This 4-hour Ethereum chart highlights a possible bullish move as the price approaches key resistance levels. Fibonacci retracement analysis suggests potential targets at $2,343 (0.5 Fib) and $2,458 (0.618 Fib). A successful retest of support could confirm an upward trend.
The moving average in yellow represents dynamic resistance, and a breakout above it may signal further strength. Will Ethereum sustain its momentum and push higher? Share your thoughts in the comments.
#Ethereum #ETH #CryptoTrading #TechnicalAnalysis #Crypto
The moving average in yellow represents dynamic resistance, and a breakout above it may signal further strength. Will Ethereum sustain its momentum and push higher? Share your thoughts in the comments.
#Ethereum #ETH #CryptoTrading #TechnicalAnalysis #Crypto
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.