Ethereum is currently exhibiting a bullish trend, as indicated by its MACD histogram, which stands at 11.4494. This positive momentum suggests that the price of Ethereum, represented by $ETH, is on track to reach a target range of $4,800 to $5,200 within the next four weeks. However, it is important to note that there is a critical resistance level at $4,755 that could impact its upward movement. Despite some near-term consolidation, the overall outlook for Ethereum remains optimistic as it aims for significant price milestones in the coming months.



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