Ethereum, that little coin with dreams bigger than a giant’s breakfast, has found a cozy spot near $3,680. Like a stubborn cat, it’s now stretching its paws and might just prance upward to flirt with the mighty $4,000! 🐱💸
- ETH decided to wake up and romp past the boring old $3,740 and $3,800 like a toddler after too much sugar.
- Now it’s strutting above $3,820 and a magical line called the 100-hourly Simple Moving Average — whatever that means, but it sounds fancy!
- It broke out of a bearish trend line, like escaping a boring lecture, with resistance at $3,810 on the hourly chart, probably giving the bears a good snooze.
- If ETH stays above $3,800 in the next act, it could start moonwalking higher, maybe even in a Rockets-Red-Glare fashion! 🚀
Ethereum Seeks the Sun — Will It Shine Bright?
But hold onto your hats! ETH had a little tiff with the $3,940 level, dropping lower than a limbo dancer under a stick, dipping below $3,900 and $3,800 like a teenager avoiding chores.
Even managed to push itself below a fib retracement — that’s fancy talk for trying to be a trapeze artist — testing $3,680 as if daring it to fall further.
Thankfully, the brave bulls grabbed their lasso at 61.8% retracement and pulled ETH back up to above $3,750—like a hero saving the day!
Meanwhile, ETH is now trading above $3,820 and seems to be eyeing a couple of hurdle hurdles at $3,880 and $3,920. If it clears those, watch out—$3,940 might just be its next big encore. Clearing that could launch it toward $3,980—or maybe even the stars at $4,050 or so! ✨
If ETH breaks through $3,980, it might just have a party in the $4,050 to $4,120 zone — perhaps a little dance on the moon, if you believe in that sort of thing. 🚀🌙
Uh-oh, Is ETH Playing Hard to Get?
If ETH decides not to leap over $3,880, it might take a quick nap back down to $3,800 or even a cozy $3,720. Considering a further snooze, it could drift all the way to $3,680 or even a shy $3,565. Support levels are like safety nets—just in case ETH decides to play somewhere else! 😴
Tech talk time! The Hourly MACD is flexing muscles in bullish land, and RSI is somewhere above 50—so, it’s feeling pretty confident… or just likes hanging out in the “maybe up” zone.
Mark your calendar: Support at $3,800, resistance at $3,880. Will ETH dance between? Only time will tell… or perhaps your magic eight ball. 🧙♂️
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2025-07-31 07:18