Ethereum May Continue Upward Trend Toward $4,000 If Key Resistance Levels Are Broken
Main Idea
Ethereum's price shows potential for upward movement toward $4,000 if it breaks key resistance levels, supported by bullish market sentiment and strong midterm support.
Key Points
1. Ethereum's price increased by 2.07% in the past 24 hours, with a bullish trend approaching a key resistance level near $3,820.
2. A breakout above $3,820 could lead to further gains toward $3,900, reinforcing positive momentum.
3. Midterm support at $3,675 is crucial for maintaining buyer control and sustaining upward price action.
4. Long-term trends suggest Ethereum could target $4,000 if key support levels hold.
5. Market sentiment remains bullish, with investor interest driving potential gains.
Description
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