Ethereum would need avoid the $4,217 pivot level to support a run at the first major resistance level at $4,535.
Support from the broader market would be needed, however, for Ethereum to break out from last week’s ATH $4,461.96.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another extended breakout, Ethereum could test resistance at $5,000 levels before any pullback. The second major resistance level sits at $4,780.
A fall through the $4,217 pivot would bring the first major support level at $3,972 into play.
Barring an extended sell-off in the week, Ethereum should steer clear of sub-$3,800 levels. The second major support level sits at $3,655.
At the time of writing, Ethereum was up by 0.63% to $4,316.98. A mixed start to the week saw Ethereum fall to an early Monday low $4,281.33 before rising to a high $4,328.05.
Ethereum left the major support and resistance levels untested early on.
Long Term Targets For Ethereum :
Support from the broader market would be needed, however, for Ethereum to break out from last week’s ATH $4,461.96.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of another extended breakout, Ethereum could test resistance at $5,000 levels before any pullback. The second major resistance level sits at $4,780.
A fall through the $4,217 pivot would bring the first major support level at $3,972 into play.
Barring an extended sell-off in the week, Ethereum should steer clear of sub-$3,800 levels. The second major support level sits at $3,655.
At the time of writing, Ethereum was up by 0.63% to $4,316.98. A mixed start to the week saw Ethereum fall to an early Monday low $4,281.33 before rising to a high $4,328.05.
Ethereum left the major support and resistance levels untested early on.
Long Term Targets For Ethereum :
- 1st Target = $5000
2th Target = $7000
3th Target = $11000