The higher timeframe Ethereum price prediction was bullish and a move toward $4k is likely according to the liquidation charts.
A week ago, Ethereum appeared to break down beneath the ascending triangle pattern- but the bulls quickly turned this around.and targeted the $3.5k and $4k psychological levels. AMBCrypto’s technical analysis showed that the $3,562 area could be key to the next impulse move.highlighted demand for the network. The Ethereum price prediction is strongly bullish on the higher timeframes after the recent rally.appeared to break down beneath the ascending triangle pattern.
The OBV surged past three-month highs and was near the levels from June. The RSI was at 79.5 to show intense bullish momentum. On the weekly timeframe, the $3,562 was the lower high that heralded the downtrend after July. A move beyond this level would make $4k the next price target for ETH.AMBCrypto analyzed the six-month look-back period liquidation heatmap and found that there were bands of liquidity that reached up to the $4k mark.
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