After dominating the market since the April 9 low, ETH is holding firm, even as it faces minor short-term headwinds. This consolidation above key support levels is building a strong base for the next upward move.
Bulls are focused on the higher-low formation, which keeps the trend intact and momentum in their favor. As long as ETH holds above $3,100–$3,200, the bullish structure remains unbroken.
📈 Technical Highlights:
✅ Short-term resistance: $4,000–$4,300 (break and run)
✅ Medium-term target: $4,800–$5,000
✅ Long-term potential: $7,000+ this cycle
🛡️ Key support: $3,100–$3,200
📣 Takeaway:
Ethereum’s chart remains a textbook bullish setup. A breakout over $4,300 could trigger another powerful rally, while current pullbacks may offer attractive opportunities for both swing traders and long-term investors.
#Ethereum #ETHUSD #Crypto #Trading #TechnicalAnalysis #CryptoTrading #EthereumPrice #Altcoins #Bullish #Breakout
Bulls are focused on the higher-low formation, which keeps the trend intact and momentum in their favor. As long as ETH holds above $3,100–$3,200, the bullish structure remains unbroken.
📈 Technical Highlights:
✅ Short-term resistance: $4,000–$4,300 (break and run)
✅ Medium-term target: $4,800–$5,000
✅ Long-term potential: $7,000+ this cycle
🛡️ Key support: $3,100–$3,200
📣 Takeaway:
Ethereum’s chart remains a textbook bullish setup. A breakout over $4,300 could trigger another powerful rally, while current pullbacks may offer attractive opportunities for both swing traders and long-term investors.
#Ethereum #ETHUSD #Crypto #Trading #TechnicalAnalysis #CryptoTrading #EthereumPrice #Altcoins #Bullish #Breakout
Related publications
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.
Related publications
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.