Hey, people! If you are thinking about the future of money, hold on because Ethereum (ETH) is not messing around. 🚀 Imagine that, after a dip, it suddenly gets up, shakes off the dust, and starts climbing with brutal strength, leaving others behind. What's happening? Is it the time to jump in or just to watch?
Look, the thing is that the price of ETH stood firm at $3,950 and from there, it took off! 🛫 It overcame obstacles like $4,000 and $4,250 with a fluency that is scary. Experts are seeing that the 'bulls' (that's what they call those who buy to push the price up) have total control of the ring. 🐂
Right now, things are moving above $4,100, and analysts are focused on the next big fight: the barrier of $4,320. If it manages to break that and the $4,400 one, it could go up to $4,500 or even more, up to $4,650! Imagine that rise. 📈
But be careful, in this world of cryptocurrencies, nothing is certain. If ETH cannot break the resistance at $4,320, we could see a correction. The first place to look for support would be at $4,250 and then at $4,200. If it keeps falling, it could reach down to $4,050 or even $4,000. It's like a game of chess where every move counts. ♟️
Technical analysis supports this optimism. The MACD (an indicator to see momentum) is in 'bullish mode' and the RSI (another indicator that measures the strength of movements) is already above 50 points, which is a sign that the strength is on the side of those betting that it will rise.
So, what does all this tell us? That Ethereum is not a project for today or tomorrow, but a force that continues to demonstrate its power in the market. But remember, the market is volatile. What goes up today, may go down tomorrow.
Are you willing to bet if we will see Ethereum fly higher, or will you just wait to see if it corrects? 👀$ETH
