ETH price The upcoming signs indicate a target of 5.7 thousand dollars star-news.press/wp

This month was an exciting journey for Ethereum investors, as Crypto rose to new horizons not once, but twice.

Riding optimism around the investment funds circulated in the period and paying the strong market, ETHEREUM (ETH) for the first time increased to 4,845 dollars. After that, just a few days later on August 24, the records shattered again, reaching the highest new level ever at $ 4,953.

The current ETH price scenario

As of August 28, ETHEREUM hovers around $ 4587, or approximately 7 % less than its highest level ever.

Currently, its breath hunts a little less than that peak, with strong support that holds about 3900 dollars. This level is a decisive checkpoint to keep the responsible bulls.

If Ethereum is able to defend this area, we may see that it is gaining momentum and pushing the next main goal near $ 5,790, according to Fibonacci levels.

Motivation: ETH near $ 4,620, increased ~ 2 % a day

Ethereum gets an elevator from some strong winds. Immediate circulating investment funds seem more likely to get green light, the network itself is healthy, and institutions still show a lot of attention. All of these factors help Spark Fresh Buying Energy, which fit the positive prices we see about ETHEREUM throughout the market.

The support level of $ 3,900, formerly a resistance barrier, turned to a major support zone. Keeping this level verifies the validity of the last penetration above the highest previous level ever and indicates a strong bullish structure.

Traders watch this support closely, as the successful re -test here will enhance the market confidence in the upward trend of ETAREUM, which is a vital component in many ethereum encoding models.

ETH Prediction: The main brands may rise about $ 5,790

Ethereum looks ready for the other bullish operation, based on some major technical indicators. Traders and analysts closely monitor some signals that can confirm the next gathering stage. Check the main signs that can pay ETH about $ 5,790.

Mark 1

The ETHEREUM market structure is still decisive, and it features the highest levels and highest levels. This indicates that buyers control and suggest that there be a price for the price to continue to rise, which supports the positive ETHEREUM price expectations.

Mark 2

During the standardization stages, size asserting the idea that the demand is fixed at the main support levels. The re -test of the 3900 dollar volume will indicate the power of the merchants.

Mark 3

Looking at modern fluctuations and Fibonacci levels, $ 5,790 is the next goal on the radar. As long as ETH maintains its momentum and the demand does not fade, reaching this number looks more and more.

ETH price is predicted based on the last situation

Ethereum erupted above its previous height has absolutely turned into Dynamics Market Bullish strongly. Currently, ETH is unified with cash support near $ 3900. If this support continues, the path is evident in a possible rally towards the goal of the $ 5,790 extension.

However, if Ethereum fails to get $ 3900, momentum may weaken, and a deeper correction, delay or hindering the next leg may be revealed. This scenario will control the wider ETHEREUM projection and requires reassessing the current ETH prices.