Ethereum Price at Risk: Could $3K Be Tested Soon?
08 Enero 2025 - 9:28PM
NEWSBTC
Ethereum price failed to clear the $3,450 resistance and extended
losses. ETH is struggling and might continue to move down if it
stays below $3,500. Ethereum started a fresh decline from the
$3,450 zone. The price is trading below $3,400 and the 100-hourly
Simple Moving Average. There is a connecting bearish trend line
forming with resistance at $3,340 on the hourly chart of ETH/USD
(data feed via Kraken). The pair could struggle to start a fresh
increase above the $3,400 resistance level. Ethereum Price Extend
Losses Ethereum price failed to start a recovery wave above the
$3,500 level and extended losses like Bitcoin. ETH declined below
the $3,450 and $3,400 support levels. There was a clear move below
$3,350 and $3,320. A low was formed at $3,213 and the price is now
consolidating below the 23.6% Fib retracement level of the recent
decline from the $3,743 swing high to the $3,213 low. There is also
a connecting bearish trend line forming with resistance at $3,340
on the hourly chart of ETH/USD. Ethereum price is now trading below
$3,400 and the 100-hourly Simple Moving Average. On the upside, the
price seems to be facing hurdles near the $3,350 level and the
trend line. The first major resistance is near the $3,475 level or
the 50% Fib retracement level of the recent decline from the $3,743
swing high to the $3,213 low. The main resistance is now forming
near $3,500. A clear move above the $3,500 resistance might send
the price toward the $3,550 resistance. An upside break above the
$3,550 resistance might call for more gains in the coming sessions.
In the stated case, Ether could rise toward the $3,650 resistance
zone or even $3,720 in the near term. More Losses In ETH? If
Ethereum fails to clear the $3,400 resistance, it could start
another decline. Initial support on the downside is near the $3,280
level. The first major support sits near the $3,220. A clear move
below the $3,220 support might push the price toward the $3,150
support. Any more losses might send the price toward the $3,050
support level in the near term. The next key support sits at
$3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is
gaining momentum in the bearish zone. Hourly RSI – The RSI for
ETH/USD is now below the 50 zone. Major Support Level – $3,250
Major Resistance Level – $3,400
Ethereum (COIN:ETHUSD)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Ethereum (COIN:ETHUSD)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025