Ethereum Price Prediction: Can ETH Break $4,300 to Reach the $4,565 Target?
- Ethereum holds $4,182 support, eyeing breakout at $4,300 toward higher Fib targets
- Persistent exchange outflows highlight strong accumulation and reduced selling pressure
- Failure to defend $4,182 risks bearish momentum, with $3,820 as critical demand zone
Ethereum has regained strength in recent sessions, bouncing off key support levels and displaying resilience across technical and on-chain metrics. After a sharp defense near $3,820, buyers quickly stepped in to establish a solid base. This recovery has positioned ETH to challenge new resistance zones while exchange activity suggests growing confidence among long-term holders.
Technical Structure Strengthens Around $4,300
On the 4-hour chart, Ethereum reclaimed the $4,182 level, which coincides with the 0.382 Fibonacci retracement. This area now acts as immediate support and will be crucial for maintaining mome…
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Ethereum Price Prediction: Can ETH Break $4,300 to Reach the $4,565 Target?
- Ethereum holds $4,182 support, eyeing breakout at $4,300 toward higher Fib targets
- Persistent exchange outflows highlight strong accumulation and reduced selling pressure
- Failure to defend $4,182 risks bearish momentum, with $3,820 as critical demand zone
Ethereum has regained strength in recent sessions, bouncing off key support levels and displaying resilience across technical and on-chain metrics. After a sharp defense near $3,820, buyers quickly stepped in to establish a solid base. This recovery has positioned ETH to challenge new resistance zones while exchange activity suggests growing confidence among long-term holders.
Technical Structure Strengthens Around $4,300
On the 4-hour chart, Ethereum reclaimed the $4,182 level, which coincides with the 0.382 Fibonacci retracement. This area now acts as immediate support and will be crucial for maintaining mome…
Read The Full Article Ethereum Price Prediction: Can ETH Break $4,300 to Reach the $4,565 Target? On Coin Edition.
Read More