buy

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.

Source available for registered users Sign Up Free

Analysis

Technicals are bullish on the hourly: price above the 100-hour SMA, a rising trend line, MACD gaining in the bullish zone and RSI >50. Immediate resistance cluster sits at $4,780–$4,880; failure there...

Recommendation

Positive bias: consider buying into strength on a clear break above $4,880 or on controlled weakness toward $4,650–$4,480; use a stop below $4,350 and size positions to limit downside if support gives...

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.

You might also be interested in: