Ethereum Price Targets $3,900 Resistance Amid Recovery Attempts
Ethereum Price Update
- Ethereum is recovering from $3,700, currently trading above $3,850.
- The price faces resistance at $3,900 due to a bearish trend line.
- Further resistance levels are at $3,955 and $4,020, potentially pushing ETH toward $4,120 or $4,165 if surpassed.
- If unable to break $3,900 resistance, ETH might decline to support levels at $3,820, $3,800, or as low as $3,620.
- Technical indicators: MACD shows reduced bullish momentum; RSI is above 50.
