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Ethereum price is rising from the $3,650 zone. ETH is gaining pace and might soon aim for a move above the $3,950 resistance zone.<\/em><\/p>\n

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Ethereum remained in a positive zone and stayed above the $3,680 zone.<\/li>\n
The price is trading above $3,770 and the 100-hourly Simple Moving Average.<\/li>\n
There was a break above a short-term bearish trend line with resistance at $3,870 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n

The pair could continue to rise if it clears the $3,890 resistance zone.<\/li>\n<\/ul>\n
Ethereum Price Eyes More Upsides<\/h2>\n
Ethereum price remained well-bid above the $3,670 support zone. ETH formed a base and recently started a fresh increase above $3,720 beating Bitcoin<\/a>. The bulls were able to push the price above the $3,780 resistance.<\/p>\n
There was a clear move above the 50% Fib retracement level of the downward move from the $3,956 swing high to the $3,680 low. Besides, there was a break above a short-term bearish trend line with resistance at $3,870 on the hourly chart of ETH\/USD.<\/p>\n
Ethereum price is now trading above $3,780 and the 100-hourly Simple Moving Average<\/a>. On the upside, the price seems to be facing hurdles near the $3,890 level. It is near the 76.4% Fib retracement level of the downward move from the $3,956 swing high to the $3,680 low.<\/p>\n
$\"Ethereum$ <\/a>
Source: ETHUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
The first major resistance is near the $3,950 level. The main resistance is now forming near $3,980. A clear move above the $3,980 resistance might send the price toward the $4,000 resistance. An upside break above the $4,000 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,050 resistance zone or even $4,120.<\/p>\n
Another Pullback In ETH?<\/h2>\n
If Ethereum fails to clear the $3,890 resistance, it could start another decline. Initial support on the downside is near the $3,820 level. The first major support sits near the $3,775 zone.<\/p>\n
A clear move below the $3,775 support might push the price toward the $3,720 support. Any more losses might send the price toward the $3,650 support level in the near term. The next key support sits at $3,620.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n
Hourly RSI \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n
Major Support Level \u2013 $3,775<\/p>\n
Major Resistance Level \u2013 $3,890<\/p>\n<\/p><\/div>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Este art\u00edculo tambi\u00e9n est\u00e1 disponible en espa\u00f1ol. Ethereum price is rising from the $3,650 zone. ETH is gaining pace and might soon aim for a move above the $3,950 resistance zone. Ethereum remained in a positive zone and stayed above the $3,680 zone. The price is trading above $3,770 and the 100-hourly Simple Moving Average. […]<\/p>\n","protected":false},"author":1,"featured_media":110657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[44,3372,739,1276,124,1438],"class_list":{"0":"post-110656","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-ethereum","9":"tag-gears","10":"tag-higher","11":"tag-highs","12":"tag-price","13":"tag-sight"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/110656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/comments?post=110656"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/110656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/110657"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=110656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=110656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=110656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}