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Ethereum's $4,800 Resistance: The First Step Towards a $10,000 Target

Coin Türk

The $4,800-$5,000 range stands out as a critical resistance point for a new upward movement in Ethereum.

The $4,800-$5,000 range emerges as a crucial resistance point for a new upward movement in Ethereum.

  • ETH encounters significant resistance in the $4,800-$5,000 range.
  • Despite maintaining a long-term support level, a strong weekly close has not been achieved.
  • A sustained upward trend has not begun as long as critical resistance remains unbroken.

The $4,800-$5,000 range in Ethereum represents a significant barrier for upward price movement; breaking through this level could support a potential bullish trend.

Ethereum's $4,800 Resistance: The First Step Towards a $10,000 Target | Fomogram