π Ethereum Weekly Chart Update (ETH/USDT)
π ETH is currently trading around $4,797, up +13% today π.
π₯ It just smashed through resistance and is testing its all-time highs again.
π Technical signals:
β’ Momentum: Strong breakout with big green candles, signaling bulls in full control π.
β’ Moving averages: Price well above key MAs β very bullish structure β .
β’ RSI: Now around 74 β entering overbought zone β οΈ, so a pullback or consolidation is possible before further upside.
β’ MACD: Bullish crossover, confirming strong upward momentum π.
π Key levels to watch:
β’ Resistance: $4,800 β $5,000 π§
β’ Support: $4,000 β $4,200 π‘οΈ
β‘οΈ Summary: ETH is showing massive strength, riding bullish momentum towards a potential new ATH π. But RSI warns of short-term overbought conditions β expect possible dips before continuation.
π Next stop? If bulls break $5K, ETH could enter price discovery mode π.
π₯ Act safely and have fun π₯
β οΈ No investment advice. If you liked my post, please leave me a like.
$ETH$BTC$COIN (Coinbase Global Inc) πππ₯... Show More
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Sat Jan 24 2026 05:22:46 GMT+0000 (Coordinated Universal Time)
