Ethereum Price Prediction: Traders Watch $3,802 – Is the Next Move Up or Down?

During the European session, Ethereum (ETH) is trading near $3,802, showing mild gains as traders weigh whether the next move will be a breakout or a ￰0￱ a market cap of $467.7 billion, ETH remains the second-largest cryptocurrency, but its price action has tightened notably inside a symmetrical triangle pattern that’s been forming since ￰1￱ setup reflects growing indecision as volatility compresses between key resistance at $4,255 and support around $3,680–$3,750. Buyers continue to defend the lower boundary, while sellers maintain control near the ￰2￱ now, the market is at a standstill, and traders are watching closely to see whether Ethereum’s next decisive move will tilt the balance higher or ￰3￱ Technical Setup: Momentum Builds Ethereum price prediction remains neutral as ETH is trading sideways with in a symmetrical triangle pattern.

Ethereum’s 20-period EMA has flattened, reflecting indecision among traders, while the RSI, hovering near 46, shows early signs of recovery from oversold ￰4￱ spinning tops and Doji candles point to short-term uncertainty, but the sequence of higher lows since September suggests that accumulation continues beneath the surface. A breakout above $4,030 could confirm bullish momentum, potentially driving prices toward $4,255 and, later, $4,536 —the next resistance zone. However, a break below $3,680 might invite fresh selling pressure, exposing downside targets at $3,509 and $3,356, which align with the broader ascending channel visible on higher ￰5￱ Price Forecast: Bullish Bias Ahead Market participants see Ethereum’s current formation as a coiling spring—ready for a decisive move in November.

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