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Ethereum Targets: $4,811 and $8,557

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by Giorgi Kostiuk

a day ago

Ethereum demonstrates steady growth, remaining above the previous resistance level. Target price levels become increasingly relevant.

Current Situation with Ethereum

Ethereum maintains its position above a long-standing resistance trend, indicating strong bullish momentum in the crypto market. After breaking out of this barrier, Ethereum has aimed for a key price level of **$4,811.71**.

Potential Targets for ETH

The target of **$4,811.71** is not new but remains significant. If ETH manages to climb towards this level, it would mean a gain of over **200%** from current price zones.

Factors Impacting Future Movements

Significant changes in price dynamics should be anticipated by observing trading volumes and macroeconomic news. These factors will help validate the sustainability of ETH's climb towards $4.8K and $8.5K.

Ethereum shows resilience and captures traders' interest, but developments in the crypto market require ongoing monitoring.

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