Ethereum Eyes $4,000 – Is the Bull Run Continuing?
The post Ethereum Eyes $4,000 – Is the Bull Run Continuing? appeared on BitcoinEthereumNews.com.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is steadily aiming for the psychological price of $4,000. With an 8% gain in the past week, ETH currently trades at $3,400. Analysts see $3,800 and $4,000 as critical targets, while $3,000 provides strong support. Ethereum’s Journey Toward $4,000 Ethereum has been on a steady upward trajectory, gaining 8% over the past week. Currently priced at $3,400, the token is only $600 away from the highly anticipated $4,000 milestone. Investors are closely monitoring price movements as ETH maintains its bullish momentum. ETH/USD 4-hours chart – TradingView Key Support Levels for Ethereum The $3,000 mark acts as a strong support level for Ethereum. If prices fall below this level, ETH could face further declines. However, such a scenario would likely coincide with Bitcoin losing its momentum and breaking below $95,000, signaling broader market corrections. Ethereum Price Prediction: What’s Next? The immediate targets for Ethereum are $3,800 and the psychological barrier of $4,000. If ETH breaks through these levels, it could pave the way for new highs, fueled by strong investor confidence and growing adoption of the Ethereum network. ETH/USD 4-hours chart – TradingView How to Trade Ethereum on Bitget If you’re looking to trade Ethereum, Bitget offers a seamless and user-friendly platform. Follow these steps to get started: Open an Account: Visit the Bitget website and sign up using your email address or phone number. Complete Verification: Verify your identity by providing the required documents for KYC (Know Your Customer) compliance. Make Your First Deposit: Fund your account using fiat currencies or cryptocurrencies. Bitget supports a wide range of payment methods. Start Trading Ethereum: Navigate to the trading section, search for Ethereum (ETH), and place your trades using market or limit orders. Source: https://cryptoticker.io/en/ethereum-targets-4000-before-2025/
Filed under: News - @ November 24, 2024 2:23 pm