By analyzing the Ethereum chart on the weekly timeframe, we can see that after Bitcoin’s heavy dump, ETH also corrected and is now trading around $4,200.
Based on the previous analysis, the $3,300–$3,900 zone is still a key demand area. If the price enters this zone, I expect Ethereum to start its next bullish wave.
The possible upside targets for this rally are $5,100, $5,500, and $6,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Based on the previous analysis, the $3,300–$3,900 zone is still a key demand area. If the price enters this zone, I expect Ethereum to start its next bullish wave.
The possible upside targets for this rally are $5,100, $5,500, and $6,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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By analyzing the Ethereum chart on the weekly timeframe, we can see that the price is still trading around $4,170. I expect that once it enters the $3,300–$3,900 demand zone, buying pressure will increase and trigger the next bullish wave toward levels above $5,000.Based on the previous analysis, the mid-term targets are $5,100, $5,500, and $6,000.
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By analyzing the Ethereum chart on the weekly timeframe, we can see that the price is finally entering the $3,300–$3,900 demand zone. Soon, we should expect stronger buying pressure in this area. The possible upside targets for this move are $4,200, $4,600, $4,950, $5,500, and $6,000. Keep a close eye on how the price reacts to this key zone!Note
Ethereum dipped to around $3,800 before rebounding strongly, and it’s now trading close to the $4,000 level. This price action perfectly fits within the main analysis: ETH is reacting to the $3,300–$3,900 demand zone, where stronger buying pressure was expected.The overall bullish outlook remains valid. As long as ETH holds this key zone, the upside targets at $4,200, $4,600, $4,950, $5,500, and $6,000 are still on the table. Momentum is building step by step, and the next breakout could be decisive.
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⚜️ Free TG Channel : t.me/PriceAction_ICT
⚜️ Contact for VIP : t.me/ArmanShabanTrading
🎉 The Best Crypto Exchange ($100 Bonus) : lbank.com/ref/4Y77P
✅ One of the Best Forex Brokers (Lirunex) : bit.ly/4oCawfH
⚜️ Contact for VIP : t.me/ArmanShabanTrading
🎉 The Best Crypto Exchange ($100 Bonus) : lbank.com/ref/4Y77P
✅ One of the Best Forex Brokers (Lirunex) : bit.ly/4oCawfH
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
