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Crypto Trends

Ethereum prices forms of upward rise. Can ETH reach $ 4000 by June?

PRICE ETAREUM is strongly strong, with about 5 % in the past week. Currently, Eth holds steadily near $ 2600 after a sharp recovery. This step follows a bullish outbreak of a descending triangle style inventory its previous gains. Ethereum succeeded in breaking the main resistance levels, reflecting the renewable power in the Altcoin market.

The last increase in Bitcoin price It brought more hope in the entire encryption industry. After spending some days near $ 2,500, Ethereum took its movement, which paid its price over 2600 dollars, which expected the rally.

ETHEREUM may rise more in the short term, thanks to the overall upward trend in the encryption market. The growing ups of ETHEREUM are clear in this price increase.

Ethereum price of $ 4000 eyes after the rise

Chefier analyst has tweet about the recent price movement at ETHEREUM price, highlighting strong gains over the past few weeks. The price has been unified in a narrow upper sponsorship style. This configuration follows the outbreak of an expanded wedge. The analyst expects an ongoing upward step by just wiped the flag.

Ethereum is expected to approach approximately $ 4000 in the near future. This indicates that investors have become more positive after the last period of monotheism. Many investors are watching the flag, pending any indication of the collapse. If it is proven that the expectations are correct, the direction of the upward price may continue in the short term.

The encryption expert indicates that the price of ETH maintains stability around the level of $ 2500. This price point is a base after the last market movements. The analysis highlights that ETH is within the standard of unification, and is suitable for a four -year market cycle. This stage appears to be the original preparation for a potential upward movement.

Looking forward to the future, the next price goal is determined on $ 4000. The graph shows a potential outbreak of the current range, indicating more gains in the coming months.

Can the ETH price maintain the momentum to reach $ 3500 and higher?

the Ether price He saw a slight recovery, trading at $ 2,639. The cryptocurrency has increased by 3 % in the past 24 hours.

The Relative Power Index Index, which is an indicator, indicates that there is a continuous upward activity because it closely exceeds 68, which tells us that the purchase activity is strong, but it began to go beyond defects.

While the MACD line continues to rise above the signal line, they approach each other, so investors should remain cautious, even if they hope to increase prices.

Ethereum prices forms of upward rise. Can ETH reach $ 4000 by June?
source: Tradingvief

If the bull market continues, ETH may face resistance at $ 3,000 and $ 3500 in the next few weeks. If the price of Ethereum decreases to less than $ 2,300, support may be found near the price of $ 2000.

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