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Prediction for Ethereum Price — Bulls Need a Move Through $4,400 to Bring $4,600 Into Play
Ethereum has had a volatile morning. A move back through the $4,400 levels, on the other hand, would put the $4,600 levels into play. However, staying away from anything less than $4,200 remains critical.
This is Ethereum’s mid-session technical analysis. We’ll be looking at the morning session’s moves as well as today’s support, resistance, pivot levels, and Fibonacci’s. In addition, throughout the second half of the day, we will look at the EMAs and critical levels.
The Morning Session
Ethereum was down 0.69 percent at $4,281 at the time of writing.
Following a volatile start to the day, Ethereum surged to a late morning high of $4,390 before reversing. Ethereum fell to a late morning low of $4,234, falling short of the first significant resistance level at $4,410. Despite finding support at the first major support level of $4,236, Ethereum returned to $4,280 levels before relaxing back.
Avoiding a drop down to sub-$4,200 levels was critical in the late morning.
For the Afternoon Ahead
To re-enter the first big resistance level at $4,410, Ethereum would need to move back through the $4,335 pivot. However…
