Looking at the D1 interval, the price reached another target today - the level of $3,675, which results from previous price reactions. If the upward movement continues, an attack on resistance in the $4,000 region, i.e., historical highs, cannot be ruled out. On the other hand, in the event of a pullback, the nearest support will be the $3,400 level, which previously acted as resistance. For now, however, there are no supply signals on the chart.
Ethereum D1 interval. Source: xStation5
As for the lower time interval - H1, we are dealing with a strong upward trend. The price has made several corrections of the same range (marked with green rectangles), which, according to the Overbalance methodology, indicates a continuation of the trend. Therefore, it seems that as long as the 1:1 geometry is not negated, a further increase is possible. Even if the price falls below the 1:1 pattern, the EMA100 average, marked with a blue line in the chart below, will be a noteworthy support level.
Ethereum H1 interval. Source: xStation5
🟡Gold returns to market-driven valuation over risk sentiment. What lies ahead for prices?
Chart of the Day: CH50cash – Chinese Equities on the Offensive (10.04.2026)
Economic Calendar – Key U.S. Inflation Data (April 10, 2026)
Morning Wrap: Markets Still Cling to Peace Hopes as Iran Sends Mixed Signals (10.04.2026)
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
