Ethereum Price Surges Above $4,100 with Resistance at $4,320
Ethereum Price Analysis
- Ethereum found support near $3,950 and is rising.
- The price surpassed $4,150 and is currently above $4,200.
- A bullish trend line is forming with support at $4,250 on the hourly chart.
- Resistance levels include $4,320 and $4,400, with a potential target of $4,500.
- If resistance at $4,320 holds, downside corrections may occur towards initial support at $4,250.
- Technical indicators show MACD gaining bullish momentum and RSI above 50.
