Will $ETH burst or fall sharply? Traders are watching this development closely. Look for clear signals in the chart. Read to the end. You will find hidden price targets that most traders miss.
Ethereum is trading at $4,177 today. $ETH is above the important support level of $4,000. Discover the next targets.
What are the support and resistance levels for $ETH?
| Level | Price (USD) | Description |
|---|---|---|
| Support 1 | $4,000 | 100 EMA is the 100-day exponential moving average. This is the average price over the last 100 days. It shows market trends in the medium or long term. |
| Support 2 | $3,850 | Bollinger bands are volatility bands. They expand and contract based on market volatility. The lower Bollinger Band is the smallest deviation from the 20-day simple moving average. |
| Resistance 1 | $4,250 | 50 EMA is the 50-day exponential moving average. This is the average price over the last 50 days. It shows market trends in the short or medium term. |
| Resistance 2 | $4380 | The upper Bollinger band is the upper deviation from the 20-day simple moving average. |
FAQs
What price targets should I consider for Ethereum $ETH?
Support at $4000. Resistance near $4250. Stretch goal $5,989.
Should I sell Ethereum to take profits or wait?
The stochastic RSI is 75. Resistance lies at $4,250. Place the stop-loss below $3,850.
How to set stop-loss levels for Ethereum?
Place stops below the $3,850 support. Consider using lower swings as reference points.
What do Ethereum moving averages indicate?
EMA50 is at $4250. EMA100 is at $4,000. Ethereum is trading at $4,177. Compare these values to determine the direction of the trend.
What should a buyer or seller do?
Buyers can enter near $4,000 or $3,850. Place stops below $3,850. Sellers can exit near $4,250 or $4,380. Take profits at $5,989. Manage your risk carefully.
How Do Fibonacci Levels Affect Ethereum Price?
The 61.8% Fibonacci level sits at $2953. The 138.2% Fibonacci extension targets $5,989.
What does $ETH’s momentum show?
The Stochastic RSI K reads 75. Values above 80 signify overbought conditions. Values below 20 mean oversold conditions. And values between 20 and 80 show neutral dynamics.
Conclusion
Ethereum is approaching key resistance. Price developments are now crucial. A move above $4,250 appears bullish. A decline below $4,000 signals weakness. Momentum shows caution. Protect your capital.
Disclaimer
The information discussed by Altcoin Buzz does not constitute financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies presented are the thoughts and opinions of the editors/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur as a result of any investment directly or indirectly related to the information provided. Ethereum and other cryptocurrencies are high-risk investments; therefore, please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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