Oh, Ethereum, you sly crypto fox! 🦊 After lounging around the $4,240 zone like it’s a pool party, ETH decided to put on its dancing shoes and boogie upwards. Now it’s chilling, sipping crypto cocktails, and eyeing the $4,400 mark like it’s the last slice of pizza. 🍕 Will it grab it? Stay tuned, folks!
- Ethereum’s got its eyes on the prize: breaking above $4,400 like it’s a piñata filled with Bitcoin. 🎉
- Trading above $4,320? Check. Above the 100-hourly Simple Moving Average? Double check. 📈
- It broke a bearish trend line at $4,330 faster than Mel Brooks breaks the fourth wall. 🎭
- If it settles above $4,380 and $4,400, it’s not just a rally-it’s a crypto carnival! 🎡
Ethereum’s Upside Break: The Sequel No One Saw Coming
After a dramatic recovery from the $4,220 zone (cue the heroic music 🎶), ETH climbed like a mountain goat on Red Bull. It smashed through $4,320 and $4,350 like they were made of paper-mâché. And that bearish trend line? Gone. Kaput. Like a bad joke at a party. 🥳
But wait, there’s more! ETH even peeked above $4,400 before a pullback. The recent low? $4,300. Now it’s flirting with the 50% Fib retracement level, because why not add some Fibonacci flair? 🌀
Currently, ETH is hanging out above $4,320 and the 100-hourly SMA, looking cool as a cucumber. 🥒 On the upside, $4,375 is the bouncer at the club, and $4,415 is the VIP section (76.4% Fib retracement, no less). 🕺
If ETH clears $4,450, it’s off to the races-$4,550, here we come! Break above that? $4,650 or even $4,800 might be next. It’s like a crypto choose-your-own-adventure book, but with more zeros. 📚
Or Will ETH Take the Stairs Down? 🛑
But hey, if ETH can’t clear $4,415, it might trip and fall into a fresh decline. First stop? $4,335. Then $4,280. Below that? $4,240 and $4,220 are waiting like old friends you didn’t invite. 🤷♂️
And if it keeps sliding? $4,160 is the safety net. But let’s hope it doesn’t need it, because that’s a long way down. 🪂
Technical Indicators: The Crystal Ball Edition 🔮
Hourly MACD – Losing momentum in the bearish zone. It’s like it’s thinking, “Should I stay or should I go?” 🎶
Hourly RSI – Above 50. It’s feeling bullish, but not too bullish. Just the right amount of bullish. 🐂
Major Support Level – $4,335: The safety net. 🕸️
Major Resistance Level – $4,415: The final boss. 👾
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2025-09-11 06:25