on global crypto sentiment and upcoming updates in the Ethereum roadmap. The ecosystem is evolving, and so is ETH's price trajectory! 🔮
---
Final Thoughts 💭
Ethereum is back in the spotlight with solid technicals and powerful fundamentals. Whether you're a day trader or a long-term HODLer, this may be the time to re-evaluate ETH’s position in your portfolio. But as always — DYOR (Do Your Own Research) and stay informed! 🧠 #Ethereum
#ETH#CryptoNews #ETHUSD #EthereumRecovery #CryptoMarket #Altcoins #Blockchain#DeFi $ETH
🔍 Technical Overview
As of today, ETH is trading around $2,579.76, showing stability after a recent breakout. It has successfully crossed key resistance levels such as $2,400 and briefly touched $2,710, a significant psychological barrier.
The 20-day EMA and Bollinger Bands midline are offering strong support around $2,560–$2,570.
ETH has broken out of a six-month descending trendline, suggesting the start of a new upward phase 📊.
Watch for resistance near $2,710, a level linked to previous bearish activity. A breakout above this could unlock more gains! 💥
⚙️ Fundamental Catalysts
Ethereum's revival isn’t just technical — it's powered by major fundamental upgrades:
The Pectra Upgrade (recently implemented) brought 11 improvements, focusing on faster transactions, reduced gas fees, and enhanced staking features. 🔧⚡
Staking caps have increased dramatically, allowing validators to stake up to 2,048 ETH (previously 32 ETH). This change is likely to attract institutional interest. 🏦
Ethereum still dominates the DeFi ecosystem, holding over $63 billion in total value locked (TVL) — a strong indicator of its enduring relevance in Web3. 🌐🔐
📉📈 What's Next?
Ethereum's future now hinges on a few key technical levels:
A clear break above $2,710 may open the door to further bullish movement.
However, if ETH dips below $2,500, short-term consolidation might follow.
Investors should keep an eye on global crypto sentiment and upcoming updates in the Ethereum roadmap. The ecosystem is evolving, and so is ETH's price trajectory! 🔮
---
Final Thoughts 💭
Ethereum is back in the spotlight with solid technicals and powerful fundamentals. Whether you're a day trader or a long-term HODLer, this may be the time to re-evaluate ETH’s position in your portfolio. But as always — DYOR (Do Your Own Research) and stay informed! 🧠 #Ethereum
#ETH#CryptoNews #ETHUSD #EthereumRecovery #CryptoMarket #Altcoins #Blockchain#DeFi $ETH
(ETH/USD) – High-Probability Long Setup from Major Demand zone
$ETH
> Ethereum is Showing Strength from a Key Support Zone – Ready for a Bullish Reversal?
ETH/USD has pulled back into a high-demand zone ($2440–$2450) which has previously acted as a strong base for bullish moves. Current market structure suggests a potential rebound, with a solid risk-reward profile.
Trade Setup:
Entry: $2560 (Current Market Price)
Stop Loss: $2441 (just below the support base)
Take Profit 1: $2698
Take Profit 2: $2933
Technical Insights:
Strong support zone marked with historical demand
Recent selling pressure is weakening, signaling potential reversal
Bullish volume clusters forming at key levels
Favorable risk/reward ratio of over 3:1
Strategy Note:
A clean break below $2440 invalidates this setup. If the support holds, a strong impulse wave toward $2700 and beyond is highly probable.
Trade Confidence: 75% based on confluence of price action, volume profile, and market structure.
Let’s hear your thoughts:
Are you riding this move or waiting for confirmation?
Like, comment & follow for more high-probability crypto setups!
Disclaimer: This is not financial advice. Please do your own research before trading.
#Ethereum #ETHUSD #CryptoTrading #TechnicalAnalysis #PriceAction
> Ethereum is Showing Strength from a Key Support Zone – Ready for a Bullish Reversal?
ETH/USD has pulled back into a high-demand zone ($2440–$2450) which has previously acted as a strong base for bullish moves. Current market structure suggests a potential rebound, with a solid risk-reward profile.
Trade Setup:
Entry: $2560 (Current Market Price)
Stop Loss: $2441 (just below the support base)
Take Profit 1: $2698
Take Profit 2: $2933
Technical Insights:
Strong support zone marked with historical demand
Recent selling pressure is weakening, signaling potential reversal
Bullish volume clusters forming at key levels
Favorable risk/reward ratio of over 3:1
Strategy Note:
A clean break below $2440 invalidates this setup. If the support holds, a strong impulse wave toward $2700 and beyond is highly probable.
Trade Confidence: 75% based on confluence of price action, volume profile, and market structure.
