Ethereum Near $3,840 With Institutional Support Suggesting Potential Move Toward $4,000
The post Ethereum Near $3,840 With Institutional Support Suggesting Potential Move Toward $4,000 appeared on BitcoinEthereumNews.com.
Ethereum is trading near $3,840, supported by strong institutional backing and a Strategic Reserve surpassing $10 billion, indicating potential for a bullish breakout toward the $4,000 level. RSI at 45.74 signals neutral momentum, with no immediate overbought or oversold conditions. Strategic Reserve backed by 65 institutions now holds over $10 billion, reinforcing long-term confidence. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Ethereum nears $3,840 with strong institutional support and a $10B Strategic Reserve, signaling bullish momentum. Stay updated on ETH price trends and market insights. Ethereum Price Approaches Key Resistance with Bullish Institutional Backing Ethereum (ETH) is currently trading near a critical resistance level at approximately $3,834 as of July 31, 2025. After a swift recovery from a low of $3,675, the asset has gained 1.45% in the past 24 hours, demonstrating sustained interest from market participants. The price zone between $3,800 and $4,000 acts as both a psychological and technical barrier, where profit-taking and sell orders have created short-term caution among traders. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ?…
Filed under: News - @ July 31, 2025 10:25 pm