Will $ETH break out or drop hard? Traders are watching this move closely. Look for clear signals in the chart. Read to the end. You’ll find hidden price targets most traders miss.
Ethereum trades at $3959 today. $ETH is trading below the significant support level of $ 4,000. This is the 100-day EMA. Bears show current control. Discover the next targets.
What are the support and resistance levels for $ETH?
| Level | Price (USD) | Description |
|---|---|---|
| Support 1 | $4000 | 100 EMA is the 100-day Exponential Moving Average. It is the average price over the last 100 days. It shows market trends over a mid or long term. |
| Support 2 | $3800 | Bollinger Bands are volatility bands. They expand and contract in response to market volatility. The lower Bollinger Band is the lower deviation from the 20-day simple moving average. |
| Resistance 1 | $4100 | 50 EMA is the 50-day Exponential Moving Average. It is the average price over the last 50 days. It shows market trends over a short or mid-term. |
| Resistance 2 | $4250 | Upper Bollinger Band is the upper deviation from the 20-day simple moving average. |
FAQ
What Ethereum price targets should I consider?
Support $4000. Resistance $4100. Target $5823.
Is Ethereum Bullish?
Stochastic RSI is 18. This shows oversold. Resistance sits at $4100. Bears are in control.
How do I set stop-loss levels for Ethereum?
Place stops below $3800. This protects positions. Short sellers use $4100.
What are the Ethereum moving averages indicating?
EMA50 is at $4100. EMA100 is at $4000. Ethereum trades at $3959. Price is below both EMAs. This shows a bearish trend.
What should a buyer or seller do?
Buyers wait for confirmation. Sellers target $3800. Stops above $4100. Long profits at $5823. Manage risk.
How do Fibonacci levels affect the Ethereum price?
Fibonacci 61.8% level is $3221. Fibonacci 138.2% extension is $5823. This is an upside target.
What does $ETH momentum show?
Stochastic RSI K reads 15. Overbought above 80. Oversold below 20. ETH momentum is oversold. Selling pressure is high.
Conclusion
Ethereum shows weakness below $4000 support. Eyes on $3800 for breakdown risk. Momentum favors bears. Another sell-off may follow. Stay cautious, protect capital.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Ethereum and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
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