Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Asset Management Giant BlackRock held a meeting with SEC to discuss Crypto institution, tokenization and more

2025-05-11

Tether to make non-right wallet template: Details

2025-05-11

Bitcoin Price Watch: Miners show strength, but lungs are in danger – why?

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Tether to make non-right wallet template: Details

    2025-05-11

    Map -Protocol reveals revolutionary interoperability between Bitcoin and Solana networks

    2025-05-11

    DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

    2025-05-11

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Ethereum Bulls Advance: $4K Within Reach
Analysis

Ethereum Bulls Advance: $4K Within Reach

2024-12-01No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Ethereum price is moving higher above the $3,600 zone. ETH is showing bullish signs and could soon target a move above the USD 3,800 resistance zone.

  • Ethereum started a decent rise from the $3,550 zone.
  • The price is trading above USD 3,550 and the 100-hourly Simple Moving Average.
  • A connecting bullish trendline is forming with support at $3,700 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could restart its rise if it crosses the $3,750 zone.

Ethereum price eyes steady rise

Ethereum price remained supported above $3,350 and started a new increase just like Bitcoin. ETH was able to surpass the USD 3,450 and USD 3,550 resistance levels.

The bulls pumped the price above the USD 3,700 level. It reached a high at $3,748 and the price is now consolidating gains. There was a small decline below the USD 3,720 level. The price fell and tested the 23.6% Fib retracement level of the upward wave from the $3,572 swing low to the $3,748 high.

Ethereum price is now trading above $3,550 and the 100-hourly Simple Moving Average. A connecting bullish trendline is also forming with support at $3,700 on the hourly chart of ETH/USD.

Ethereum price
Source: ETHUSD on TradingView.com

On the upside, the price seems to be facing hurdles around the USD 3,740 level. The first major resistance is around the $3,750 level. The main resistance is now forming around $3,800. A clear move above the USD 3,800 resistance could send the price towards the USD 3,880 resistance. An upside break above the USD 3,880 resistance could call for more gains in the coming sessions. In the mentioned case, Ether could rise towards the USD 3,940 or even USD 4,000 resistance zone.

See also  Huge 'Smart Whale' with Profitable Track Record Raises $76,900,000 in Bitcoin (BTC) from Binance

Disadvantage correction in ETH?

If Ethereum fails to clear the USD 3,750 resistance, it could trigger another decline. The initial downside support is near the $3,700 level. The first major support is near the $3,675 zone.

A clear move below the $3,675 support could push the price towards the 61.8% Fib retracement level of the upwave, from the $3,572 swing low to the $3,748 high at $3,640. Any further losses could send the price towards the USD 3,570 support level in the near term. The next major support is at USD 3,550.

Technical indicators

hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.

RSI per hour – The RSI for ETH/USD is now above the 50 zone.

Major support level – $3,700

Major resistance level – $3,750

Source link

Advance Bulls Ethereum Reach
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Bulls Beware! – This price can be a high -leverage false door

2025-05-11

What is the next step for Bitcoin, XRP, Ethereum and Solana Price?

2025-05-11

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Ethereum breaks the most important price level – Has the ETH rally just started?

2025-05-11
Add A Comment

Comments are closed.

Top Posts

Crypto Exchange Executives and 29 Other People Accused of $24,560,000 Fraud in Taiwan: Report

2024-04-28

Mandala Metaverse Launches Cryptonauts NFT Collection on Astar and Polkadot

2023-04-26

‘Nasdaq on Solana’ vision sees progress with opening bell launch

2025-05-10
Editors Picks

The SEC postpones decision on Franklin Templeton’s crypto Index ETF until 2025

2024-11-21

How Bitcoin debunks energy problems while supporting growth

2023-09-21

The NFT market is witnessing a domino effect with Blur driving the declines

2023-07-18

Users cancel NFT Marketplace Magic Eden after domain changes

2024-09-07
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Asset Management Giant BlackRock held a meeting with SEC to discuss Crypto institution, tokenization and more

