Ethereum

Solana

Daily

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<ol> 
 <li>The daily chart for Ethereum shows a strong buying momentum from the $2867 – $2950 range, pushing its price up to $3100.</li> 
 <li>For long-term investors, daily candle closures below $2860 can be considered a stop-loss level.</li> 
 <li>If ETH manages to close weekly candles above $2860, it is believed that the targets could sequentially be $3411 and $3722.</li> 
</ol> 
<p><strong>Ethereum’s daily chart has sustained a rise up to $3100 after strong buying in the $2867 – $2950 range. Current ETH Analysis</strong></p> 
<h2 id="strong-mid-term-eth-analysis-strong"><strong>MID-TERM ETH ANALYSIS</strong></h2> 
<figure id="attachment_145611" aria-describedby="caption-attachment-145611" style="width: 100%" class="wp-caption alignnone">
 <a href="https://i0.wp.com/coinotag.com/wp-content/uploads/2024/04/ETHUSDT-1D-Chart-1-scaled.webp?quality=70&amp;ssl=1"><img loading="lazy" decoding="async" class="td-modal-image wp-image-145611 size-full" src="https://i0.wp.com/coinotag.com/wp-content/uploads/2024/04/ETHUSDT-1D-Chart-1-scaled.webp?resize=696%2C332&amp;quality=70&amp;ssl=1" alt="Daily ETH/USDT Price Chart" width="696" height="332" data-recalc-dims="1"></a>
 <figcaption id="caption-attachment-145611" class="wp-caption-text">
  Daily ETH/USDT Price Chart
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<p>Upon examining Ethereum’s daily chart, we see that it has risen to $3100 due to strong buying from the $2867 – $2950 weekly support zone.</p>
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<p>For long-term ETH investors, it can be advisable to consider daily candle closures below $2860 as a stop for spot investments.</p> 
<p>As long as ETH closes weekly candles above $2860, the next targets are $3411 and $3722, respectively. Thus, potential investors might hold their long-term spot investments in Ethereum as long as we observe weekly candle closures above $2860.</p>
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Ethereum Might Be Preparing for a Rise! Current ETH Analysis

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