Can Ethereum (ETH) Indeed Surge to $8K? Here’s What Analysts Say

Ethereum (ETH) is trading at around $3,700 at press time, down over 4% in 24 hours and nearly 11% on the ￰0￱ near-term momentum has turned bearish, several analysts are looking at this zone as a possible springboard for a broader ￰1￱ Watch $3,800 as Key Level Ali Martinez outlined what he called the “ dream scenario ” for ￰2￱ this view, ETH would hold above $3,800, break through resistance near $4,900, and continue toward $8,000. His chart shows a step-by-step path higher, with pauses near $5,600, $6,400, and $7,200. He stated , “Ethereum bounces off $3,800, smashes through $4,900, and rockets to $8,000.” This move would require a clear break above the $4,900 area, which previously acted as a ￰3￱ level remains a focus for market participants watching for signs of trend reversal.) Indeed Surge to $8K?

Here’s What Analysts Say appeared first on CryptoPotato .