The price of Ethereum (ETH) has risen above the moving average lines and is approaching the resistance of $2,850. If it breaks through this resistance, it could reach a high of $3,400, with further upward trends potentially taking it to $3,600 and $3,800. However, if it fails to break through, it may enter a sideways movement. The 4-hour chart suggests that Ether is in an uptrend and may soon break above the overhead resistance. The analysis and forecast offered are the personal opinions of the author and not a recommendation to buy or sell cryptocurrency. Investors should conduct their own research before making any decisions.



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