Tether to make non-right wallet template: Details

Bitcoin Price Watch: Miners show strength, but lungs are in danger – why?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,054.500.83%
  • ethereumEthereum(ETH)$2,492.681.15%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.37-2.19%
  • binancecoinBNB(BNB)$653.11-0.33%
  • solanaSolana(SOL)$171.85-0.10%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.231051-0.65%
  • cardanoCardano(ADA)$0.80-2.63%
  • tronTRON(TRX)$0.2625230.73%
  • suiSui(SUI)$3.97-0.61%
  • chainlinkChainlink(LINK)$16.901.15%
  • avalanche-2Avalanche(AVAX)$24.710.85%
  • stellarStellar(XLM)$0.3071920.35%
  • shiba-inuShiba Inu(SHIB)$0.0000160.11%
  • hedera-hashgraphHedera(HBAR)$0.203694-4.69%
  • the-open-networkToncoin(TON)$3.380.08%
  • hyperliquidHyperliquid(HYPE)$24.48-2.69%
  • bitcoin-cashBitcoin Cash(BCH)$409.67-2.83%
  • polkadotPolkadot(DOT)$5.111.11%
  • unus-sed-leoUNUS SED LEO(LEO)$8.32-3.51%
  • litecoinLitecoin(LTC)$100.17-2.84%
  • piPi(PI)$1.0746.09%
  • moneroMonero(XMR)$338.664.67%
  • pepePepe(PEPE)$0.0000144.38%
  • bitget-tokenBitget Token(BGB)$4.860.73%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.891.00%
  • bittensorBittensor(TAO)$448.620.23%
  • nearNEAR Protocol(NEAR)$3.154.25%
  • aptosAptos(APT)$5.912.63%
  • aaveAave(AAVE)$220.02-1.64%
  • okbOKB(OKB)$55.080.79%
  • ondo-financeOndo(ONDO)$1.03-1.87%
  • internet-computerInternet Computer(ICP)$5.693.39%
  • ethereum-classicEthereum Classic(ETC)$19.910.86%
  • kaspaKaspa(KAS)$0.1099343.22%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.66-3.79%
  • render-tokenRender(RENDER)$5.20-0.09%
  • mantleMantle(MNT)$0.803.02%
  • gatechain-tokenGateToken(GT)$21.81-1.69%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.257278-1.31%
  • vechainVeChain(VET)$0.0309560.11%
  • crypto-com-chainCronos(CRO)$0.097893-2.88%
  • ethenaEthena(ENA)$0.4076125.81%
  • arbitrumArbitrum(ARB)$0.4589439.50%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • filecoinFilecoin(FIL)$3.172.33%
  • cosmosCosmos(ATOM)$5.292.87%
  • bitcoinBitcoin(BTC)$104,054.500.83%
  • ethereumEthereum(ETH)$2,492.681.15%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.37-2.19%
  • binancecoinBNB(BNB)$653.11-0.33%
  • solanaSolana(SOL)$171.85-0.10%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.231051-0.65%
  • cardanoCardano(ADA)$0.80-2.63%
  • tronTRON(TRX)$0.2625230.73%
  • suiSui(SUI)$3.97-0.61%
  • chainlinkChainlink(LINK)$16.901.15%
  • avalanche-2Avalanche(AVAX)$24.710.85%
  • stellarStellar(XLM)$0.3071920.35%
  • shiba-inuShiba Inu(SHIB)$0.0000160.11%
  • hedera-hashgraphHedera(HBAR)$0.203694-4.69%
  • the-open-networkToncoin(TON)$3.380.08%
  • hyperliquidHyperliquid(HYPE)$24.48-2.69%
  • bitcoin-cashBitcoin Cash(BCH)$409.67-2.83%
  • polkadotPolkadot(DOT)$5.111.11%
  • unus-sed-leoUNUS SED LEO(LEO)$8.32-3.51%
  • litecoinLitecoin(LTC)$100.17-2.84%
  • piPi(PI)$1.0746.09%
  • moneroMonero(XMR)$338.664.67%
  • pepePepe(PEPE)$0.0000144.38%
  • bitget-tokenBitget Token(BGB)$4.860.73%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.891.00%
  • bittensorBittensor(TAO)$448.620.23%
  • nearNEAR Protocol(NEAR)$3.154.25%
  • aptosAptos(APT)$5.912.63%
  • aaveAave(AAVE)$220.02-1.64%
  • okbOKB(OKB)$55.080.79%
  • ondo-financeOndo(ONDO)$1.03-1.87%
  • internet-computerInternet Computer(ICP)$5.693.39%
  • ethereum-classicEthereum Classic(ETC)$19.910.86%
  • kaspaKaspa(KAS)$0.1099343.22%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.66-3.79%
  • render-tokenRender(RENDER)$5.20-0.09%
  • mantleMantle(MNT)$0.803.02%
  • gatechain-tokenGateToken(GT)$21.81-1.69%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.257278-1.31%
  • vechainVeChain(VET)$0.0309560.11%
  • crypto-com-chainCronos(CRO)$0.097893-2.88%
  • ethenaEthena(ENA)$0.4076125.81%
  • arbitrumArbitrum(ARB)$0.4589439.50%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • filecoinFilecoin(FIL)$3.172.33%
  • cosmosCosmos(ATOM)$5.292.87%