Ethereum Rises, But Does Not Cross The $3,750 Hurdle

Ethereum’s price has been climbing steadily, currently trading at $3,730 after recovering from support at $3,300. The next major target is $4,094, with the potential to reach $5,200 if it breaks through this resistance. However, Ether may face consolidation below $4,094 if momentum weakens. Immediate resistance is seen at $3,750.

Ethereum’s price is above the moving average lines, suggesting the uptrend may continue. On the 4-hour chart, the moving averages slope upward, and doji candlesticks signal steady growth.

Ether’s next move depends on its ability to break through $3,750 and $3,900 resistances. A successful push past these levels could see it rise to $4,000 and beyond. Show Less

https://coinidol.com/ethereum-3750-hurdle/
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