Ethereum price trend is your friend, ETH targets $4,900 by year’s end

  • Ethereum price maintains support near the 50% retracement at $3,042.
  • ETH flashes a bearish momentum divergence on the daily Relative Strength Index (RSI) for the first time since February.
  • Ethereum price currently shows a 41.08% gain for 3Q, marking the seven consecutive positive quarter.

Ethereum price climbed almost 100% from July 20 low to the August 16 high before stalling at the 61.8% Fibonacci retracement of the May-July decline at $3,358. The rally’s strength…


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