Ethereum price is showing bullish momentum with potential to rise above $3,800, supported by key technical indicators and trend lines.
Ethereum price has risen above $3,720, showing bullish signs with potential to reach $3,850. Currently trading above $3,670 and supported by a trend line, ETH may face resistance near $3,770 and $3,800. A break above $3,850 could lead to further gains towards $4,000. Conversely, failure to surpass $3,770 may trigger a downside correction with initial support at $3,670.