Ethereum downside or breakout?

Updated

Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today.

If support at $2,923 crumbles. A break below this level could send ETH down to $2,874.

However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.

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Great to see, It reached first a price target of $3207 and then a bottom support of $2880.
Ready to fly to the moon from here? or is there a new bottom in?

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Went back to the support area and then bounced back immediately
will this time breakout reach $3,000+?

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Will Ethereum follow the same scenario as mentioned in my previous post, or will it break out of this resistance zone and move upward to $3,100?

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Ethereum stops right at the resistance price of $3044, will it breakout and push the price to $3100 or pullback to $2922?

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Approaching $3160- $3180

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Ethereum has reached $3,700, a resistance zone; if demand persists, ETH could achieve $4,085.

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Ethereum is starting a new rally. Once it crosses and 4.5k, a new all-time high of 5k is anticipated.

Z4F4R

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