• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Technical Analysis: Ethereum Aims for $4,000

user avatar

by Giorgi Kostiuk

3 months ago


Ethereum is showing signs of bullish continuation after reaching a key level. However, more work is required to achieve a new all-time high.

The Daily Chart

On the daily chart, the price has rebounded from the $3,200 support level and moved above $3,500. If the asset holds above this area, a rally towards the $4,000 level is expected in the short term. The RSI indicator also shows values above 50%, enhancing the likelihood of this scenario.

The 4-Hour Chart

The 4-hour chart presents a clearer view of recent price action but also highlights a potential bearish signal. While the market broke through the $3,500 level, the bearish divergence between recent price highs and the RSI should be considered. This divergence may lead to a pullback and retest of the $3,500 level before any further ascent.

The bearish divergence between recent price highs and the RSI may indicate a pullback.Edris Derakhshi

On-Chain Analysis

While Ethereum's price has remained above $3,000 in recent months, significant optimism among investors led to a correction and consolidation. The chart shows that funding rates have decreased, indicating a cooling sentiment in the futures market. This could result in a sustainable rally with adequate spot market demand.

Adequate spot market demand could lead to a sustainable rally.Edris Derakhshi

Ethereum is on track to reach $4,000 if it maintains key levels and the market shows adequate support.

0

Share

Other news

MAGACOINFINANCE: Key Crypto Project of 2025

MAGACOINFINANCE finds its place among the top 2025 crypto projects, standing out with its growth potential and relevant offerings.

user avatarGiorgi Kostiuk

a minute ago

BlockDAG Achieves Significant Funding Growth Following Beta Testnet Launch

BlockDAG successfully raised $5 million within 48 hours of its beta testnet launch, demonstrating a significant investor interest.

user avatarGiorgi Kostiuk

33 minutes ago

Analysis of Aptos, ONDO, and Qubetics: Promising Cryptos for 2025

Aptos, ONDO, and Qubetics have established themselves as key players in the cryptocurrency world in 2025.

user avatarGiorgi Kostiuk

34 minutes ago

BlockDAG Launches Testnet Mirroring Real World Tokenomics

BlockDAG's testnet models tokenomics while Dogecoin shows volatility and Ethereum Classic remains steady.

user avatarGiorgi Kostiuk

44 minutes ago

Atkins' SEC Nomination Advances in U.S. Senate Committee

Atkins' nomination progresses, hinting at potential regulatory shifts for digital assets.

user avatarGiorgi Kostiuk

an hour ago

US Tariffs May Hurt Global Economic Growth, Warns Carney

Canadian Prime Minister Mark Carney discusses the potential negative impacts of new US tariffs on the global economy.

user avatarGiorgi Kostiuk

an hour ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.