Ethereum is making its way toward testing its all-time high, but there are some strong resistance levels in the way—most notably around the $3.5K mark. Still, the technicals are showing promise: RSI has broken out of its trendline, and the monthly Stochastic RSI looks bullish, signaling strong upward momentum.
How ETH reacts to these resistance zones will be key. Historically, Ethereum has led the altcoin market, so if it breaks its ATH, we could see a rapid surge across altcoins. Until then, we’re likely in the middle of a "mini altseason"—some coins running, but the real breakout comes once ETH confirms the move.
How ETH reacts to these resistance zones will be key. Historically, Ethereum has led the altcoin market, so if it breaks its ATH, we could see a rapid surge across altcoins. Until then, we’re likely in the middle of a "mini altseason"—some coins running, but the real breakout comes once ETH confirms the move.
ملاحظة
Eth broke out the powerful resistance line around 3.5k area. In addition, I would say nice retest as a support. RSI downtrend is also broken. I expect much higher targets. Eth is preparing to next target for 4k ish area. After this, ATH testing. But for now, ETH needs to break 4k ish resistance. ملاحظة
As I mentioned almost a month ago, ETH is on its way to test its ATH. I am very bullish on ETHUSDT. My target for this cycle is 7892$. I know, it is conservative target. But, I have my own analysis and justification for that. I might be wrong. But, lets see. I will update on the way up. ملاحظة
ETH is almost at its previous ATH area. Of course, on te way up, some turbulance. But, destination is clear, one way or other we going to hit that. إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.