\n

If the top limit of the symmetrical triangle proves to be a decent support level, it may help ETH overcome the obstacle between $4,000 and $4,100\u2014a significant level that traders have identified as a major selling zone.<\/p>\n\n\n\n

A break over this level could cause ETH to test its all-time high barrier of $4,868 as the Relative Strength Index (RSI) exceeds its neutral level, indicating a strong bullish attitude.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-the-100k-psychological-resistance-turns-into-support-for-btc-eth-eyeing-a-bullish-breakout-above-4k","to_ping":"","pinged":"","post_modified":"2024-12-16 21:35:26","post_modified_gmt":"2024-12-16 10:35:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19893","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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By subscribing, you agree with our privacy and terms.

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\n

Ethereum is trading over the upper boundary of a symmetrical triangle formation, following a long-tail candle that bounced off the $3,550 support level. The candle demonstrates that bears were unable to hold prices low following ETH's steep plunge earlier in the week.<\/p>\n\n\n\n

If the top limit of the symmetrical triangle proves to be a decent support level, it may help ETH overcome the obstacle between $4,000 and $4,100\u2014a significant level that traders have identified as a major selling zone.<\/p>\n\n\n\n

A break over this level could cause ETH to test its all-time high barrier of $4,868 as the Relative Strength Index (RSI) exceeds its neutral level, indicating a strong bullish attitude.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-the-100k-psychological-resistance-turns-into-support-for-btc-eth-eyeing-a-bullish-breakout-above-4k","to_ping":"","pinged":"","post_modified":"2024-12-16 21:35:26","post_modified_gmt":"2024-12-16 10:35:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19893","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"ETH
ETH\/USD<\/a> needs a breakout above $4K or below $3.5K to settle with the upcoming market bias. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

Ethereum is trading over the upper boundary of a symmetrical triangle formation, following a long-tail candle that bounced off the $3,550 support level. The candle demonstrates that bears were unable to hold prices low following ETH's steep plunge earlier in the week.<\/p>\n\n\n\n

If the top limit of the symmetrical triangle proves to be a decent support level, it may help ETH overcome the obstacle between $4,000 and $4,100\u2014a significant level that traders have identified as a major selling zone.<\/p>\n\n\n\n

A break over this level could cause ETH to test its all-time high barrier of $4,868 as the Relative Strength Index (RSI) exceeds its neutral level, indicating a strong bullish attitude.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-the-100k-psychological-resistance-turns-into-support-for-btc-eth-eyeing-a-bullish-breakout-above-4k","to_ping":"","pinged":"","post_modified":"2024-12-16 21:35:26","post_modified_gmt":"2024-12-16 10:35:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19893","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

<\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
\"ETH
ETH\/USD<\/a> needs a breakout above $4K or below $3.5K to settle with the upcoming market bias. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

Ethereum is trading over the upper boundary of a symmetrical triangle formation, following a long-tail candle that bounced off the $3,550 support level. The candle demonstrates that bears were unable to hold prices low following ETH's steep plunge earlier in the week.<\/p>\n\n\n\n

If the top limit of the symmetrical triangle proves to be a decent support level, it may help ETH overcome the obstacle between $4,000 and $4,100\u2014a significant level that traders have identified as a major selling zone.<\/p>\n\n\n\n

A break over this level could cause ETH to test its all-time high barrier of $4,868 as the Relative Strength Index (RSI) exceeds its neutral level, indicating a strong bullish attitude.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-the-100k-psychological-resistance-turns-into-support-for-btc-eth-eyeing-a-bullish-breakout-above-4k","to_ping":"","pinged":"","post_modified":"2024-12-16 21:35:26","post_modified_gmt":"2024-12-16 10:35:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19893","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • Breaking above this zone may push ETH to retest the immediate resistance at $4,3850.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> needs a breakout above $4K or below $3.5K to settle with the upcoming market bias. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

    Ethereum is trading over the upper boundary of a symmetrical triangle formation, following a long-tail candle that bounced off the $3,550 support level. The candle demonstrates that bears were unable to hold prices low following ETH's steep plunge earlier in the week.<\/p>\n\n\n\n

    If the top limit of the symmetrical triangle proves to be a decent support level, it may help ETH overcome the obstacle between $4,000 and $4,100\u2014a significant level that traders have identified as a major selling zone.<\/p>\n\n\n\n

    A break over this level could cause ETH to test its all-time high barrier of $4,868 as the Relative Strength Index (RSI) exceeds its neutral level, indicating a strong bullish attitude.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-the-100k-psychological-resistance-turns-into-support-for-btc-eth-eyeing-a-bullish-breakout-above-4k","to_ping":"","pinged":"","post_modified":"2024-12-16 21:35:26","post_modified_gmt":"2024-12-16 10:35:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19893","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • If the current bullish momentum persists, ETH could challenge the $4,000\u2013$4,100 resistance zone.<\/li>\n\n\n\n
  • Breaking above this zone may push ETH to retest the immediate resistance at $4,3850.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> needs a breakout above $4K or below $3.5K to settle with the upcoming market bias. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

    Ethereum is trading over the upper boundary of a symmetrical triangle formation, following a long-tail candle that bounced off the $3,550 support level. The candle demonstrates that bears were unable to hold prices low following ETH's steep plunge earlier in the week.<\/p>\n\n\n\n

    If the top limit of the symmetrical triangle proves to be a decent support level, it may help ETH overcome the obstacle between $4,000 and $4,100\u2014a significant level that traders have identified as a major selling zone.<\/p>\n\n\n\n

    A break over this level could cause ETH to test its all-time high barrier of $4,868 as the Relative Strength Index (RSI) exceeds its neutral level, indicating a strong bullish attitude.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-the-100k-psychological-resistance-turns-into-support-for-btc-eth-eyeing-a-bullish-breakout-above-4k","to_ping":"","pinged":"","post_modified":"2024-12-16 21:35:26","post_modified_gmt":"2024-12-16 10:35:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19893","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Ethereum ETFs are seeing record inflows, with BlackRock and Fidelity leading the charge, contributing $3.19 billion and $1.37 billion, respectively.<\/li>\n\n\n\n
  • If the current bullish momentum persists, ETH could challenge the $4,000\u2013$4,100 resistance zone.<\/li>\n\n\n\n
  • Breaking above this zone may push ETH to retest the immediate resistance at $4,3850.<\/li>\n<\/ul>\n\n\n\n

    <\/a>Ethereum Technical Analysis<\/h2>\n\n\n\n
    \"ETH
    ETH\/USD<\/a> needs a breakout above $4K or below $3.5K to settle with the upcoming market bias. Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

    Ethereum is trading over the upper boundary of a symmetrical triangle formation, following a long-tail candle that bounced off the $3,550 support level. The candle demonstrates that bears were unable to hold prices low following ETH's steep plunge earlier in the week.<\/p>\n\n\n\n

    If the top limit of the symmetrical triangle proves to be a decent support level, it may help ETH overcome the obstacle between $4,000 and $4,100\u2014a significant level that traders have identified as a major selling zone.<\/p>\n\n\n\n

    A break over this level could cause ETH to test its all-time high barrier of $4,868 as the Relative Strength Index (RSI) exceeds its neutral level, indicating a strong bullish attitude.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: The $100K Psychological Resistance Turns Into Support For BTC, ETH Eyeing A Bullish Breakout Above $4K","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-the-100k-psychological-resistance-turns-into-support-for-btc-eth-eyeing-a-bullish-breakout-above-4k","to_ping":"","pinged":"","post_modified":"2024-12-16 21:35:26","post_modified_gmt":"2024-12-16 10:35:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19893","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n