Ethereum Price Maintains Strength at $3,250: Upside Ahead?

Ethereum Price Maintains Strength at $3,250: Upside Ahead?

Ethereum price remained supported above the $3,220 zone. ETH is consolidating and might aim for a move above the $3,400 resistance.


  • Ethereum started a fresh increase from the $3,250 support zone.

  • The price is trading above $3,350 and the 100-hourly Simple Moving Average.

  • There was a break above a connecting bearish trend line with resistance at $3,320 on the hourly chart of ETH/USD (data feed via Kraken).

  • The pair could gain bullish momentum if it clears the $3,400 resistance zone.

  • Ethereum Price Remains Stable and Eyes More Upsides


    Ethereum price remained supported above $3,200 and started a fresh increase while Bitcoin corrected gains. ETH is stable above $3,250 and is currently rising.


    There was a move above the $3,300 and $3,350 resistance levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $3,545 swing high to the $3,254 low. There was also a break above a connecting bearish trend line with resistance ..

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