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💥 ETH on the Edge — $5K Target Within Reach Ethereum has r

F A R U K

Updated at: 5 hours ago

{"content":"💥 ETH on the Edge — $5K Target Within Reach Ethereum has rallied strongly after holding key support at $4,500, pushing past $4,550 and $4,650 with solid momentum. The price is now trading above $4,700 and the 100-hour Simple Moving Average, following a bullish trend line with support at $4,480. After breaking the $4,700 resistance, ETH tested $4,780 before entering consolidation. It’s holding above the 23.6% Fib retracement of the $4,170–$4,782 move, keeping bullish sentiment intact. Upside Levels to Watch: Resistance sits first at $4,780, followed by $4,840. A clear move above $4,880 could spark a surge toward $4,950, with potential to hit $5,000 or even $5,150 in the coming sessions. Downside Risk: If ETH fails to break $4,780, initial support is at $4,700, with stronger support at $4,650. A break below could target $4,550 and then $4,480. Major downside support remains at $4,350. Technical Signals: MACD: Gaining strength in the bullish zone. RSI: Above 50, supporting bullish momentum. Major Support: $4,650 Major Resistance: $4,780 #ETH5kNext? #ETHRally ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/14/d14da1c73a901f775b0aa23b0654c923.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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