Ethereum Price Prediction: Analysts Track $4,200 Support As Liquidity Clusters Signal Whale Targets 🐋
Ethereum is currently priced around $4,505, with traders focused on its proximity to resistance at $4,600. There is significant interest in whether whales will defend the lower liquidity zones or strive for a breakout into higher ranges.
Attention is drawn to the $4,000–$4,200 support region, identified through liquidity heatmaps. The subsequent critical area of resistance lies between $4,600 and $4,700, presenting a major test for Ethereum's price trajectory.
This analysis comes amidst market observations of potential whale targets and liquidity clusters influencing Ethereum's course.
Source: coinedition.com ↗
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