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ETHUSDT
Long Entry 3,443.8600 2025-11-08 01:26 UTC
Target 14,000.0000 Fail 2,990.0000
Risk/Reward 1 : 23
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ETHUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis for ETHUSD starts on November 7, with the current price at approximately $3413. The analyst believes ETHUSD has found a low. Drawing Fibonacci retracements from the low of April 7 to the August high, Ethereum tipped the 0.382 retracement level at 3,043. The RSI on the 1-hour time frame is building volume and bouncing off the oversold zone, though the RSI is bearish overall. The MACD is attempting to break above the zero line, aiming for bullish momentum. The analyst predicts ETHUSD will first rise to $3500, then consolidate, before pumping upwards over the weekend. It needs a higher low instead of rejection. The analyst estimates we can go up to the $3700-3800 price mark. If ETHUSD breaks the golden ratio line at around $4119, there will likely be validated support. As price action moves to the new all-time high, the targets for next wave become: $5600, $6600, then $7600. From there, next stop at $10,000, $13,000, and finally $14,000 by March 2026. The failure will be under 3000.
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