Ethereum Price Predication – A Move Through to $4,100 Would Bring $4,300 Levels into Play
This is the mid-session tech analysis for Ethereum (ETH). We will be looking at movements through the morning session and today’s support, resistance, pivot levels, and Fibonacci’s. Additionally, we will look at the EMAs and the key levels for the 2nd half of the day.
The Morning Session
At the time of writing, Ethereum (ETH) was up by 1.34% to $4,075.
A mixed start to the day saw Ethereum fall to a mid-morning low $3,980. Steering clear of the first major support level at $3,744 and the 23.6% FIB of $3,738, Ethereum rose to a late morning high $4,087.
In spite of the late morning rally, Ethereum fell well short of the first major resistance level at $4,198.
Key through the morning, however, was avoiding the day’s $3,921 pivot and bouncing back to $4,000 levels.