On the weekly chart, ETH seems to be in the handle of a cup & handle formation. Volume is below average, as expected during this phase.
If ETH rises to above $4000 and completes the handle, it has the potential to go all the way up to $6400 (with temporary resistances at $4400 and $4900), where it would also meet the 61.8% Fibonacci extension.
If ETH rises to above $4000 and completes the handle, it has the potential to go all the way up to $6400 (with temporary resistances at $4400 and $4900), where it would also meet the 61.8% Fibonacci extension.