Ethereum Could Target $5,766 If It Clears $4,955 Resistance, With $3,876 as Key Support 📈
Ethereum is currently trading at approximately $4,515, maintaining its position above the critical support level of $3,876. An immediate resistance is noted at $4,955, and if the price decisively breaks this level, Ethereum could potentially target a value of $5,766. This is identified as the 50% Fibonacci level. Further growth could see the cryptocurrency reaching $6,658, representing the 61.8% Fibonacci retracement.
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