Let’s hear your thoughts:
Are you riding this move or waiting for confirmation?
Like, comment & follow for more high-probability crypto setups!
Disclaimer: This is not financial advice. Please do your own research before trading.
#Ethereum #ETHUSD #CryptoTrading #TechnicalAnalysis #PriceAction
📈LONG: $ETH (1D)
#ETHUSD | #ETH | #Ethereum
Current Price $2671.11
Market Cap $322.55B
Change 1h -0.02% | 24h +8.88%
Daily Indicators:
• RSI: 81 - Heavy Overbought 🟢
• MACD: 226 - Bullish 🟢
• EMA: 2056 - Trading Above 🟢
Analysis:
Ethereum is on a roll, having smashed through a key resistance level with gusto. The bullish vibes are strong, and a retest of $3,000 seems well within reach. Keep an eye out, as another breakout might just push ETH to fresh all-time highs!
Price Targets:
Immediate target stands at $2,800, with the potential to aim for $3,000 soon. If the bullish momentum keeps up, skies might clear for those all-time highs way beyond $3,000.
✅Buy and Trade here on $ETH
#ETHUSD | #ETH | #Ethereum
Current Price $2671.11
Market Cap $322.55B
Change 1h -0.02% | 24h +8.88%
Daily Indicators:
• RSI: 81 - Heavy Overbought 🟢
• MACD: 226 - Bullish 🟢
• EMA: 2056 - Trading Above 🟢
Analysis:
Ethereum is on a roll, having smashed through a key resistance level with gusto. The bullish vibes are strong, and a retest of $3,000 seems well within reach. Keep an eye out, as another breakout might just push ETH to fresh all-time highs!
Price Targets:
Immediate target stands at $2,800, with the potential to aim for $3,000 soon. If the bullish momentum keeps up, skies might clear for those all-time highs way beyond $3,000.
✅Buy and Trade here on $ETH
noob_in_cripto:
bro its hit my sl. what i do? 2590 was sl
$ETH /USDT Bull run alert 🔥 💯
BULLISH REVERSAL IN ACTION — BUY ZONE REACTIVATED!
Ethereum is showing signs of recovery after bouncing from a key demand zone near $2,424. A strong bullish engulfing candle has printed on the 30-minute chart, pushing the price back above the $2,450 range. If momentum continues, price could reclaim the $2,520–$2,540 resistance zone for a potential breakout.
Trade Setup (Long):
Entry Zone: $2,445 – $2,460
Take Profit: $2,520 / $2,540
Stop Loss: $2,423
Market Outlook:
Price has bounced from a major support level with increasing volume, indicating bullish strength. A higher low confirmation would further validate this reversal setup. Caution advised near $2,540 resistance — secure partials if tested.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
#ETHUSD #CryptoSignals #EthereumAnalysis #BullishReversal #TradingSetup
buy and trade here on $ETH
BULLISH REVERSAL IN ACTION — BUY ZONE REACTIVATED!
Ethereum is showing signs of recovery after bouncing from a key demand zone near $2,424. A strong bullish engulfing candle has printed on the 30-minute chart, pushing the price back above the $2,450 range. If momentum continues, price could reclaim the $2,520–$2,540 resistance zone for a potential breakout.
Trade Setup (Long):
Entry Zone: $2,445 – $2,460
Take Profit: $2,520 / $2,540
Stop Loss: $2,423
Market Outlook:
Price has bounced from a major support level with increasing volume, indicating bullish strength. A higher low confirmation would further validate this reversal setup. Caution advised near $2,540 resistance — secure partials if tested.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
#ETHUSD #CryptoSignals #EthereumAnalysis #BullishReversal #TradingSetup
buy and trade here on $ETH
#Ethereum #ETHUSD #USD #ETH Trend
The current market trend based on the visible price action is an uptrend, as seen by the higher highs and higher lows preceding the recent pullback. The price has bounced back after touching a support level between 2340 and 2360. The resistance level appears around 2420 where previous highs are noted.
Indicators
- **Stochastic RSI**: The Stochastic RSI shows a downward cross, which can indicate a short-term bearish signal.
- **MACD**: The MACD is above the signal line with green histograms, indicating bullish momentum, but there are signs of a potential weakening as the histogram is declining.
Candlestick and Price Patterns
Currently, a bullish engulfing pattern seems to be forming on the recent candles, which may signal a continuation of the uptrend. There is also a recent pullback from the resistance level, which could indicate a short-term consolidation.
Signals
While the MACD is showing bullish momentum, the declining histogram and downward Stochastic RSI cross suggest caution. Currently, there is conflicting information with short-term bearish signals from Stochastic RSI and potential bullish continuation indicated by price patterns.
