ETH Next Target: $5,000

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ETH technical analysis update

ETH's price touched the trend support line on the weekly chart and has bounced 20% from it. The price also touched the April resistance level at $2,150, which is now acting as strong support.
Price dropped below 30 RSI in day chart, this could indicate the bottom for ETH. The 100 and 200 EMA act as agood support for ETH in weekly chart. We can expect a significant bullish move from the current level, with the potential to reach a new all-time high in the coming months.

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Hexa
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ETHUSDT price is bouncing from major support, indicating a strong bullish move ahead.

$5,000 could be reached soon.

ETH ETHUSD
Chart PatternsETHBTCetherEthereum (Cryptocurrency)ETHUSDethusdlongETHUSDTethusdtlongETHUSDTPERPhexatradesTechnical IndicatorsTrend Analysis

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