CandleFocus Ethereum Price Momentum Strong Above $4,000, Targets $4,500 Next
2024-12-17
Author: Content Editor
The price of Ethereum has surpassed $4,000 and is being supported by strong buying and solid support levels. Data from IntoTheBlock shows that 7.2 million ETH were purchased just below $4,000, indicating significant demand and suggesting that the price may stay above this level. Justin Sun's large withdrawal of over 52,000 ETH from Lido Finance adds to Ethereum's momentum, along with his previous purchase of 392,474 ETH. The current price of Ethereum is $4,025.5, reflecting a daily gain of 0.92%. The price is consolidating around $4,000 and faces key resistance levels at $4,050 and $4,100. A break above these levels could lead to further gains, with a possible target of $4,500. Immediate support is found at $3,800, followed by $3,600. The Relative Strength Index (RSI) suggests that Ethereum still has room for growth, but traders should be cautious of a possible bearish divergence if the RSI falls while the price continues to rise. The MACD indicator also shows signs of weakening momentum, indicating a potential consolidation or pullback. This article does not constitute financial advice.
Related News
What’s Next for MOCA? Whale Buy 9.5M MOCA Tokens Following Upbit Listing Hypes Ethereum Game 'Kaidro' Launching Ronin Token This Week Shiba Inu (SHIB) Price Prediction for December 18 Bitcoin ETFs flip gold funds in AUM: K33 Research Stand with Crypto advocates flood Senate with 107,000 emails opposing SEC Crenshaw's renomination Namada proposal seeks approval for NAM airdrop to Coin Center donors Virtuals Protocol token, VIRTUAL, drops 16%: is the bullish momentum over? PLAY Partners with Telefónica Innovación Digital for Player Migration Onchain Former finance minister says Germany is not recognizing Bitcoin’s value Bitwise launches solana staking ETP in Europe as US applications linger French Regulators Target Unregistered Crypto ATMs Ahead of MiCA Implementation Deadline Cassette releases v0.2.0 with new NeoNS integration and custom URL feature Nvidia stock tanks on FUD, competition spike The Unit Denomination of Bitcoin Does Not Need To Change Whale Swaps 348 ETH for 1.99M SPX6900 Tokens, Igniting Market Attention on SPX What Would Happen on Binance If Recently Listed Altcoins Were Bought on the First Listing Day? There is a Development in the Altcoin Suing Coinbase for Being Delisted: Coinbase Responded Bitget Token (BGB) Surges to New All-Time High with $4 Price Target in Sight Ethereum (ETH) In for ‘Renewed Upside’ After Continued Stability, Says Crypto Analyst – Here’s His Outlook US Financial Advisors Who May Shape the Fate of Cryptocurrencies Speak: Have They Warmed To Cryptocurrencies After The Recent Rally? John Deaton Calls for Transparency On Hinman Case Coinbase Says It Nixed wBTC Because Justin Sun Posed 'Unacceptable Risk' Can Solana Price Hit $1,000? Bitwise predicts Ethereum revival in 2025 driven by institutional interest, RWA growth USDT Transfer Volume on TRON Reaches All-Time High of $587.2B Bitcoin on the Brink: Taproot Wizard Calls for Action, Taaki Demands Core Disbandment Pudgy Penguins Launches PENGU on Solana With 88-Day Claim Period; Price Soars Over 800% President Biden proposes ban on congressional stock trading: Report ENS Price Nears $34 Zone:Buyers Eye Breakout to $69 8 Out of 10: Coingecko Research Report Uncovers Crypto's Festive 'Santa Claus Rally' Trends Scroll announces OpenVM, a new zkVM Kima Network Partners with Tashi to Revolutionize Blockchain Gaming and Payments Animoca Brands Japan backs blockchain gaming platform Oasys MicroStrategy blackout period could freeze bitcoin buys in January Buy signal for two strong cryptocurrencies this week Ripple Whales Add $78M in XRP, Price Eyes $4.5 Mark BREAKING: Bloomberg Analyst Reveals Four Altcoins That Might Get ETF Approval: Also a Surprise One – “Two First, Then The Other Two May Come” Solana repeat bull flag hints at ‘absolute monster run’ to $300 SOL Ripple CEO Joins 1 Million