Well now, it appears Ethereum done found itself a comfy spot to rest ’round about the $3,650 area, kinda like a hound dog pickin’ the shadiest patch of porch. No sooner had it tossed a bone there, it took off runnin’ again, as if someone yelled “bacon!” – and now it’s eyein’ that $3,920 fence like Tom Sawyer lookin’ for a shortcut to glory. 😏
- Ethereum shot up faster than Aunt Polly’s temper, clearin’ both the $3,750 and $3,800 hurdles without scuffin’ its boots.
- She’s prancin’ above the $3,800 mark and that mystical “100-hourly Simple Moving Average” that nobody but city slickers pretend to understand.
- There’s a bullish trend line snakin’ ’round the $3,820 post, like a garden hose left out overnight. All this according to the Kraken data feed, which might as well be fortune-telling at the county fair.
- She may just keep a-climbin’ if the crowd holds firm above $3,750 – but let’s not bet the whole farm just yet.
Ethereum Flexes and Leaves Bitcoin in the Dust 🚀
If you blinked, you mighta missed Ethereum leapin’ off the $3,650 springboard and outmusclin’ Bitcoin like a steamboat winning a race upriver. ETH sailed right past the $3,720 and $3,750 toll gates with hardly a tip of the hat.
The bulls got rowdy and shoved ETH beyond the $3,850 mark – and wouldn’t you know it, she slammed up against $3,920, like Huck Finn finding a new tributary to chart. High-water mark for now: $3,927. Now she’s sittin’ pretty above the 23.6% Fib retracement, which sounds fancy but don’t ask me to explain it at a family supper.
With the price chillin’ above $3,800 and that mysterious 100-hourly Simple Moving Average, and a bullish line coiled at $3,820, folks are whisperin’ about another shoot toward the moon.
Obstacles ahead? Well, the $3,920 picket fence stands first, but $3,950 and an ornery $4,000 could be next. If Ethereum jumps all those, $4,220 might come around faster than you can say “Missouri River steamboat.”
If she busts $4,220, well, the sky’s the limit: $4,350 or even $4,500, provided the crowd hollers encouragement and nobody drops their paddle in the river.
Are ETH Dips Scarier Than a Soggy Raft? 🛶
But let’s shake the corn-cob pipe of doubt for a spell: if Ethereum gets stage-fright at $3,920, she could slide off her perch. First cushion on the tumble? $3,820. After that, $3,800 is waitin’ like a hay bale at the bottom of the hill.
Goes any lower, we’re starin’ at $3,735, and if that don’t hold, it’s a tumble to $3,680. Worst-case scenario, she ends up back at $3,650, wondering where all the excitement went.
Technical Stuff (for the riverboat gamblers):
- Hourly MACD – Looks like it’s chuggin’ upstream in the bullish direction, steam and all.
- Hourly RSI – Over 50, which I’m told is a good thing, though my Aunt Sally says numbers over 50 are best kept to pies and fishing trips.
- Major Support Level: $3,735
- Major Resistance Level: $3,920
So, if you’re lookin’ to hoist anchor on this riverboat, best bring your sense of humor and maybe a spare paddle. Crypto waters are wild – and sometimes, you just gotta enjoy the ride.
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2025-08-08 06:25