โ๐จ Breaking: Ethereum (ETH) is surging and recording an increase of more than 8%!
โWe are now monitoring a critical moment on the 4-hour frame, where the price stands at $2,993 trying to break the psychological barrier at $3,000.
โ๐ A quick technical overview of the chart:
1๏ธโฃ Positive momentum: A very strong green candle confirms the return of buyers' (bulls) control after bouncing from a low of $2,800.
2๏ธโฃ Important alert (RSI): The Relative Strength Index reached a level of 69.82 (on the verge of being overbought). This means that the momentum is very strong, but we may need a short break or some fluctuation before completing the rise.
โ๐ฏ Roadmap and targets:
The key now is to close above $3,000. If that happens, we expect:
๐ฅ First quick target: $3,033
๐ฅ Main target: $3,112 (testing the previous peak).
โ๐ก๏ธ Protection zone: The most important support currently is $2,900.
โWill Ethereum succeed in breaking the 3K today? Share your prediction! ๐ฅ๐
โโ ๏ธ Note: Technical analysis for educational purposes only and not financial advice. DYOR
โ$ETH #Ethereum #Bitcoin #Binance #HotTrends #TechnicalAnalysis
