Ethereum Retests $3,500 Support as Analysts Suggest Reclaiming $4,868 Could Unlock $6,800–$8,000 Targets 📈
Ethereum is currently undergoing a retest of its critical $3,500 support level following a breakout. This level now acts as a dividing line between a further bullish trend and potential consolidation.
Analysts suggest that if Ethereum's weekly candles can sustain above the $3,500 mark, and the cryptocurrency manages to reclaim the $4,868 level, we could see targets opening up in the $6,800 to $8,000 range.
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