Technical Analysis: Can #ETH Hit $4,500?
Current Technical Momentum
- ETH has surged above $4,000, breaking a long-standing resistance and initiating a new bullish leg. Institutional demand, whale accumulation, and technical breakouts have all fueled this momentum.
- The $4,100 area remains a critical barrier. A sustained break above it could clear the path toward the $4,500 zone.
Analyst & Market Insights
- CoinPedia and Brave New Coin forecast that if current momentum holds—especially via short squeezes and institutional inflow—ETH could climb to $4,500–$4,750 in the near term.Brave New CoinCoinpedia Fintech News
- Binance and others suggest that a decisive close above $4,000 and breakout confirmation could lead ETH toward $4,500–$5,000 in the coming weeks.
Technical Chart Outlook
- ETH has flipped the $3,900–$4,100 zone from resistance into support—a bullish structural shift.
- On-chain strength is rising: significant whale accumulation, rising staked supply, and upward-sloping moving averages support continuation.
Trend structure appears constructive, with momentum indicators showing bullish follow-through.
FOLLOW ME FOR DAILY UPDATES.
#ETH4500Next? #ETH
$ETH