Ethereum downside or breakout?

Z4F4R Updated   
Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today.

If support at $2,923 crumbles. A break below this level could send ETH down to $2,874.

However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.
Great to see, It reached first a price target of $3207 and then a bottom support of $2880.
Ready to fly to the moon from here? or is there a new bottom in?
Went back to the support area and then bounced back immediately
will this time breakout reach $3,000+?

Will Ethereum follow the same scenario as mentioned in my previous post, or will it break out of this resistance zone and move upward to $3,100?
Ethereum stops right at the resistance price of $3044, will it breakout and push the price to $3100 or pullback to $2922?
Approaching $3160- $3180
Ethereum has reached $3,700, a resistance zone; if demand persists, ETH could achieve $4,085.
Ethereum is starting a new rally. Once it crosses $4k and $4.5k, a new all-time high of $5k is anticipated.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.