Club on Musk's Social Media Network Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem Why Is Altcoins Not Moving As Anticipated? Analytics Company CEO Explains Why Ethereum, In Particular, Isn’t Soaring Will Altcoins Revive Or Will Bitcoin Hit $120,000? Analytics Company Shares Its Opinion Fed Rate Cut Guidance Will Exceed Wall Street’s Bearish Outlook Bitcoin (BTC) Rockets to $108,000: Will XRP and DOGE Follow? Bitcoin price may see a harsh reversal after Fed decision TOX and Infiblue World Partner to Redefine Metaverse Social Experiences HashKey Chain Partners with OKX Web3 Wallet to Boost User Rewards and Experience How MicroStrategy and Others Are Taking on Billions in Debt to Buy More Bitcoin 'Praise the Lord': Sen. Tim Scott reacts as SEC Commissioner Caroline Crenshaw's renomination vote is scrapped ETH/USD Faces Key Resistance, Will Ethereum Reclaim $4,023 for Bullish Continuation? Top 3 Reasons Why Stellar (XLM) Price Jumped 12% Today Staking Will Define Bitcoin's Role in the Global Digital Economy in 2025 Semler Scientific Stock Options Begin Trading After Bitcoin-Fueled Price Surge Cardano (ADA) Price Faces Indecision After Surging 52% In One Month 3 Cryptocurrencies That Reached All-Time Highs Today — December 17 Mathematically Predicting the Bitcoin Price Bull Cycle Peak Ethereum price eyes new all-time highs, but will $15K be the top? Bitcoin (BTC) Futures Volume Surges to $82 Billion Amid Rising Short Positions Pudgy Penguins (PENGU) Token Falls 35% as Airdrop Claims Trigger Selloff Former TradFi trader receives memecoin gift that grows to nearly $1 million and donates it to charity Ethereum price stalls at key price but on-chain metrics point to a surge Zoth and Singularity Finance Launch ZTLN Prime to Bring Institutional-Grade Funds On-Chain Gaming tokenomics 2025: How cryptocurrencies are creating new rules in GameDev MicroStrategy to eclipse Starbucks, Nike market cap if Bitcoin rallies to $138K Fed Rate Cut: BoA’s Mark Cabana Reveals What To Expect Ahead FOMC Meeting U.S. Shuts Down North Korean Crypto Money Laundering Network Bitcoin Technical Analysis: Breakout Looms as Resistance Nears $108K XRP Rally Breaks Trendline, Top Trader Sets $5.85 and $8.76 Targets Pro-XRP Lawyer Reacts to US SEC Labeled RLUSD As Unregistered in Ripple Lawsuit Stablecoin Payments Platform BVNK Raises $50M to Fuel U.S. Expansion XRP Market Update: Price Holds at $2.60 as Bulls Eye Breakout to $3 Sui Network Integrates Cross-Chain Transfer Protocol for USDC Bitcoin Delivers 26,931% 10-Year Return, While Stocks Gain 193% and Gold 126%: Analysis SunPump Partners with Blockstreet to Boost the Meme Economy in Crypto A bullish December rally could still be in the books Are You Buying Bitcoin? Whales Add $7.3 Billion in BTC Bitcoin $108K all-time high lasts seconds as BTC price dives 2.4% XRP Makes Comeback for Survival, Shiba Inu (SHIB) Has No Ground Under Its Feet, Solana (SOL) Downtrend Becoming Scary The Gem Pad token launchpad has been exploited for $2M on multiple chains Wormhole and Nuffle Labs partner to revamp multichain restaking Bitcoin or University: Which Investment Yields Greater Financial Freedom? If you invested $1,000 in XRP at the start of 2021, you’d have this much now Mike Novogratz Predicts Bitcoin Might Eclipse Gold in Five Years Shiba Inu Whale Moves Explode 258%, Sparking Market Frenzy RLUSD Stablecoin Goes Live: Price Fluctuates 20% Before Stabilizing Buying Bitcoin Is Easy, HODLing Is the Hard Part Anti-crypto Caroline Crenshaw will not be renominated as SEC Commissioner following committee vote cancellation Bitcoin and Ethereum Primed To Go Massively Higher Soon, According to Top Crypto Analyst – Here Are His Targets Stellar (XLM) Suddenly up 12%: Reason $4.20 XRP May Be Real Amid Biggest Breakout in Price's History Crypto trader makes $8.3 million in 20 minutes 16.25 Billion Cardano (ADA) in 24 Hours, What's Happening? Investment Company QCP Capital Draws Attention to Investors' Trends in Bitcoin! Here Are the Details Ripple Price Analysis: Is XRP Heading Toward New All-Time High After 11% Daily Surge? 