Thursday, July 24, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Market & Analysis

Ethereum Price Consolidates As The Bulls Aim For Surge Above $4K

n70products by n70products
March 7, 2024
in Market & Analysis
0
Ethereum Price Consolidates As The Bulls Aim For Surge Above $4K
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Ethereum worth prolonged its enhance towards $3,900. ETH is now consolidating features and may purpose for a transfer above the $4,000 resistance.

  • Ethereum traded to a brand new multi-month excessive above $3,880.
  • The value is buying and selling above $3,700 and the 100-hourly Easy Transferring Common.
  • There’s a short-term bullish flag sample forming with resistance at $3,850 on the hourly chart of ETH/USD (information feed through Kraken).
  • The pair might resume its enhance if it clears the $3,850 resistance zone.

Ethereum Value Goals Increased

Ethereum worth extended its rally above the $3,750 stage, like Bitcoin. BTC failed to increase features above the $69,200 zone, however ETH cleared the $3,850 stage.

It traded to a brand new multi-month excessive above $3,880 and not too long ago began a consolidation section. There was a pullback under the $3,800 stage. The value examined the 23.6% Fib retracement stage of the latest wave from the $3,211 swing low to the $3,898 excessive.

Ethereum is now buying and selling above $3,700 and the 100-hourly Easy Transferring Common. Quick resistance on the upside is close to the $3,850 stage. There’s additionally a short-term bullish flag sample forming with resistance at $3,850 on the hourly chart of ETH/USD.

Ethereum Price

Supply: ETHUSD on TradingView.com

The primary main resistance is close to the $3,880 stage. The subsequent main resistance is close to $3,920, above which the value may achieve bullish momentum.  The subsequent cease for the bulls may very well be close to the $4,000 stage. If there’s a transfer above the $4,000 resistance, Ether might even rally towards the $4,080 resistance. Any extra features may name for a take a look at of $4,120.

One other Decline In ETH?

If Ethereum fails to clear the $3,850 resistance, it might begin one other draw back correction. Preliminary help on the draw back is close to the $3,740 stage.

The primary main help is close to the $3,650 zone. The subsequent key help may very well be the $3,550 zone or the 50% Fib retracement stage of the latest wave from the $3,211 swing low to the $3,898 excessive. A transparent transfer under the $3,550 help may ship the value towards $3,400. Any extra losses may ship the value towards the $3,320 stage.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is dropping momentum within the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 stage.

Main Help Stage – $3,650

Main Resistance Stage – $3,850

Disclaimer: The article is offered for academic functions solely. It doesn’t characterize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You’re suggested to conduct your personal analysis earlier than making any funding choices. Use data offered on this web site completely at your personal danger.



Source link

Tags: AimBullsConsolidatesEthereumPricesurge
Previous Post

Wrapping up Devconnect, looking ahead!

Next Post

Montenegro Court Revokes Earlier Decision To Extradite Do Kwon to US, Citing Procedural Violations

Next Post
Montenegro Court Revokes Earlier Decision To Extradite Do Kwon to US, Citing Procedural Violations

Montenegro Court Revokes Earlier Decision To Extradite Do Kwon to US, Citing Procedural Violations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?

Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?

July 9, 2025
Is The Bitcoin Bull Run Over? Top Analyst Predicts What’s Next

Is The Bitcoin Bull Run Over? Top Analyst Predicts What’s Next

October 11, 2024
BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits

BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits

August 1, 2024
Crypto Products See ‘Noticeable Deceleration’ of Inflows As Monetary Policy Uncertainty Grows: CoinShares

Crypto Products See ‘Noticeable Deceleration’ of Inflows As Monetary Policy Uncertainty Grows: CoinShares

June 9, 2025
Bitcoin Stock To Flow Model Reveals $500,000 Price Target

Bitcoin Stock To Flow Model Reveals $500,000 Price Target

November 10, 2024
New Zealand man arrested in $265M crypto scam tied to FBI probe

New Zealand man arrested in $265M crypto scam tied to FBI probe

May 17, 2025

Recent Posts

  • Crypto ATMs were just banned in New Zealand: Here’s why it matters
  • I’ve tested dozens of tablets and this is the first Android model to truly replace my iPad Pro
  • XRP Price Trims Gains After Rally – Is This Just a Healthy Correction?

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Crypto ATMs were just banned in New Zealand: Here’s why it matters

Crypto ATMs were just banned in New Zealand: Here’s why it matters

July 24, 2025
I’ve tested dozens of tablets and this is the first Android model to truly replace my iPad Pro

I’ve tested dozens of tablets and this is the first Android model to truly replace my iPad Pro

July 24, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
💵 Turn Every Dollar Into Crypto Rewards! Wirex lets you spend dollars or bitcoin — and get up to 8% back in crypto instantly. 💸 Exclusive offers dropping soon — stay tuned!
“Offers Launching Soon”
This is default text for notification bar
Learn more
Go to mobile version