- What's next for the Ethereum price❓
- What's next for the Ethereum price❓
On the D1 chart, Ethereum prices clearly moved upwards during yesterday's session. The price managed to break through the key short-term resistance, i.e. the average of the last 100 periods, marked on the chart with a blue line. If the price remains above this average, a move towards resistance at $3,544 is possible, where the upper limit of the 1 to 1 geometry is located. Breaking through this level could pave the way for further gains. On the other hand, a rapid return of the price below the 100-period average could result in a renewed downward movement towards the support zone at $2,850.
Ethereum – D1 interval | Source: xStation 5
On the lower H4 interval, in line with yesterday's analysis, the upward scenario began to materialise after rebounding from the support zone at $3,075. Despite the earlier breach of local geometry, the price managed to set a new high, which suggests a local upward trend since mid-December. For this to be negated, the price would have to return below $3,075, which is not the baseline scenario at this point.
Ethereum – H4 interval | Source: xStation5
BREAKING: Crude inventories surge against expectations; Oil maintains strong gains
US Open: Indexes Stop on PPI, Banks in the Shadow of Data
BREAKING: US consumer spending stays strong into late 2025 📈📌
BREAKING: US100 slides 0.5% ahead of a U.S. Supreme Court decision and key macro data 🚨
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.