4 Reasons Why Shiba Inu Price is Primed For Breakout Bitcoin Hits $108K For The First Time In History Tether USDT trading continues across Europe despite Coinbase delisting 999 BTC Lands in Mega New Whale Wallet as Bitcoin Hits ATH Pudgy Penguins PENGU Token Debuts at $312M Market Cap Injective: Can INJ bulls hold key support at $21.65? XRP whales making optimistic buying moves ahead of RLUSD launch KuCoin Hints at Possible XRP ETF: Big Year Ahead for XRP? The next big crypto crash might come from Donald Trump himself, and it’ll be the worst Pyth Network brings real-time oil data to over 80 blockchains Bitcoin Price Analysis: BTC Maintaining $100K Suggests Going After $110K and $120K Next Stellar’s XLM price rises as XRP rebounds, but gains may be brief Base Outshines Arbitrum And Optimism In Ethereum L2 TVL War Decentralization Is Why We Fight for Crypto SHIB Burns Skyrocket 319,571% — What's Happening? ? Ripple USD (RLUSD) Launches on Global Exchanges, XRP Price Drop Ahead? CRV Price Eyes Strong Rally $2 as Curve Finance Founder Does $1.2 Million Buyback of CRV Tokens NEAR Redefines Cross-Chain Transactions with Over $250,000 in Volume The Bitcoin ‘train still has room to run' after the $107,000 record high Haliey Welch’s HAWK token team breaks silence to shift the blame Legendary Trader Peter Brandt Spots Important Bullish XRP Pattern 1.5 Billion XRP Drop: What's Happening? Hyperliquid could have the most valuable airdrop ever SHIB Price Prediction for December 17 LINK Struggles Below Key Levels as Bulls Dominate Crypto Market GrokAI sets Bitcoin (BTC) price for December 31, 2024 XRP price rises ahead of RLUSD launch, but a reversal is possible Binance Alpha to Spotlight Innovative Crypto Projects and Future Token Listings Aurora Labs upgrades the TURBO ecosystem with TurboChain and TurboSwap io.net Collaborates with Zerebro to Power New Ethereum Validator with GPU Compute Atom Accelerator and Neutron invest $500,000 in CosmWasm Ethereum's ENS Identity System Picks Consensys' Tech for Its Layer-2 Ethereum Price Momentum Strong Above $4,000, Targets $4,500 Next OpenLedger and Ether.fi Partner to Boost Decentralized AI with $6B Restaking Infrastructure XRP to $4 is Programmed if It Overcomes This Hurdle, Analyst Says How High Will Pepe Coin Price Get If Ethereum Hits $5,000? DOGE Price Prediction for December 17 Bitcoin Bull Run Indicators Show Price Rally Is Far From Over Dogecoin Price Could Surge 85% If This Happens Ripple’s RLUSD Stablecoin Set to Go Live Despite the SEC’s Allegations Crypto trends shaping the Middle East’s blockchain future Ethereum vs. Solana: Glassnode Spotlights Unexpected Performance Shift XRP Jumps 13% Ahead of Ripple Stablecoin Launch Tether invests in StablR to promote stablecoin adoption in Europe BlackRock vs. MicroStrategy: Who Holds the Better Bitcoin Strategy? Pudgy Penguins launch PENGU token on Solana with claims open for 88 days before being burned Ethereum ETF staking yields could drive institutional adoption if regulatory barriers ease under Trump: analysts 'Rich Dad Poor Dad’ Author Kiyosaki Reacts to Bitcoin's All-Time High With Advice and Warning New Cryptocurrency Statement from CMB President Ömer Gönül! Pointing to January! The Hashgraph Group launches $100 million Web3 fund in the UAE Ethereum Whale Dominance Hits Record High: What Comes Next? Michael Saylor is throwing a bitcoin party for NYE, and you’re not invited AAVE Price Targets ATH As Active Address Rise ESMA Publishes Final Guidance on MiCA Implementation Days Before Deadline AI predicts Aave (AAVE) price for year-end Crypto can boost economic welfare in underbanked regions | Opinion India Tax Regulator: Pre-2022 Crypto Gains Are Subject to Capital Gains Tax FTX Token (FTT) Eyes a Breakout: Will $20 Target Become a Reality? Breaking: Bybit Ends Crypto Withdrawals and Custody Services in France ‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve Austrian Police Uncover $1.2 Million 'Rip-Deal 2.0' Crypto