+ 1,900 points
Bouncing Bull
The strategy involves capitalizing on the recent bounce back from the support level around 2360. The current candlestick pattern indicates potential bullish continuation, which can result in a successful upward movement if the price breaks through the nearby resistance.
Stop Loss
2,380.00
Take Profit
2,410.00
Buy
2,391.00
The current market trend based on the visible price action is an uptrend, as seen by the higher highs and higher lows preceding the recent pullback. The price has bounced back after touching a support level between 2340 and 2360. The resistance level appears around 2420 where previous highs are noted.
Indicators
- **Stochastic RSI**: The Stochastic RSI shows a downward cross, which can indicate a short-term bearish signal.
- **MACD**: The MACD is above the signal line with green histograms, indicating bullish momentum, but there are signs of a potential weakening as the histogram is declining.
Candlestick and Price Patterns
Currently, a bullish engulfing pattern seems to be forming on the recent candles, which may signal a continuation of the uptrend. There is also a recent pullback from the resistance level, which could indicate a short-term consolidation.
Signals
While the MACD is showing bullish momentum, the declining histogram and downward Stochastic RSI cross suggest caution. Currently, there is conflicting information with short-term bearish signals from Stochastic RSI and potential bullish continuation indicated by price patterns.
+ 1,900 points
Bouncing Bull
The strategy involves capitalizing on the recent bounce back from the support level around 2360. The current candlestick pattern indicates potential bullish continuation, which can result in a successful upward movement if the price breaks through the nearby resistance.
Stop Loss
2,380.00
Take Profit
2,410.00
Buy
2,391.00
$ETH is showing strong momentum as it tests key resistance levels, signaling potential for a bullish breakout. With growing institutional interest and increasing on-chain activity, Ethereum remains a dominant force in the crypto ecosystem. Traders are eyeing the $3,000 mark as the next target, while support holds firm around $2,700. Whether you're swing trading or holding long-term, $ETH continues to offer solid opportunities. Stay updated, manage your risk, and watch for volatility as market sentiment shifts. Smart money is moving—don’t miss out. #ETH #Ethereum #CryptoTrading #Altcoins #DeFi #ETHUSD
$ETH
$ETH
Ethereum (ETH/USD): Bullish Setup in Progress
$ETH
Current Price: $3,231.47 (-1.77%)
Perpetual Price: $3,229.35 (-1.84%)
Key Technical Levels and 1-Hour Chart Analysis (Bitstamp Data):
Resistance Zone:
The key resistance level near $3,525 remains a critical barrier, marked by strong selling pressure. A decisive breakout above this level could signal a more sustained bullish rally and unlock significant upside potential for Ethereum.
Support Zone:
The support zone near $3,160 represents a vital level of buying interest. This area could serve as a springboard for price recovery if Ethereum retraces further, potentially reversing the current bearish trend.
Trend Overview:
Ethereum is currently consolidating within a defined range between support and resistance. While there is a slight bearish bias as the price nears the support zone, a bounce from this area could reignite bullish momentum.
Price Targets (Take-Profit Levels):
Target 1: $3,340 (short-term resistance and a key milestone for bullish continuation).Target 2: $3,440 (secondary resistance that aligns with medium-term upward potential).
Chart Dynamics:
The 1-hour chart highlights a range-bound trading pattern with a possible breakout scenario. A move above $3,525 would validate stronger bullish sentiment, while a reversal from $3,160 could lead to recovery toward the outlined targets.
Outlook and Recommendations
The current analysis suggests a cautiously optimistic outlook for Ethereum. A rebound from the support zone at $3,160 could pave the way for a bullish move toward $3,340 and $3,440. Traders should monitor price action near the resistance at $3,525, as a breakout above this level would confirm a more robust uptrend.
Community Note:
This overview is shared for educational purposes and does not constitute trading advice. Always consider prevailing market conditions and adopt suitable risk management strategies.
Let’s Discuss!
Share your feedback or questions in the comments below, and don’t forget to like and share this analysis with your friends. Thanks for your support, and trade safely!
Let me know if you’d like further refinements!
#Ethereum #ETHUSD #CryptoTrading #EthereumAnalysis #BullishSetup
Current Price: $3,231.47 (-1.77%)
Perpetual Price: $3,229.35 (-1.84%)
Key Technical Levels and 1-Hour Chart Analysis (Bitstamp Data):
Resistance Zone:
The key resistance level near $3,525 remains a critical barrier, marked by strong selling pressure. A decisive breakout above this level could signal a more sustained bullish rally and unlock significant upside potential for Ethereum.
