Ethereum Price Near Breakout: What's next?
2024-12-09

Hello traders,  

Exciting news for Ethereum enthusiasts! ETH price has surged to its highest point since March and approaching a crucial resistance level of $4,080. Breaking this resistance could pave the way for Ethereum to retest its ATH.  

A breakout above $4,080 could signal a strong bullish trend, potentially opening the road to $4,800. This isn't just great news for Ethereum - it could also spark momentum for other altcoins, creating more trading opportunities across the market.  

After touching resistance level at 4080, ETH price started to correct a little bit and can drop up to 3740 support level, from where it can resume its uptrend.

Feel free to share your thoughts in the comments below and don’t forget to boost this idea.

Happy trading! 