Ethereum Shows Signs of Recovery With Potential Path Toward $10,000 Target
2025-07-04 04:59:40
Main Idea
Ethereum shows signs of recovery with potential to reach a long-term price target of $10,000, supported by technical indicators and market strength.
Key Points
1. The ETH/USDT.D ratio's rebound from a false breakdown indicates renewed market strength for Ethereum.
2. Technical analysis suggests Ethereum could advance toward $3,200 in the short term, with $2,380 as a key consolidation zone.
3. Momentum indicators like MACD crossover and RSI strength support the bullish outlook for Ethereum.
4. Investor sentiment is positive, with accumulation ahead of potential breakout moves reinforcing market confidence.
5. Long-term projections suggest Ethereum could reach $10,000, but disciplined risk management is advised due to market volatility.
Description
Ethereum demonstrates resilience as the ETH/USDT.D ratio rebounds, signaling a potential resurgence in market dominance and setting sights on a $10,000 target. Technical analysis reveals Ethereum’s strong support base above
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