Ethereum's price is exhibiting significant upward momentum, currently trading above $3,550. This positive movement has identified key resistance levels at $3,750 and $3,800, which are crucial for further upward movement.
A bullish trend line is forming with support around the $3,700 mark, providing a stable base for Ethereum's upward trajectory.
Technical indicators suggest that the cryptocurrency might continue its positive momentum, with a potential target price of $4,000 if it manages to break through $3,880.
Ethereum's recent price movement highlights the renewed strength within its trading sessions, as bulls actively push the price higher.
