๐ฅ Ethereum($ETH ) Eyes $3,000 โ Fueled by Bitcoinโs Momentum! ๐๐
Ethereum is riding the bullish wave, gaining strength after bouncing from $2,440 โ and the next stop could be $3,000 if key levels are cleared!
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ETH Showing Bullish Vibes ๐
After finding strong support near $2,440, ETH surged past $2,500 and $2,520
Price is now trading above $2,540 and the 100-hour SMA, signaling momentum on Ethereumโs side โก๏ธ
A bullish trend line is visible on the hourly chart, offering support near $2,500 โ
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Key Resistance Levels in Play ๐
Immediate hurdle: $2,620
Major resistance: $2,650
If ETH clears these, the next targets are:
$2,720 (first key breakout level)
$2,840 (next push zone)
$2,920 โ $3,000 (major bullish breakout target) ๐ฏ
ETH is already past the 76.4% Fib retracement level of the last drop from $2,615 to $2,442, reinforcing strength.
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But What If ETH Fails to Break $2,620? โ ๏ธ
Initial support: $2,525
Strong support: $2,500 (trend line + Fib zone)
Break below $2,500 could send ETH back to $2,440, with deeper supports at $2,420 and $2,350 ๐ป
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Technical Indicators
MACD: Gaining traction in the bullish zone
RSI: Holding strong above 50 โ positive momentum still active
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TL;DR
Ethereum is in bull mode, backed by Bitcoinโs rally and strong on-chain signals. If ETH breaks $2,620โ$2,720, we could see a push toward $3,000 in the coming sessions!
But โ keep an eye on $2,500 support. A break below could delay the bull party.
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#Ethereum #ETH #BinanceAlphaAlert
Can ETH ride this wave to $3,000? ๐๐ฅ
Stay ready, ETH gang! ๐ง ๐๐ช