Support Zone:
The support zone near $3,160 represents a vital level of buying interest. This area could serve as a springboard for price recovery if Ethereum retraces further, potentially reversing the current bearish trend.
Trend Overview:
Ethereum is currently consolidating within a defined range between support and resistance. While there is a slight bearish bias as the price nears the support zone, a bounce from this area could reignite bullish momentum.
Price Targets (Take-Profit Levels):
Target 1: $3,340 (short-term resistance and a key milestone for bullish continuation).Target 2: $3,440 (secondary resistance that aligns with medium-term upward potential).
Chart Dynamics:
The 1-hour chart highlights a range-bound trading pattern with a possible breakout scenario. A move above $3,525 would validate stronger bullish sentiment, while a reversal from $3,160 could lead to recovery toward the outlined targets.
Outlook and Recommendations
The current analysis suggests a cautiously optimistic outlook for Ethereum. A rebound from the support zone at $3,160 could pave the way for a bullish move toward $3,340 and $3,440. Traders should monitor price action near the resistance at $3,525, as a breakout above this level would confirm a more robust uptrend.
Community Note:
This overview is shared for educational purposes and does not constitute trading advice. Always consider prevailing market conditions and adopt suitable risk management strategies.
Let’s Discuss!
Share your feedback or questions in the comments below, and don’t forget to like and share this analysis with your friends. Thanks for your support, and trade safely!
Let me know if you’d like further refinements!
#Ethereum #ETHUSD #CryptoTrading #EthereumAnalysis #BullishSetup
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#USConsumerConfidence #ethusd Will it see the bottom this weekend or will it continue to count where it has been for 2 weeks? It is uncertain when it will go to 4,000 E. It has been stable for a long time and is fluctuating in the $300 band.
ETHUSD : All-Time Highs on the Horizon
#ETHUSDT #ETHProspect #ETHUSD #BinanceSquareFamily
#Write2Earn
$ETH
Overview :
Ethereum (ETH) is showing strong bullish momentum, with analysts anticipating a breakout to new all-time highs in Q1 2025. This optimism is supported by technical patterns and macroeconomic factors, including rumors of an ETH ETF approval.
Key Levels to Watch :
Resistance Levels :
Immediate resistance at $3,496
All-time high at $4,867
Support Levels :
Key support at $3,285
Strong trendline support at $3,164
Technical Analysis :
Ascending Triangle : ETH is forming an ascending triangle, signaling potential continuation of the uptrend.
MACD Momentum : The Ultimate MACD shows bullish divergence, with increasing green bars indicating rising momentum.
Volume Spike : A recent uptick in trading volume reinforces bullish sentiment.
Catalysts :
Speculation around ETH ETF approval is fueling investor confidence.
Sustained adoption of Ethereum in DeFi and enterprise-grade solutions.
Pro-Tip :
If ETH holds above $3,285, consider entering a long position targeting $3,496 and $3,867. A confirmed breakout above $4,867 could pave the way for a 44% surge.
Conclusion :
ETH’s bullish structure and fundamental backing suggest it could achieve new highs in early 2025. Investors should monitor resistance levels and stay updated on macro developments like ETF news. Always set stop-loss orders to mitigate risk.
#ETHUSDT #ETHProspect #ETHUSD #BinanceSquareFamily
#Write2Earn
$ETH
Overview :
Ethereum (ETH) is showing strong bullish momentum, with analysts anticipating a breakout to new all-time highs in Q1 2025. This optimism is supported by technical patterns and macroeconomic factors, including rumors of an ETH ETF approval.
Key Levels to Watch :
Resistance Levels :
Immediate resistance at $3,496
All-time high at $4,867
Support Levels :
Key support at $3,285
Strong trendline support at $3,164
Technical Analysis :
Ascending Triangle : ETH is forming an ascending triangle, signaling potential continuation of the uptrend.
MACD Momentum : The Ultimate MACD shows bullish divergence, with increasing green bars indicating rising momentum.
Volume Spike : A recent uptick in trading volume reinforces bullish sentiment.
Catalysts :
Speculation around ETH ETF approval is fueling investor confidence.
Sustained adoption of Ethereum in DeFi and enterprise-grade solutions.
Pro-Tip :
If ETH holds above $3,285, consider entering a long position targeting $3,496 and $3,867. A confirmed breakout above $4,867 could pave the way for a 44% surge.
Conclusion :
ETH’s bullish structure and fundamental backing suggest it could achieve new highs in early 2025. Investors should monitor resistance levels and stay updated on macro developments like ETF news. Always set stop-loss orders to mitigate risk.
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