We are seeing a significant potential for a bullish trend to persist on ETHEREUM, the current setup appears encouraging, indicating a possible bullish breakout.
To take advantage of the upcoming bullish momentum, it's advisable to wait for a breakout above the 3945 - 4110 blue range. A bullish violation of this area will likely lead to further growth towards the all-time high.
Obviously, ETHEREUM is somewhat overbought in the short term, but we have also observed a corrective movement from the highlighted resistance level first.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.