Ethereum Could Target $5,000 If $3,800–$3,900 Support Holds Amid Rising Volatility 📈
Ethereum is currently testing the crucial support level between $3,800 and $3,900. If this support holds, the cryptocurrency could rebound toward the $5,000 mark, driven by increasing market volatility and traders repositioning their assets.
In the short term, Ethereum may experience retests to the lower $3,500–$3,600 range, possibly purging weaker long positions. This period marks a critical juncture for Ethereum's price trajectory, as traders closely monitor the support zone's stability and the potential for an upward move.
Source: en.coinotag.com ↗
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