Ethereum (ETH) Breaks Above 200-Day EMA, Targets $4,500 Resistance

Ethereum (ETH) has regained bullish footing after breaking above its 200-day exponential moving average (EMA) at $4,100, a crucial technical threshold for long-term trend ￰0￱ move follows months of consolidation between $3,700 and $4,700 since July and mirrors a descending channel breakout pattern similar to the one that fueled Bitcoin’s 2024 ￰1￱ breakout has renewed confidence among traders, with ETH’s 7-day RSI at 63.8, suggesting strong but not overheated ￰2￱ MACD histogram at +17.2 further supports a bullish continuation, pointing to rising buying pressure and favorable short-term ￰3￱ Targets: Resistance at $4,450–$4,529 Ethereum’s immediate target lies in the $4,450–$4,529 range — the 23.6% Fibonacci retracement level from its prior macro swing.

A daily close above $4,232 would confirm an established uptrend, while a rejection could pull ETH back toward $3,593 support, where demand has historically rebounded. A sustained move above $4,232 may trigger algorithmic buying, potentially extending the rally toward $4,500, a psychological barrier and round-number ￰4￱ Upgrade: Scaling Ethereum’s Layer 2 Ecosystem The upcoming Fusaka upgrade, scheduled for December 3, serves as a fundamental ￰5￱ introduces PeerDAS, a data-availability innovation that will double blob capacity, thereby improving Layer 2 throughput and significantly reducing transaction ￰6￱ upgrade will enhance Ethereum’s modular design, making it more efficient for rollups, DeFi protocols, and decentralized applications migrating to Layer 2 ￰7￱ view Fusaka as a long-term scalability milestone that strengthens Ethereum’s position against competitors in the smart contract ￰8￱ to Exchange ETH: Trade Efficiently with Clapp For investors and traders looking to capitalize on Ethereum’s renewed strength, ￰9￱ offers one of the most streamlined and reliable ways to buy, sell, or trade ETH — supporting both crypto-to-crypto and fiat-to-crypto ￰10￱ Fiat Integration Clapp enables users to buy ETH directly with euros using SEPA transfers, allowing quick fiat on-ramps without the need for external ￰11￱ important, users can convert ETH back to EUR and withdraw directly to their bank accounts, with Clapp’s fiat off-ramping built natively into the platform for instant, low-friction ￰12￱ Liquidity Aggregation Clapp’s smart routing system scans centralized and decentralized exchanges to secure the best available ￰13￱ benefit from competitive execution and reduced slippage — all within a single ￰14￱ and Transparent Clapp operates as a licensed Virtual Asset Service Provider (VASP) in the Czech Republic, ensuring full regulatory compliance and ￰15￱ platform is actively expanding across Europe, offering users peace of mind when managing both fiat and crypto ￰16￱ Deposit Fees, Unified Dashboard Clapp charges no deposit fees, whether funding with fiat or ￰17￱ — from fiat conversion to portfolio tracking — takes place within one integrated app, eliminating the need to juggle multiple exchanges or ￰18￱ ETH traders, this means faster execution, simpler management, and greater control over liquidity — all through a secure and regulated environment.

Outlook: Eyes on $4,500 as Ethereum Builds Strength With Ethereum reclaiming its 200-day EMA and signaling renewed upward momentum, the path toward $4,450–$4,529 looks increasingly attainable. A confirmed close above $4,232 would likely catalyze further buying pressure, paving the way for a test of $4,500. If sustained, this rally could mark Ethereum’s strongest structural recovery of the year — powered by a combination of technical resilience, institutional accumulation, and protocol-level innovation through the Fusaka upgrade. Disclaimer: This article is provided for informational purposes ￰19￱ is not offered or intended to be used as legal, tax, investment, financial, or other advice.