Ethereum is on the move again — after bouncing off the $3,650 support, ETH has powered past $3,750 and $3,800, now trading well above the 100-hour SMA. Bulls even pushed it through $3,850, with the price recently testing the $3,920 resistance.
Right now, ETH is holding steady around $3,820 support, and if buyers keep control above $3,750, another push higher is likely. Key resistance levels to watch are $3,920, $3,950, and then the big psychological level at $4,000. A clean break above $4K could quickly open the door to $4,220, $4,350 — and maybe even $4,500 in the short term.
On the downside, $3,800 and $3,735 remain strong support zones, with $3,680 and $3,650 acting as deeper cushions if we see a pullback.
Momentum remains strong — the MACD is bullish, RSI is above 50, and ETH is still outpacing Bitcoin’s recovery.
Could $4K be next for Ethereum?
