Ethereum Getting Ready For Final Surge! Watch This Key Support

11:01 pm, Wed, 6 October 21

Current Bitcoin Data

Dominance
Price
Market Cap
Volume (24h)
1h
12h
1d
7d
1m
1y
Ethereum Bullish Prediction Playing Out! What Next?
ETH bullish prediction from a previous analysis Ethereum Bullish Prediction Playing Out! What Next?

The Ethereum bulls are still in full control of the price with the Altcoin getting ready to make the final surge up. This bullish rally plays out well with our previous prediction Ethereum Bullish Prediction Playing Out! What Next? and points to a coming price move towards the $3,500 region soon!

The key level we are watching is the $3,465 horizontal support. This 1-hour minor support can serve as a strong base for the Ethereum price to bounce from before continuing higher.

Ethereum Getting Ready For Final Surge! Watch This Key Support
Ethereum Getting Ready For Final Surge! Watch This Key Support in the 1-hour timeframe

To trade ETH with leverage, sign-up to Bybit right now! You can also get up to $600 in deposit bonus when you sign-up and fund your Bybit account with our Bybit link.

Claim up to $3500 in Bonus

100x Leverage

Ethereum Key Level

Ethereum Getting Ready For Final Surge! Watch This Key Support
Ethereum Getting Ready For Final Surge! Watch This Key Support in the 1-hour timeframe

The Ethereum $3,465 minor level has served as both strong resistance and support before and might continue to do so in the coming days. This 1-hour minor support also serves as a key level for the Bitcoin bulls for the short term.

Ethereum Bullish Prediction

Ethereum Getting Ready For Final Surge! Watch This Key Support
Ethereum Getting Ready For Final Surge! Watch This bullish prediction in the 1-hour timeframe

For the Ethereum bullish rally to remain valid for the short term, we need to see the ETH price respect and continue to trade above the $3,465 key support in the 1-hour timeframe.

A price break below this support could end the current rally and see us testing the base of the ascending channel pattern price is currently trading in.

Ethereum Getting Ready For Final Surge! Watch This Key Support
Ethereum Getting Ready For Final Surge! Watch This Key Support in the 4-hour timeframe

Final Verdict!

The Ethereum price is still in a bullish trend with a very high potential to remain this way for the coming days. But for this bullish bias to remain valid the price of the Altcoin must respect and continue to trade above the $3,465 key support in the 1-hour timeframe.

A price break and a close below this support could signify the end of this short-term bull run in Ethereum.

Claim up to $3500 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 50% 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 $3500 in Bonus

100x Leverage

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

Rating: 89%

Claim up to $112 in Bonus

100x Leverage

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

Rating: 91%

Get 50% Deposit Bonus

100x Leverage

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