ETH is above $4,200, a level not seen since December 2021!<\/p>\n
Key Support levels: $4,000<\/strong><\/p>\n Key Resistance levels: $4,862<\/strong><\/p>\n The last time ETH was this high in price it was 2021. This is a major signal to the market that buyers mean business and are ready to take this cryptocurrency much higher. The prime target right now is the all-time high at $4,862. Once that is broken, ETH can enter price discovery.<\/p>\n Since April, the cryptocurrency entered a strong uptrend that only saw brief corrections before continuing. In early August, sellers tried to keep ETH under $4,000, but were eventually defeated which allowed the price to break that resistance and move higher. The $4,000 level is now acting as a key support should sellers return.<\/p>\n A look at the weekly MACD shows a steady uptrend with no signs of a possible reversal. As long as the MACD histogram continues to make higher highs, this rally will continue. Moreover, the moving averages are expanding, which gives a bullish bias. In light of this, Ethereum is on a collision course with its ATH at $4,862.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n1. Bulls Eye the ATH<\/h2>\n
2. Bulls Dominate the Chart<\/h2>\n
![\"ETHUSDT_2025-08-11_13-54-48\"](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETHUSDT_2025-08-11_13-54-24.png\")
3. Clear Uptrend on Weekly MACD<\/h2>\n
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