📌 1. What is happening with Ethereum?
Ethereum is in a clearly bullish trend. The last weekly candle is very strong, with a lot of volume and almost no correction, indicating that there are many active buyers and confidence that it will continue to rise.
📊 2. Moving Averages (EMAs)
The current price is well above the 20, 50, and 200-week moving averages.
This confirms bullish strength both in the short term and long term.
These EMAs are left behind as possible support zones if there is a future correction:
EMA 20: $2,546
EMA 50: $2,605
EMA 200: $2,305
💪 3. Indicators
RSI (Relative Strength Index): is at 66 → shows that the momentum is strong, although close to overbought.
MACD: recent bullish crossover, reinforcing that the trend is upward.
🧱 4. Important Zones
✅ Supports (where it can bounce if it drops):
$3,300 (immediate support)
$2,900 (previous consolidation zone)
$2,600 (where the moving averages are)
$2,300 (strong long-term support)
🚫 Resistances (where it could stall):
$3,500 (strong sell block)
$3,800 (intermediate technical resistance)
$4,100 (previous high)
$4,600 (ceiling of the previous cycle)
🧠 5. What can happen
📈 If it continues to rise:
If it breaks $3,500 strongly, the next targets would be $3,800 and $4,100.
📉 If it drops:
It could fall to $3,200 or $2,900 as a natural correction without breaking the trend.
🎯 6. What is advisable to do?
🪙 If you are HODLing (long term):
Buy on pullbacks like $3,200 or $2,900.
As long as the price is above $2,600, the outlook remains positive.
⚡ If you are trading (short term or with futures):
Do not enter now (it has already risen a lot).
Wait for a drop to $3,300 or $3,200 to enter long (buy).
Place a stop loss just below ($3,100 – $3,150).
First profit target: $3,500
Second: $3,800
Third: $4,100
✅ Final summary
ETH is at its best moment of the year.
It has already broken bearish structures and everything points to it going for $3,800 and $4,100 if there are no strong corrections.$ETH
Ethereum is in a clearly bullish trend. The last weekly candle is very strong, with a lot of volume and almost no correction, indicating that there are many active buyers and confidence that it will continue to rise.
📊 2. Moving Averages (EMAs)
The current price is well above the 20, 50, and 200-week moving averages.
This confirms bullish strength both in the short term and long term.
These EMAs are left behind as possible support zones if there is a future correction:
EMA 20: $2,546
EMA 50: $2,605
EMA 200: $2,305
💪 3. Indicators
RSI (Relative Strength Index): is at 66 → shows that the momentum is strong, although close to overbought.
MACD: recent bullish crossover, reinforcing that the trend is upward.
🧱 4. Important Zones
✅ Supports (where it can bounce if it drops):
$3,300 (immediate support)
$2,900 (previous consolidation zone)
$2,600 (where the moving averages are)
$2,300 (strong long-term support)
🚫 Resistances (where it could stall):
$3,500 (strong sell block)
$3,800 (intermediate technical resistance)
$4,100 (previous high)
$4,600 (ceiling of the previous cycle)
🧠 5. What can happen
📈 If it continues to rise:
If it breaks $3,500 strongly, the next targets would be $3,800 and $4,100.
📉 If it drops:
It could fall to $3,200 or $2,900 as a natural correction without breaking the trend.
🎯 6. What is advisable to do?
🪙 If you are HODLing (long term):
Buy on pullbacks like $3,200 or $2,900.
As long as the price is above $2,600, the outlook remains positive.
⚡ If you are trading (short term or with futures):
Do not enter now (it has already risen a lot).
Wait for a drop to $3,300 or $3,200 to enter long (buy).
Place a stop loss just below ($3,100 – $3,150).
First profit target: $3,500
Second: $3,800
Third: $4,100
✅ Final summary
ETH is at its best moment of the year.
It has already broken bearish structures and everything points to it going for $3,800 and $4,100 if there are no strong corrections.$ETH