Ethereum’s current price is 3,677 USD, having increased by 16.5% this week. It faces significant resistance at 3,800 USD due to low exchange supply, indicated by an Exchange Supply Ratio of 0.145, suggesting limited sellable ETH is available.
To gain upward momentum, ETH must overcome the 3,896 USD resistance, potentially reaching 4,402 USD. Key support levels are set at 3,635 USD and 3,480 USD, with drops below these levels potentially weakening the bullish outlook.
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