Fraud Hong Kong vows to finish crypto asset reporting framework by 2026 HashKey Global’s HSK soars to ATH, signaling rising market interest XRP Price Prediction: Will XRP Hit $3 Soon or a NEW ATH? Santiment: "While Bitcoin Sets New Records, These Two Altcoins Became Trending!" CRO Shot Up by 17% After Crypto.com CEO Met With Donald Trump Ronin Bounties Introduced: Exclusive Quests in Ronin Wallet Is WazirX Recovery Token (RT) Just Another Misleading Promise? All Eyes on $110,730 After Bitcoin Sets New ATH of $107K Crypto 'eating TradFi's lunch' as $5.75B Coinbase revenue beats Nasdaq Ethereum Foundation Dump Another 100 ETH for $420k, ETH Price to Drop VeChain News: New App LETSTOP Rewards Safe Driving with B3TR, Joins VeBetter Ecosystem Arkham Integrates Dogecoin Analytics, Enhancing On-Chain Insights for Users Mammoth $2.51 Billion in Bitcoin in Past 20 Hours – What’s Going On? XRP ‘off to the races’ to hit $4, according to crypto analyst Wall Street Bitcoin Miners Just Made Millions, Profits Hit 7-Month High - Here's How Spain’s BitBase to install first crypto ATMs in Argentina by 2025 Kontos Protocol announces its highly expected tokenomics details Raghuram Rajan Joins Ripple to Guide RLUSD Stablecoin’s Growth and Compliance Bitcoin spot ETF net inflow reaches $637m New Peak for EigenLayer as Momentum Builds Bithumb lists AI meme coin GOAT on Dec. 17 Executives flood blockchain gaming firms ahead of 2025’s AAA launches Marina Protocol Collaborates with Kroma for Gamified Web3 Experience Shiba Inu To Break All-Time High Record in Current Cycle, Says Pundit Dogecoin Eyes $0.50 as Triangle Breakout Sets Stage for Bullish Rally Ripple Stablecoin: President Reveals What's Behind RLUSD 69,300,000 XRP Hits Binance, Here’s What’s Happening Bitcoin Exchange Binance Announces It Will List Two New Altcoins on Futures! Here Are the Details Ripple (XRP) Reclaims 3rd Spot After 7% Daily Surge, Bitcoin (BTC) Neared $108K (Market Watch) Bitcoin options expiry, explained: What it means for traders Trader Says Altcoin That’s Up over 8x in Under Three Months to Outperform Market, Updates Outlook on Solana GrokAI says XRP price will hit this target by December 31, 2024 Spanish Bank Invests 2% in Bitwise’s Aptos Staking ETP, Sparking Institutional Interest Chainlink Price if LINK Hits XRP’s $144 Billion Market Cap Trump Reinforces Blockchain Support Ahead of January 2025 Inauguration MicroStrategy's Addition to Nasdaq-100 May Pave Way for S&P 500 Inclusion: Benchmark Top 10 Largest Bitcoin Holders: Governments, Exchanges, and Billionaires Exposed! Michael Saylor Says “Trump Is Serious About Creating a Bitcoin Reserve”, Reveals BTC Price Prediction Bitcoin (BTC) and Cryptocurrency Suggestion for Türkiye from Prof. Dr. Özgür Demirtaş! Metaplanet Raises $30 Million Through Zero-Interest Bonds to Boost Bitcoin Holdings Virginia man charged with funding ISIS using cryptocurrency Decentralized Science (DeSci): Future of Research Powered by Blockchain Key Dogecoin (DOGE) Metric Surges: Details Ethereum (ETH) Breaks $4,000: Historical Trends Signal Early Bull Phase ⚡ Crypto News Steps Towards Web 3.0, Launches Native Farming for All App Users! Crypto Bull Run Accelerates as Ethereum and Binance Coin (BNB) Retest All-Time Highs Bitget’s BGB Surges to All-Time High, $4 Price Target in Sight Bitcoin Could Hit $500,000 in the Current Cycle if This Happens, According to Analyst Michaël van de Poppe HeLa Space Partners with LéPoker to Deliver a Global Social Poker Experience Ethereum Stops Again Near The $4,000 High Dogecoin Tops Sunday’s List of Most Discussed Altcoins Bitcoin Returns Hit 26,931%—Far Exceeding Stocks and Gold Expert Predicts XRP Price for Christmas—Here’s the Forecast Can BGB Reach $5 Before a Possible Pullback? Binance Futures announces new limits for BFUSD users Analyst Says Dogecoin Has Unfolded Perfectly, Targets 653% Surge to $3 Binance Backs Terra Luna Classic Major v3.3.0 Upgrade, Will LUNC Price Jump? Ripple CTO Says Lowering XRPL Reserves Unlocks More XRP for All Accounts