Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Milei closes Libra Task Force and investigates ties with its administration

2025-05-20

Ethereum: What you need to know about the 10-year low exchange stock of ETH

2025-05-20

The Supreme Court of India calls for clear crypto guidelines not outright prohibition

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20

    XRP Price Eyes Winins, but technically suggests that upsides can be limited

    2025-05-20

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Will there be a step up?
Analysis

Will there be a step up?

2025-01-07No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Ethereum price extended its rise above the $3,650 zone. ETH is consolidating and aiming for a fresh rise above the USD 3,750 resistance.

  • Ethereum started a decent recovery wave above the $3,700 zone.
  • The price is trading above USD 3,650 and the 100-hourly Simple Moving Average.
  • A connecting bullish trendline is forming with support at $3,660 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to rise if it overcomes the $3,750 resistance level.

Ethereum price rises above USD 3,700

Ethereum price remained stable above the USD 3,550 level and continued its upward movement, just like Bitcoin. ETH gained pace and rose above the USD 3,620 and USD 3,650 resistance levels.

The bulls managed to surpass the USD 3,700 resistance level. It opened the doors for a move towards the $3,750 level. It reached a high at $3,742 and the price is now consolidating gains. There was a small decline below the 23.6% Fib retracement level on the upward move from the $3,593 swing low to the $3,742 high.

Ethereum price is now trading above $3,660 and the 100-hourly Simple Moving Average. A connecting bullish trendline is also forming with support at $3,660 on the hourly chart of ETH/USD. The trendline is close to the 50% Fib retracement level of the upward move from the $3,593 swing low to the $3,742 high.

On the upside, the price seems to be facing hurdles around the USD 3,710 level. The first major resistance is around the $3,750 level. The main resistance is now forming around $3,780. A clear move above the USD 3,780 resistance could send the price towards the USD 3,850 resistance.

See also  Texas a step away from creating official Bitcoin Reserve
Ethereum price
Source: ETHUSD on TradingView.com

An upside break above the USD 3,850 resistance could fuel more gains in the coming sessions. In the mentioned case, Ether could rise towards the USD 3,920 or even USD 4,000 resistance zone in the short term.

Another drop in ETH?

If Ethereum fails to clear the USD 3,750 resistance, it could trigger another decline. The initial downside support is near the $3,660 level and the trendline. The first major support is around $3,620.

A clear move below the USD 3,620 support could push the price towards the USD 3,550 support. Any further losses could send the price towards the USD 3,500 support level in the near term. The next major support is at $3,420.

Technical indicators

hourly MACD – The MACD for ETH/USD is gaining strength in the bullish zone.

RSI per hour – The RSI for ETH/USD is now above the 50 zone.

Major support level – $3,660

Major resistance level – $3,750

Source link

step
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Milei closes Libra Task Force and investigates ties with its administration

2025-05-20

Ethereum -price flashes bullish signal, but can it flow through obstacles?

2025-05-20

XRP Price Eyes Winins, but technically suggests that upsides can be limited

2025-05-20

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

2025-05-20
Add A Comment

Comments are closed.

Top Posts

Experts predict a target of $36,000 as the market outlook remains positive

2023-05-06

Ethereum price lacks momentum above USD 1,660, ETH holders are safe: here’s why

2023-09-20

Is a 326% rally to $0.00003474 possible from here?

2024-11-01
Editors Picks

Cardano: Are NFTs the catalyst ADA needs now?

2024-01-31

DAOs: In Search of Legal Personality & Limited Liability

2023-04-26

Can Terra Classic’s USTC Stablecoin Ever Reclaim $1?

2022-10-18

Bitcoin can exchange sideways for 2 weeks before the next leg is up

2025-05-16
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Milei closes Libra Task Force and investigates ties with its administration

Ethereum: What you need to know about the 10-year low exchange stock of ETH

The Supreme Court of India calls for clear crypto guidelines not outright prohibition

