Technical analysis by DEXWireNews about Symbol ETH: Buy recommendation (8/11/2025)

The price of the notable Altcoin- Ethereum ( ETH ) is set to reclaim the $5k resistance amidst growing interest and buying momentum. For the past 3 months Ethereum ( ETH ) spiked 200+% breaking out from a cup and handle pattern amidst growing interest ikn the Ethereum chain. Crypto Pundits on X, LinkedIn and Discord envisage the influx of memecoins on the Ethereum ( ETH ) chain- while most skeptics think the layer 1 blockchain is dead, Ethereum's sojourn to the $5k pivot is just days away as popular folks like Eric Trump the son of the present president of USA hints on investor's to buy Ethereum's dip. As of the time of writing, ETH is up 0.58% already breaking the $4k resistance trading at $4276. With the Relative strength Index (RSI) at 71, ETH is on the verge of reaching overbought region. ETH might experience a respite before picking momentum up.