Ethereum is at a strong level on the weekly timeframe, but the $4,000 resistance remains a key hurdle, acting as both a psychological and static resistance.
However, if it breaks through, Ethereum could see a solid rally in the mid-term, potentially gaining around 40-50%.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.