Ethereum price is moving higher above the $3,080 resistance zone. ETH could gain bullish momentum if there is a close above the $3,150 resistance.

    Ethereum Price Sets Sights on Upside Break: Indicators Turn Green



    Posted by kirtash93

    16 Comments

    1. coinfeeds-bot on

      tldr; Ethereum’s price is on an upward trend, surpassing the $3,080 resistance and aiming for a break above the $3,150 resistance level. After breaking a short-term bullish flag, Ethereum outperformed Bitcoin, testing the $3,150 zone and forming a high at $3,149. It’s now consolidating gains above $3,050 and the 100-hourly SMA. A close above $3,220 could push Ethereum towards the $3,320 and potentially $3,400 resistance levels. Conversely, failing to surpass $3,150 could lead to a decline, with major support at $3,020.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. No enthusiasm left. It’s pretty evident from the writer’s view. I guess we’ll have to wait for the outcome after ETFs approval. !tip 1

    3. Consistent-Revenue61 on

      Both 1 hour and 4 hour charts looks bullish. I hope we will rise above $3,400 soon.

      !tip 1

    4. Odd-Radio-8500 on

      >Indicators Turn Green

      All I want is to see the big green candles in the charts.

      !tip 1

    5. Salonicryptotimes on

      Ethereum appears to be headed toward a breakthrough as encouraging signs point in that direction.

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