#ETHBreaks4000
The price of Ethereum is around $4,030 with a positive variation of +3.71% in the last hours, ranging in the last 24 hours from a minimum of $3,880 to a maximum of $4,071.
ETH has shown strong volatility today; analysts highlight that the upward trend is supported by factors such as:
Increasing institutional adoption.
Technological advancements in the Ethereum network, such as Ethereum 2.0.
Regulatory changes that favor the crypto ecosystem.
ETH is in a consolidation zone between $3,650 and $3,730, just below a key resistance. Despite a slight correction, the technical structure remains bullish, with indicators like RSI and MACD showing positive signals.
ETH seems to be on track to consolidate above $4,000, although it faces significant technical resistances. If buyers maintain the momentum, we could see a breakout to new highs.
Image taken from the network
The price of Ethereum is around $4,030 with a positive variation of +3.71% in the last hours, ranging in the last 24 hours from a minimum of $3,880 to a maximum of $4,071.
ETH has shown strong volatility today; analysts highlight that the upward trend is supported by factors such as:
Increasing institutional adoption.
Technological advancements in the Ethereum network, such as Ethereum 2.0.
Regulatory changes that favor the crypto ecosystem.
ETH is in a consolidation zone between $3,650 and $3,730, just below a key resistance. Despite a slight correction, the technical structure remains bullish, with indicators like RSI and MACD showing positive signals.
ETH seems to be on track to consolidate above $4,000, although it faces significant technical resistances. If buyers maintain the momentum, we could see a breakout to new highs.
Image taken from the network
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ETH
4,221.13
+0.67%