\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tEthereum reclaims its 50-week EMA vs BTC, triggering bullish signals, with $4,415 and $7,200 targets now in play amid rising on-chain activity.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Ethereum has moved back above a key technical level against Bitcoin \u2014 the 50-week exponential moving average (EMA), which has marked the start of previous rallies.<\/p>\n
At press time, ETH is priced at $3,530 with a 24-hour trading volume of nearly $38 billion. It has gained 2% in the past day and 5% over the last week.<\/p>\n
Ethereum\u2019s strength against Bitcoin is being watched after reclaiming the 50-week EMA. In past cycles, this signal has marked the early stages of ETH bull markets. The same pattern appeared in early 2021 before Ethereum\u2019s rally to all-time highs.<\/p>\n
Chart data from Merlijn shows<\/a> this recurring setup. Previous breakdowns below the 50 EMA in 2018 and 2022 were followed by prolonged declines. ETH is now back above this line. \u201cA bullish retest here\u2026 and it\u2019s game on<\/em>,\u201d he said, noting that if the level holds, it could mark the start of a new trend.<\/p>\n Moreover, Ethereum recently dropped from nearly $4,960 to a low of just over $3,000. As CryptoPotato<\/em> reported<\/a>, that move resembles the 2020 decline before ETH started a major rally.<\/p>\n Technical analysis shared by Marzell points<\/a> to a possible long setup forming between $3,336 and $3,400. Ethereum is trading inside this range now. The zone also matches commonly tracked Fibonacci retracement levels.<\/p>\n Targets on the chart include $5,982, $6,738, and $7,200. The setup assumes ETH stays above the $3,000 level. The chart also shows a long-term breakout from a downtrend line, which Ethereum appears to be retesting. If it holds, the trend may continue higher into 2026.<\/p>\n A falling wedge pattern has also formed on the 4-hour chart, according<\/a> to analysis from Joe Swanson. The breakout occurred near $3,560. ETH is now trading slightly above that level.\u00a0This pattern has a measured target near $4,415. Pointing to a potential move by mid-December, Swanson said,<\/p>\n \u201cA decisive move could trigger a 25% rally.\u201d<\/p>\n<\/blockquote>\n The 200 EMA near $3,790 may serve as the next resistance level.<\/p>\n Meanwhile, data shows<\/a> that about 413,000 ETH has been withdrawn from Binance in a single day. This marks the largest daily outflow since February. When coins move off exchanges in large amounts, it\u2019s often linked to long-term holding behavior.<\/p>\nEthereum Price Builds Base Around Key Range<\/h2>\n
You may also like:<\/h3>\n
Short-Term Breakout Signals Possible Rally<\/h2>\n
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![<\/a>Source: Merlijn The Trader\/X<\/figcaption><\/figure>\nMoreover, Ethereum recently dropped from nearly $4,960 to a low of just over $3,000. As CryptoPotato<\/em> reported<\/a>, that move resembles the 2020 decline before ETH started a major rally.<\/p>\nEthereum Price Builds Base Around Key Range<\/h2>\nTechnical analysis shared by Marzell points<\/a> to a possible long setup forming between $3,336 and $3,400. Ethereum is trading inside this range now. The zone also matches commonly tracked Fibonacci retracement levels.<\/p>\nTargets on the chart include $5,982, $6,738, and $7,200. The setup assumes ETH stays above the $3,000 level. The chart also shows a long-term breakout from a downtrend line, which Ethereum appears to be retesting. If it holds, the trend may continue higher into 2026.<\/p>\nYou may also like:<\/h3>\nShort-Term Breakout Signals Possible Rally<\/h2>\nA falling wedge pattern has also formed on the 4-hour chart, according<\/a> to analysis from Joe Swanson. The breakout occurred near $3,560. ETH is now trading slightly above that level.\u00a0This pattern has a measured target near $4,415. Pointing to a potential move by mid-December, Swanson said,<\/p>\n\n\u201cA decisive move could trigger a 25% rally.\u201d<\/p>\n<\/blockquote>\nThe 200 EMA near $3,790 may serve as the next resistance level.<\/p>\nMeanwhile, data shows<\/a> that about 413,000 ETH has been withdrawn from Binance in a single day. This marks the largest daily outflow since February. When coins move off exchanges in large amounts, it\u2019s often linked to long-term holding behavior.<\/p>\n\nSPECIAL OFFER (Exclusive)<\/span><\/center>\nSECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link<\/a> to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).<\/b><\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Ethereum reclaims its 50-week EMA vs BTC, triggering bullish signals, with $4,415 and $7,200 targets now in…\n","protected":false},"author":2,"featured_media":38040,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-38039","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/38039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38039"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/38039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/38040"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/G5jKXDrWgAAH-4d.jpeg\"){kind=link}