Ethereum Price Clears Important Resistance
Ethereum ($eth) officially recovered the $3,000 level and marked a major psychological and technical breakthrough. The daily chart shows a strong bullish structure backed by sustained movements above the nine- and 21-day moving averages, with RSI pushing into over-acquired territory at 72.87.
ETH/USD 1 hour chart – TradingView
Breakouts take place after weeks of accumulation ranging from $2,732 to $2,815. That integration now serves as a support zone, and bullish emotions are in control as long as ETH does not fall under it.
ETH COIN HOURLY CHART signals short-term cool off
Daily trends look strong, but the one-hour chart reveals a temporary pause. The ETH is just over $3,000, with RSI cooling at around 49.89. Prices hover around Emma at 9 and 21, indicating indecisiveness. However, multiple bullish crossovers these days suggest that buyers will continue to operate at the dip.
ETH/USD 1 hour chart – TradingView
If your ETH holds $3,000, it could potentially charge it for a ride up to the next major resistance of $3,200. However, if you can’t maintain your current level, you could end up with a retest of $2,815 or $2,732.
Ethereum Price Prediction: How much higher is the ETH price?
As long as ETH is above the $2,815 support level, the next bullish target is $3,200. Momentum indicators remain favorable, and in-house purchases across the crypto market add fuel to the upward trend. However, the weakness of the acquired RSI and lower time frame may indicate short integration before the next leg rises.
