Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs?

4:16 pm, Sat, 23 October 21

Current Ethereum Data

Dominance
Price
Market Cap
Volume (24h)
1h
12h
1d
7d
1m
1y
?
Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs?
Ethereum trading at critical resistance! Can the bulls break through this $4,380 Key Resistance?

The Ethereum price is currently trading around its ATHs of $4,380. However, every time the Altcoin price has gotten to this price region, we see strong rejections follow pushing the Ethereum price back down.

And right now we can clearly see that strong horizontal resistance created by that price rejection in the Ethereum 4-hour timeframe. In this ETH analysis, we will be talking about that $4,380 key resistance level as well as the bullish and bearish prediction for the Ethereum price depending on how it reacts to this level in the coming days.

Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs?
Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs? Watch this level in the 4-hour timeframe

To trade ETH with leverage, sign-up to Bybit right now! Bybit’s BIGGEST Deposit Bonus Campaign is now live! First-time depositors can get up to a $3,500 Bonus when you sign-up and fund your Bybit account with our Bybit link.

Claim up to $30,030 in Bonus

100x Leverage

Ethereum Bullish Prediction!

Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs?
Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs? Watch this bullish prediction in the 4-hour timeframe

For the Ethereum bullish prediction, we want to see the Altcoin price breakthrough and close above this $4,380 key resistance in the 4-hour timeframe.

A bullish breakout like this is the perfect confirmation we need to indicate the resumption of the Ethereum bull run to new highs in the coming days. Once this level is broken, the Ethereum price will be pushed into unchartered territories and this might lead to increased volatility and bullish trading volume!

Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs?

Ethereum Bearish Prediction!

For the Ethereum bearish prediction, we want to see this $4,380 key resistance hold strong in the 4-hour timeframe. This has happened before and might happen again!

Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs?
Ethereum $4,380 Key Resistance! Can The Bulls Break To New ATHs? Watch this Ethereum bearish prediction in the 4-hour timeframe

This makes the $4,380 key resistance the most important level right now for the Ethereum price. How the altcoin price reacts to this level will have a major effect as to what trend the Ethereum price will take in the coming days.

Final Verdict!

Ethereum is trading at a critical resistance in the 4-hour timeframe, and how the Altcoin price reacts to this resistance has the ability to change the trend. Can the bulls break through this $4,380 key level or should we expect to see a price sell-off soon?

Claim up to $30,030 in Bonus

100x Leverage

Easy Steps From Beginner To Pro Crypto Trader

You can speed up your learning journey by reading our How To Trade Bitcoin Guide. This guide is the best for crypto traders who wants to get familiar with the basics of Bitcoin trading. You can also check out our top list of Best Bitcoin Exchanges To Trade With.

PrimeXBT Covesting: Trade Hassel Free

Sign-up on PrimeXBT today to trade Bitcoin hassle-free. You can copy experienced traders and access hundreds of different strategies on the platform! Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign-up with our link  PrimeXBT Covesting

Recommended Bitcoin Trading Platforms:
★★★★★
★★★★★

Rating: 94%

Claim up to $30,030 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 89%

Claim up to $4100 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 91%

Claim up to $7000 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.050%
Maker:
0.050%
Wire:
Credit:
Crypto: