Ethereum trades near $3242.9 on the 4h chart, pressing into the upper Bollinger Band at $3245.6. Price holds above the 20 EMA at $3158.3, with clean separation from the 50 EMA at $3086.8 and the 100 EMA at $3045.7.
This EMA stack shows Ethereum upward pressure with rising slope. Bollinger Bands widen after a long squeeze, signaling active expansion. The structure reflects controlled strength rather than exhaustion.
What are the Supports and Resistances
| Level | Price (USD) | Description |
|---|---|---|
| Support 1 | $3067.6 | Former range ceiling now acting as reaction support. |
| Support 2 | $2734.6 | Major demand base from prior swing lows. |
| Resistance 1 | $3437.6 | Upper rejection zone with prior supply. |
| Resistance 2 | $3245.6 | Active Bollinger cap testing momentum. |
FAQ
What Ethereum price targets should I consider?
Traders focus on the immediate band at $3245.6 and the higher range ceiling at $3437.6 due to repeated historical reactions.
Is Ethereum Bullish?
Price holds above all key EMAs with positive slope, showing structural strength without parabolic extension.
How do I set stop-loss levels for Ethereum?
Stops often align below $3067.6, where a loss would break the current trend structure.
What are the Ethereum moving averages indicating?
The 20 EMA at $3158.3 leads, followed by the 50 EMA at $3086.8 and the 100 EMA at $3045.7, confirming bullish stacking.
Should I buy or sell ETH?
The chart favors patience near resistance, as price trades into an expansion zone rather than a pullback.
How do Fibonacci levels affect Ethereum price?
While not plotted, traders often align fib reactions with $3067.6 and $3437.6 due to repeated confluence.
What does $ETH momentum show?
Momentum is firm but measured, with higher highs forming inside widening volatility bands.
Conclusion
Ethereum maintains upward control above $3158.3 while testing $3245.6. EMA alignment and band expansion confirm strength, but proximity to resistance keeps risk defined. Traders watch reactions at $3067.6 and $3437.6 to gauge continuation or pause.
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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