$ETH Comprehensive technical analysis of Ethereum (ETH/USDT) performance during this week, with a proactive outlook for upcoming forecasts:
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⚙️ Current price situation
Current price: 4466 USDT
Highest price this week: 4788 USDT
Lowest price this week: 4372 USDT
Weekly change: +1.3% up
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📊 General trend for the week
The medium-term trend is strongly bullish after the price successfully anchored above 4000 USDT.
Bulls are still in control as long as the price is above 4300 – 4370 USDT.
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📈 EMA Moving Averages Analysis
Average Value Signal
EMA(7) 4,417 Price is above it → 🔼 Strong upward movement
EMA(25) 4,019 Medium-term upward support
EMA(99) 3,192 Stable long-term uptrend
✅ Price is above all averages → indicates strength of the uptrend and its continuation.
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🔍 Momentum indicators
RSI (Relative Strength Index) at 48–60:
Pullback from overbought → 🔄 Healthy correction before a new wave of rise
Stoch RSI in the middle of the range:
➡️ Possible upward bounce if the price maintains 4370 – 4450 USDT
MACD = Positive:
➕ The green bars are still present which means that the upward momentum is not over yet, but it is starting to weaken.
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📌 Important support and resistance
Level Expectation
4300 USDT Very strong support (buy zone)
4460–4500 USDT Current support (attempting to maintain it)
4700–4800 USDT Very strong resistance
5000 USDT Psychological and technical target if broken
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🔮 Future forecasts (for next week)
As long as Ethereum is above 4370 USDT → the bullish scenario remains valid
Potential sideways correction between 4450 – 4650 USDT
Upon breaking 4800 USDT with a strong close → heading towards:
🎯 First target: 4950 USDT
🎯 Second target: 5200 USDT
If it breaks 4300 USDT → possibility of corrective drop to 4000 – 4100 USDT
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✅ Trading advice (Swing Trading)
📥 Buy in batches between: 4400 – 4460 USDT
🎯 First target: 4700 USDT
🎯 Second target: 5000+ USDT
⛔ Daily stop loss under: 4300 USDT