Ethereum Price Near Breakout: What's next?

9 Des

Hello traders,

Exciting news for Ethereum enthusiasts! ETH price has surged to its highest point since March and approaching a crucial resistance level of $4,080. Breaking this resistance could pave the way for Ethereum to retest its ATH.

A breakout above $4,080 could signal a strong bullish trend, potentially opening the road to $4,800. This isn't just great news for Ethereum - it could also spark momentum for other altcoins, creating more trading opportunities across the market.

After touching resistance level at 4080, ETH price started to correct a little bit and can drop up to 3740 support level, from where it can resume its uptrend.

Feel free to share your thoughts in the comments below and don’t forget to boost this idea.

Happy trading!

12 Des

Catatan

Ethereum price has almost fully recovered from the recent drop and is now approaching a crucial resistance level once again.
This zone has historically acted as a key barrier, and breaking above it could signal a strong bullish continuation.
However, Ethereum remains tied to Bitcoin stability.
If Bitcoin avoids another sell-off or volatility spike, we could see Ethereum breaking out above this resistance with significant momentum.

Key levels to watch: if ETH breaks past the $4080 resistance, the next target could be around $4800 while support remains at around $3700 in case of a rejection.