#Ethereum Weekly Analysis:Our $4,800 target has been hit

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#Ethereum Weekly Analysis: Our $4,800 target has been hitEthereum / U.S. dollarBITSTAMP:ETHUSDCryptoSkullSignal#Ethereum Weekly Analysis: Our $4,800 target has been hit, and ETH is now testing the key resistance zone between $4,800–$5,000. A push above $5,000 and strong holding could open the way for further continuation, but for now, rejection looks likely. With the September rate cut news in play, this move seems more like a sell-the-news event test. Now ETH looks likely to fail at $4,000, and if it does not hold and breaks below, we could see downside toward $3,500–$2,900.