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$107,193.231.73%
  • ethereumEthereum(ETH)$2,520.550.18%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.36-1.22%
  • binancecoinBNB(BNB)$649.850.08%
  • solanaSolana(SOL)$168.821.77%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2265960.92%
  • cardanoCardano(ADA)$0.740.28%
  • tronTRON(TRX)$0.2700891.78%
  • suiSui(SUI)$3.922.63%
  • chainlinkChainlink(LINK)$15.71-0.37%
  • avalanche-2Avalanche(AVAX)$22.581.66%
  • stellarStellar(XLM)$0.2869260.19%
  • hyperliquidHyperliquid(HYPE)$26.07-1.55%
  • shiba-inuShiba Inu(SHIB)$0.0000150.28%
  • hedera-hashgraphHedera(HBAR)$0.1947021.48%
  • unus-sed-leoUNUS SED LEO(LEO)$8.730.40%
  • bitcoin-cashBitcoin Cash(BCH)$392.320.02%
  • the-open-networkToncoin(TON)$3.082.36%
  • polkadotPolkadot(DOT)$4.671.74%
  • litecoinLitecoin(LTC)$94.41-4.64%
  • moneroMonero(XMR)$349.791.81%
  • bitget-tokenBitget Token(BGB)$5.15-0.69%
  • pepePepe(PEPE)$0.000013-0.24%
  • piPi(PI)$0.753.10%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • aaveAave(AAVE)$258.847.24%
  • uniswapUniswap(UNI)$5.970.14%
  • bittensorBittensor(TAO)$417.242.26%
  • nearNEAR Protocol(NEAR)$2.812.30%
  • aptosAptos(APT)$5.160.25%
  • okbOKB(OKB)$52.14-0.05%
  • ondo-financeOndo(ONDO)$0.952.48%
  • kaspaKaspa(KAS)$0.1097942.73%
  • internet-computerInternet Computer(ICP)$5.261.28%
  • ethereum-classicEthereum Classic(ETC)$18.45-0.02%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.786.80%
  • gatechain-tokenGateToken(GT)$21.450.17%
  • crypto-com-chainCronos(CRO)$0.0963940.61%
  • mantleMantle(MNT)$0.753.39%
  • vechainVeChain(VET)$0.0284691.97%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232091-0.39%
  • render-tokenRender(RENDER)$4.662.12%
  • ethenaEthena(ENA)$0.3834385.32%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2238721.13%
  • arbitrumArbitrum(ARB)$0.3944411.18%
  • filecoinFilecoin(FIL)$2.86-0.16%
  • bitcoinBitcoin(BTC)$107,193.231.73%
  • ethereumEthereum(ETH)$2,520.550.18%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.36-1.22%
  • binancecoinBNB(BNB)$649.850.08%
  • solanaSolana(SOL)$168.821.77%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2265960.92%
  • cardanoCardano(ADA)$0.740.28%
  • tronTRON(TRX)$0.2700891.78%
  • suiSui(SUI)$3.922.63%
  • chainlinkChainlink(LINK)$15.71-0.37%
  • avalanche-2Avalanche(AVAX)$22.581.66%
  • stellarStellar(XLM)$0.2869260.19%
  • hyperliquidHyperliquid(HYPE)$26.07-1.55%
  • shiba-inuShiba Inu(SHIB)$0.0000150.28%
  • hedera-hashgraphHedera(HBAR)$0.1947021.48%
  • unus-sed-leoUNUS SED LEO(LEO)$8.730.40%
  • bitcoin-cashBitcoin Cash(BCH)$392.320.02%
  • the-open-networkToncoin(TON)$3.082.36%
  • polkadotPolkadot(DOT)$4.671.74%
  • litecoinLitecoin(LTC)$94.41-4.64%
  • moneroMonero(XMR)$349.791.81%
  • bitget-tokenBitget Token(BGB)$5.15-0.69%
  • pepePepe(PEPE)$0.000013-0.24%
  • piPi(PI)$0.753.10%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • aaveAave(AAVE)$258.847.24%
  • uniswapUniswap(UNI)$5.970.14%
  • bittensorBittensor(TAO)$417.242.26%
  • nearNEAR Protocol(NEAR)$2.812.30%
  • aptosAptos(APT)$5.160.25%
  • okbOKB(OKB)$52.14-0.05%
  • ondo-financeOndo(ONDO)$0.952.48%
  • kaspaKaspa(KAS)$0.1097942.73%
  • internet-computerInternet Computer(ICP)$5.261.28%
  • ethereum-classicEthereum Classic(ETC)$18.45-0.02%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.786.80%
  • gatechain-tokenGateToken(GT)$21.450.17%
  • crypto-com-chainCronos(CRO)$0.0963940.61%
  • mantleMantle(MNT)$0.753.39%
  • vechainVeChain(VET)$0.0284691.97%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232091-0.39%
  • render-tokenRender(RENDER)$4.662.12%
  • ethenaEthena(ENA)$0.3834385.32%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2238721.13%
  • arbitrumArbitrum(ARB)$0.3944411.18%
  • filecoinFilecoin(FIL)$2.86-0.16%