menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Ethereum E...
source image

Coindoo

1M

read

157

img
dot

Image Credit: Coindoo

Ethereum Eyes $4,200 as Bullish Signals and Golden Cross Align 

  • Ethereum is showing strong technical signals indicating potential further upside with $4,200 as the next target.
  • Trader Merlijn The Trader points out a Golden Cross on the daily chart, suggesting a bullish trend.
  • Titan of Crypto mentions a broadening wedge pattern on the weekly chart with upper resistance near $4,200.
  • On-chain data supports the bullish outlook with the Put/Call open interest ratio at 0.43 and volume ratio at 0.63.
  • Chart patterns, moving averages, and derivatives positioning all align bullishly for Ethereum.
  • If momentum continues, Ethereum could break through resistance and rally towards $4,200 in the near future.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app