I See Ethereum Heading Toward $5,000 as Bulls Hold Support
I'm seeing Ethereum regain traction after finding support around $4,500 and moving above the 100-hour SMA; hourly MACD and RSI above 50 confirm bullish momentum.
If ETH clears the $4,880–$4,950 area, I expect a run toward the $5,000 resistance and possibly $5,150 in the near term. Key resistances to watch are $4,780, $4,840 and $4,880.
I view dips as limited while price holds $4,700–$4,480, so I'll favor measured longs with tight risk controls if those supports fail.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.