Hey, what's up, gang! The party started with Ethereum and those who have this coin are hopping around. The price took a little jump 🚀 that left Bitcoin biting the dust for a while. Those who invested are already seeing the fruits, and it seems that the good times are just beginning!
After a little scare, where the price flirted with $3,650, Ethereum got its act together and kicked off an unstoppable rally. Experts say this is no coincidence. The crypto gained strength, surpassed key resistance levels like $3,750 and $3,850, and is now fighting to conquer the peak of $3,920.
Currently, Ethereum is comfortably settled above $3,800, and the technical indicators are cheering: the MACD is in "full throttle" mode and the RSI is above 50. In street language, this means that spirits are high and the trend is bullish. The big question is whether it has the strength to break the psychological barrier of $4,000. If it does, the path could clear to reach $4,220, and even, they are talking about $4,500!
But be careful, not everything is rosy. If Ethereum fails to surpass $3,920, it could slip back. The support points to keep an eye on are $3,820 and $3,800. If it falls below that, we could see a drop to $3,735 or even $3,680. In this game, patience and staying alert is key.
Will Ethereum go to the moon or hit a wall? Only time will tell, but one thing is for sure: those who are in this need to follow the chart closely as if it were a suspense novel.$ETH
