🚀 ETH Targets $4K Again — Could This Be the Real Deal? Eth
koinmilyoner
Updated at: 7 hours ago
{"content":"🚀 ETH Targets $4K Again — Could This Be the Real Deal?
Ethereum rose beyond $3,800 again. ETH is showing signs of life and may soon reach $4,000.
Ethereum rose again over $3,800 and $3,840.
The price is above $3,820 and the 100-hour SMA.
The hourly ETH/USD chart shows a bullish trend line with support at $3,800.
If sustained over $3,800, the pair may rise again.
Ethereum Prices Rise Again
Ethereum price stayed over $3,600 and rose like Bitcoin. ETH traded over $3,700 and $3,800 barrier.
Price rose beyond $3,850. The price approached $3,900. After forming a high at $3,904, the price is consolidating gains above the 23.6% Fib retracement line of the upward advance from $3,515 swing low to $904 high.
Ethereum is over $3,820 and the 100-hour SMA. On the hourly ETH/USD chart, a positive trend line with support at $3,800 is formed.
Price may find resistance at $3,900 on the upside. Near $3,920 is the next major resistance. Near $3,950 is the first substantial resistance. A clean break over $3,950 might push the price above $4,000.
Above $4,000 barrier might lead to greater advances in the following sessions. Ether might soar to $4,050 or $4,200 in the short future.
Another ETH Drop?
Ethereum may correct below $3,920 if it fails to break. At $3,820, downward support begins. First significant support is around $3,800.
A decisive break below $3,800 might bring the market near $3,750. If losses continue, the price may reach $3,700 support. Next important support is $3,640.
Tech Indicators
Hourly ETH/USD MACD is rising in the positive zone.
Hourly ETH/USD RSI is over 50.
Major Support: $3,800
Major Resistance: $3,920
#ETHReclaims3800 #BTCvsETH #ETH $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/28/8935340f05169a49735cd5d6dc9e4fc9.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}