REDATOR Ben Graham Posted December 4, 2025 REDATOR Report Share Posted December 4, 2025 ETH/USD is trading around $3,165 after a strong technical rebound from $2,700, gaining more than 21%.Ether encountered strong resistance around the 200 EMA and around the top of the uptrend channel formed since November 20. We could expect a technical correction in the coming hours, and ETH could reach the psychological level of $3,000.On the contrary, if Ether consolidates above the 200 EMA and above the top of the uptrend channel around $3,300, we could expect a new bullish sequence, and the instrument could reach 4/8 Murray around $3,750 in the coming days.The Eagle indicator is showing the overbought market. Therefore, the odds are that the market will undergo a technical correction in the coming days, and ETH could reach the $2,800 level, which coincides with the bottom of the uptrend channel.The outlook for Ethereum remains negative, and it is expected to reach the 0/8 Murray level around $2,500 in the medium term.The material has been provided by InstaForex Company - www.instaforex.com Visitante_b6cd8a0e 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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