#ETH Hits 4800# #ETH#
ETH to $4800? Technicals Say: It’s Not Just Hype — It’s Setup
Ethereum ($ETH) is building an extremely bullish structure across multiple timeframes, and the technicals suggest a breakout beyond $4,000 could open the door toward $4,800 in the coming weeks.
Currently, ETH is trading well above all key EMAs (5, 10, 20), with EMA(10) around $3,537 and EMA(20) near $3,282—both acting as strong dynamic support. The MACD shows increasing bullish momentum, with no divergence, and the RSI hovering around 76 indicates strength, not weakness, as long as support holds.
The recent move
ETH to $4800? Technicals Say: It’s Not Just Hype — It’s Setup
Ethereum ($ETH) is building an extremely bullish structure across multiple timeframes, and the technicals suggest a breakout beyond $4,000 could open the door toward $4,800 in the coming weeks.
Currently, ETH is trading well above all key EMAs (5, 10, 20), with EMA(10) around $3,537 and EMA(20) near $3,282—both acting as strong dynamic support. The MACD shows increasing bullish momentum, with no divergence, and the RSI hovering around 76 indicates strength, not weakness, as long as support holds.
The recent move
ETH0.47%