Ethereum Struggles with Resistance Levels

In the cryptocurrency markets, Ethereum is drawing attention with its price above $3,500. It is expected to reach the next resistance level of $3,680 if it maintains this level. Breaking this critical resistance could provide an important upward momentum for Ethereum. Ethereum Seeks to Break Resistance According to recent data, Ethereum is trading above $3,500, testing levels around $3,450. The breakthrough of the $3,540 resistance level indicates that Ethereum may reach higher price levels. Ethereum is currently trading above $3,520 and the 100-hour Simple Moving Average. However, immediate resistances at $3,600 and $3,630 are hindering the upward movement. Breaking the $3,680 resistance level could lead to a significant upward momentum and a climb towards the $4,000 levels. Support and Resistance Levels for Ethereum In the event of a negative scenario, the initial support level for Ethereum is predicted to be $3,480. If Ethereum falls below this support level, it could […]

Ethereum Struggles with Resistance Levels

In the cryptocurrency markets, Ethereum is drawing attention with its price above $3,500. It is expected to reach the next resistance level of $3,680 if it maintains this level. Breaking this critical resistance could provide an important upward momentum for Ethereum.

Ethereum Seeks to Break Resistance

According to recent data, Ethereum is trading above $3,500, testing levels around $3,450. The breakthrough of the $3,540 resistance level indicates that Ethereum may reach higher price levels.

Ethereum is currently trading above $3,520 and the 100-hour Simple Moving Average. However, immediate resistances at $3,600 and $3,630 are hindering the upward movement. Breaking the $3,680 resistance level could lead to a significant upward momentum and a climb towards the $4,000 levels.

Support and Resistance Levels for Ethereum

In the event of a negative scenario, the initial support level for Ethereum is predicted to be $3,480. If Ethereum falls below this support level, it could decline to the critical support level of $3,450 and even $3,325. Technical indicators indicate the uncertainty of the current movement. The main support is $3,450, and the main resistance is set at $3,680, and Ethereum’s price seems to revolve around these levels.

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