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{"id":662034,"date":"2024-12-13T03:18:02","date_gmt":"2024-12-13T03:18:02","guid":{"rendered":"https:\/\/uniquehot.com\/?p=662034"},"modified":"2024-12-13T02:57:48","modified_gmt":"2024-12-13T02:57:48","slug":"ethereum-price-aims-higher-4000","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-aims-higher-4000\/","title":{"rendered":"Ethereum Price Aims Higher: A Smooth Path To $4,000 and Beyond?"},"content":{"rendered":"

Ethereum price started a decent increase above the $3,750 zone. ETH is consolidating gains and might aim for a move above the $3,980 resistance zone.<\/em><\/p>\n

\n
Ethereum started a decent increase above $3,750 and $3,800.<\/li>\n
The price is trading below $3,800 and the 100-hourly Simple Moving Average.<\/li>\n
There is a connecting bullish trend line forming with support at $3,840 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n
The pair could continue to move up if it clears the $3,950 and $3,980 resistance levels.<\/li>\n<\/ul>\n
Ethereum Price Outpaces Bitcoin<\/h2>\n
Ethereum price remained stable and extended gains above $3,750 beating Bitcoin<\/a>. ETH was able to climb above the $3,800 and $3,880 resistance levels.<\/p>\n
The bulls pushed the pair above the $3,920 and $3,950 resistance levels. A high was formed at $3,988 and the price is now consolidating gains. There was a minor decline below the $3,920 level. The price even dipped below the 23.6% Fib retracement level of the upward move from the $3,527 swing low to the $3,988 high.<\/p>\n
Ethereum price is now trading above $3,800 and the 100-hourly Simple Moving Average<\/a>. There is also a connecting bullish trend line forming with support at $3,840 on the hourly chart of ETH\/USD.<\/p>\n
On the upside, the price seems to be facing hurdles near the $3,950 level. The first major resistance is near the $3,980 level. The main resistance is now forming near $4,000. A clear move above the $4,000 resistance might send the price toward the $4,150 resistance.<\/p>\n
$\"Ethereum$ <\/a>
Source: ETHUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
An upside break above the $4,150 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,250 resistance zone or even $4,320.<\/p>\n
Another Decline In ETH?<\/h2>\n
If Ethereum fails to clear the $3,980 resistance, it could start another decline. Initial support on the downside is near the $3,840 level and the trend line. The first major support sits near the $3,750 zone or the 50% Fib retracement level of the upward move from the $3,527 swing low to the $3,988 high.<\/p>\n
A clear move below the $3,750 support might push the price toward the $3,665 support. Any more losses might send the price toward the $3,550 support level in the near term. The next key support sits at $3,500.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n
Hourly RSI – <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n
Major Support Level \u2013 $3,840<\/p>\n
Major Resistance Level \u2013 $3,980<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum price started a decent increase above the $3,750 zone. ETH is consolidating gains and might aim for a move above the $3,980 resistance zone. Ethereum started a decent increase above $3,750 and $3,800. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,840 on the hourly chart of ETH\/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,950 and $3,980 resistance levels. Ethereum Price Outpaces Bitcoin Ethereum price remained stable and extended gains above $3,750 beating Bitcoin. ETH was able to climb above the $3,800 and $3,880 resistance levels. The bulls pushed the pair above the $3,920 and $3,950 resistance levels. A high was formed at $3,988 and the price is now consolidating gains. There was a minor decline below the $3,920 level. The price even dipped below the 23.6% Fib retracement level of the upward move from the $3,527 swing low to the $3,988 high. Ethereum price is now trading above $3,800 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $3,840 on the hourly chart of ETH\/USD. On the upside, the price seems to be facing hurdles near the $3,950 level. The first major resistance is near the $3,980 level. The main resistance is now forming near $4,000. A clear move above the $4,000 resistance might send the price toward the $4,150 resistance. An upside break above the $4,150 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,250 resistance zone or even $4,320. Another Decline In ETH? If Ethereum fails to clear the $3,980 resistance, it could start another decline. Initial support on the downside is near the $3,840 level and the trend line. The first major support sits near the $3,750 zone or the 50% Fib retracement level of the upward move from the $3,527 swing low to the $3,988 high. A clear move below the $3,750 support might push the price toward the $3,665 support. Any more losses might send the price toward the $3,550 support level in the near term. The next key support sits at $3,500. Technical Indicators Hourly MACD \u2013 The MACD for ETH\/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH\/USD is now above the 50 zone. Major Support Level \u2013 $3,840 Major Resistance Level \u2013 $3,980<\/p>\n","protected":false},"author":67,"featured_media":648418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83362],"tags":[65296,1946,8686,78803],"class_list":["post-662034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Price Aims Higher: A Smooth Path To $4,000 and Beyond?<\/title>\n<meta name=\"description\" content=\"Ethereum price started a decent increase above the $3,750 zone. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Price Aims Higher: A Smooth Path To $4,000 and Beyond?","url":"http:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-aims-higher-4000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/eth\/ethereum-price-aims-higher-4000\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Ethereum-Upside.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Ethereum-Upside.jpg?fit=1792%2C1024"},"articleSection":"ETH","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethbtc","ethereum","ethusd","ethusdt"],"dateCreated":"2024-12-13T03:18:02Z","datePublished":"2024-12-13T03:18:02Z","dateModified":"2024-12-13T03:18:02Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Price Aims Higher: A Smooth Path To $4,000 and Beyond?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/eth\\\/ethereum-price-aims-higher-4000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/eth\\\/ethereum-price-aims-higher-4000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Ethereum-Upside.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/Ethereum-Upside.jpg?fit=1792%2C1024\"},\"articleSection\":\"ETH\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethbtc\",\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2024-12-13T03:18:02Z\",\"datePublished\":\"2024-12-13T03:18:02Z\",\"dateModified\":\"2024-12-13T03:18:02Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/Ethereum-Upside.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/662034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=662034"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/662034\/revisions"}],"predecessor-version":[{"id":662036,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/662034\/revisions\/662036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/648418"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=662034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=662034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=662034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}