Scaramucci Predicts Bitcoin May Reach $200,000 in 2025 Cardano Sentiment Turns Bearish, But Network Sees Massive 687 Transactions of $1M+ Revolut to Strengthen Crypto Fraud Protections With Added Security, Risk Scores Stablecoins will see explosive growth in 2025 as world embraces asset class Could the RLUSD Launch Ignite an XRP Bull Run? Bitcoin Continues Its Rise Above The $104,000 Mark Here’s How Much Ripple USD (RLUSD) Has Been Minted Ahead of Today’s Launch Trump Doubles Down on Regulation Cuts—Plans to Slash 10 Rules per New Policy Ethereum Price Forecast: ETH faces staking withdrawal headwind amid sustained ETF inflows Algorand price prediction – How far is recovery for the altcoin? Bitcoin Prices Reach Fresh High Above $105,000 As Strong Fundamentals Fuel Gains Bitcoin to Skyrocket to $210,000 in 2025, Presto Research Predicts Tether’s Market Cap Taps $140B as Stablecoin Dominates Crypto Trading XRP Community Gains New Rewards With Ripple's RLUSD Stablecoin Launch IP-Backed Meme Token CAT Bags Binance Spot Listing, Spiking Bullish Sentiment Meta, Lightstorm partner for 3D content; Nissan plans NFT rewards 104 whale wallets now hold 57% of all Ether in bullish sign: Santiment LastPass threat actor steals $5.4M from victims just a week before Xmas Grayscale Opens Horizen Trust to Qualified Investors India Crypto Regulations: A Look at Upcoming Framework FCA Calls for Industry Input on Plans to Tackle Abuse in UK Crypto Market Bitcoin Soars to New Heights: $112K in Sight After Breaking Previous ATH Finanx AI’s Chief Strategic Advisor and China’s Stock Guru Zhang Bao Long Analyze Future Market Trends XRP Price Reclaims Momentum: Is a Bigger Rally Ahead? Bitcoin is “under-exposed” to corporate adoption, says VanEck’s Matthew Sigel Cryptocurrency Prices Today Dec 17: BTC Crosses $107K, BGB Soars 16%, CRO Up 7% Upbit’s MOCA Listing Sparks 7,500% Trading Volume Explosion RLUSD Stablecoin Sparks Bidding War with Offers Up to $2,000 SEC issues Wells Notice to Unicoin as Gary Gensler’s tenure nears end Can Bulls Regain Control at $0.04 and Drive GALA Higher? MicroStrategy’s $46 Billion Bitcoin Bet: A Double-Edged Sword for the Market Nigeria arrests nearly 800 in raid on crypto pig butchering hub Matthew Blumberg Files Motion to Dismiss Prometheum’s Case Mapping out Key Levels for BRETT to watch this Week Bitcoin and Ethereum continue strong inflows for the 10th consecutive week Ethereum Whales Load Up: Bullish Sign Or Bear Trap? Bolivia Sees Crypto Surge as Meru Integrates Stellar Blockchain for Payments and Loans Can XRP Reach $100, $300, or $500 with a Circulating Supply of 57B Tokens Bitcoin-to-Gold Ratio Hits Historic Peak as Year-End Rally Soars Ethereum Gears Up for a Record High: Can It Break Through? Bitcoin Price Powers Ahead: Rally Shows No Signs of Slowing NEAR Intents Redefine Cross-Chain Transactions with $250K+ in Volume Ripple’s RLUSD Launch Date And Time Revealed: What To Expect Today? XRP Price Prediction For December 17 Bitcoin’s Next Big Move? Key Metric Reveals When to Cash In Profits Optimism high for Ethena’s USDtb stablecoin as it clocks $65M TVL on day 1 Ripple’s RLUSD Stablecoin Attracts Frenzy Bids for 800 XRP Ahead of Release Ethereum (ETH) Bearish Signal, $3,500 the Next Target? ‘Insane’ 719% Rally for XRP in the Cards Amid Clean Bullish Technical Setup, According to Veteran Trader Bitcoin Leads Now, Altcoin Season Looms Rabbit Partners with BEBE to Push Innovation in AI, GameFi, and Crypto Messari report calls 2024 “climbing a wall of worry” Bitcoin as a lifeline for Palestine and nations without a central bank Thorchain (RUNE) Price Jumps 12% As Analyst Projects 125% Rally Chainlink price prediction 2024-2030: A strong buy sentiment for LINK? Cardano (ADA) Price Prediction for December 17 The $589 XRP Dream: Believers Aren’t ‘Delusional’ Enough, Expert Says Bitcoin (BTC) Back at ATH: Next Target, Dogecoin (DOGE) Volume Disappears, Ethereum (ETH) Hits $4,000, But There's a Catch Charles Hoskinson says Cardano is ready to “take over the world”