Ethereum Price Don Pass $4,550 as Bulls Dey Target $4,720
Ethereum price don extend im recovery from low levels near $4,220 and e don clear 100-hour SMA plus main bearish trendline at $4,330. After e test $4,415 again, di bulls don break above $4,550 and push ETH pass the 50% Fib retracement wey they calculate from the drop wey happen from $4,765 to $4,416. Technical indicators dey show say e dey bullish: hourly MACD don turn positive and RSI still remain above 50. Immediate resistance levels dey at $4,635 (61.8% Fib), $4,680 and $4,720. If e break clean pass $4,720, e fit open road go $4,750 plus the $4,850–$4,880 area. For downside, support levels dey cluster for $4,580, $4,535 and $4,500, with major support near $4,350 and lower floors at $4,335, $4,280 and $4,240.
Bullish
Di combine analysis dey show say Ethereum price don clear plenty resistance levels and e dey hold above 100-hour SMA, with MACD and RSI signals wey dey bullish confirm say momentum dey go up. Short-term traders fit see clear road go $4,720 and beyond, dem dey target $4,750 and the $4,850–$4,880 zone. Key support levels around $4,580–$4,500 and $4,350 floor dey reduce downside risk, make di outlook dey bullish for near-term and medium-term. If e continue strong pass $4,680, e go confirm say market confidence broad, but if e no fit clear dis barrier, e fit trigger wahala e go fall back to $4,420.