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

Bitcoin Price Watch: Miners show strength, but lungs are in danger – why?

2025-05-11

Vector Smart Chain mentions former CityGroup CFO, introduces fixed gas costs

2025-05-11

Bitcoin Bulls Beware! – This price can be a high -leverage false door

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Vector Smart Chain mentions former CityGroup CFO, introduces fixed gas costs

    2025-05-11

    Map -Protocol reveals revolutionary interoperability between Bitcoin and Solana networks

    2025-05-11

    DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

    2025-05-11

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-10
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

    2025-05-10

    The German police interrupt $ 38,260,000 in crypto from Exchanges in the midst of allegations. The exchange has been washed bybit funds

    2025-05-10

    Trump Blackballs Lobby firm about controversy related to his ‘Crypto Strategic Reserve’ Truth Social Post: Report: Report

    2025-05-10

    Saudi -Arabia shuns a formal Brics membership to prevent us from encountering: report

    2025-05-10

    Founder of Crypto Lending Platform Celsius sentenced to 12 years in prison for fraud

    2025-05-10
  • Analysis

    Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

    2025-05-11

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbate’, while Paul Tudor Jones Braces for fresh market Lows

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-09

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Bulls seek a new advantage
Analysis

Bulls seek a new advantage

2025-01-18No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Ethereum price started a new recovery wave above the $3,250 zone. ETH is holding onto gains and could target another surge above the $3,480 zone.

  • Ethereum started a decent recovery wave above the $3,240 zone.
  • The price is trading above USD 3,300 and the 100-hourly Simple Moving Average.
  • There was a break above a connecting bearish trendline with resistance at $3,320 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to rise if it overcomes the $3,400 resistance level.

Ethereum price remains above key support

Ethereum price started a decent upward move above the USD 3,240 level, but the gains were limited compared to Bitcoin. ETH was able to break the USD 3,300 and USD 3,320 resistance levels and move into a positive short-term zone.

The pair even rose above the USD 3,350 and USD 3,400 levels. Finally, it tested the $3,480 zone. It reached a high at $3,473 and recently the price corrected some gains. There was a decline below the 23.6% Fib retracement level of the upward move from the $2,912 swing low to the $3,473 high.

Ethereum price is now trading above $3,280 and the 100-hourly Simple Moving Average. It is rising again and trading above $3,300. There was a break above a connecting bearish trendline with resistance at $3,320 on the hourly chart of ETH/USD.

On the upside, the price seems to be facing hurdles around the USD 3,400 level. The first major resistance is around the $3,420 level. The main resistance is now forming around $3,480. A clear move above the USD 3,480 resistance could send the price towards the USD 3,550 resistance.

See also  Crypto Trader Outlines Huge Price Target For Solana, Says SOL Amid Generational Opportunities For Bulls
Ethereum price
Source: ETHUSD on TradingView.com

An upside break above the USD 3,550 resistance could call for more gains in the coming sessions. In the mentioned case, Ether could rise towards the USD 3,650 or even USD 3,720 resistance zone in the short term.

Disadvantage correction in ETH?

If Ethereum fails to clear the USD 3,400 resistance, it could trigger another decline. The initial downside support is near the $3,280 level. The first major support is near the $3,200 or 50% Fib retracement level of the upward move from the $2,912 swing low to the $3,473 high.

A clear move below the USD 3,200 support could push the price towards the USD 3,120 support. Any further losses could send the price towards the USD 3,050 support level in the near term. The next major support is $3,000.

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 – $3,280

Major resistance level – $3,400

Source link

advantage Bulls seek
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Bulls Beware! – This price can be a high -leverage false door

2025-05-11

Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

2025-05-11

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

2025-05-10
Add A Comment

Comments are closed.

Top Posts

XRP price up to $ 110? Bollinger Bands Creator reveals why it will be a market leader

2025-03-15

How does USDT growth affect Bitcoin [BTC]? According to this data….

2023-05-14

Tether (USDT) Announces Expansion to Kava, CTO Praises Blockchain’s Level of Security

2023-06-21
Editors Picks

Tether CEO claims that Rivals want USDT ‘kill’ through legal and legislative channels

2025-02-25

Bulls Eye recovery with base building

2024-07-09

Decentralized Exchange Altcoin Surges Nearly 70% in a Week Amid Huge Support for Proposed Token Supply Cuts

2023-12-28

io.net partners with YOM to offer Web3 Cloud Gaming infrastructure

2024-11-07

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

Bitcoin Price Watch: Miners show strength, but lungs are in danger – why?

Vector Smart Chain mentions former CityGroup CFO, introduces fixed gas costs

Bitcoin Bulls Beware! – This price can be a high -leverage false door

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

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

  • bitcoinBitcoin(BTC)$103,965.920.41%
  • ethereumEthereum(ETH)$2,489.09-0.41%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.36-3.35%
  • binancecoinBNB(BNB)$652.58-0.71%
  • solanaSolana(SOL)$171.61-0.90%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.229419-3.60%
  • cardanoCardano(ADA)$0.80-4.61%
  • tronTRON(TRX)$0.2621180.28%
  • suiSui(SUI)$3.97-2.25%
  • chainlinkChainlink(LINK)$16.81-0.77%
  • avalanche-2Avalanche(AVAX)$24.68-0.58%
  • stellarStellar(XLM)$0.307153-0.85%
  • shiba-inuShiba Inu(SHIB)$0.000016-2.65%
  • hedera-hashgraphHedera(HBAR)$0.203765-5.59%
  • the-open-networkToncoin(TON)$3.38-0.50%
  • bitcoin-cashBitcoin Cash(BCH)$409.21-3.42%
  • hyperliquidHyperliquid(HYPE)$24.30-4.26%
  • polkadotPolkadot(DOT)$5.10-0.61%
  • unus-sed-leoUNUS SED LEO(LEO)$8.32-3.48%
  • piPi(PI)$1.0845.84%
  • litecoinLitecoin(LTC)$100.20-3.87%
  • moneroMonero(XMR)$340.332.91%
  • pepePepe(PEPE)$0.000014-1.52%
  • bitget-tokenBitget Token(BGB)$4.860.29%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.87-2.06%
  • bittensorBittensor(TAO)$447.09-1.73%
  • nearNEAR Protocol(NEAR)$3.142.31%
  • aptosAptos(APT)$5.901.60%
  • aaveAave(AAVE)$219.21-3.80%
  • okbOKB(OKB)$55.010.23%
  • ondo-financeOndo(ONDO)$1.02-4.15%
  • internet-computerInternet Computer(ICP)$5.692.85%
  • ethereum-classicEthereum Classic(ETC)$19.88-0.31%
  • kaspaKaspa(KAS)$0.1087991.28%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.68-4.69%
  • gatechain-tokenGateToken(GT)$21.80-1.75%
  • mantleMantle(MNT)$0.802.98%
  • render-tokenRender(RENDER)$5.15-2.25%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.255903-3.20%
  • vechainVeChain(VET)$0.030766-1.58%
  • crypto-com-chainCronos(CRO)$0.097757-4.15%
  • ethenaEthena(ENA)$0.4017122.23%
  • arbitrumArbitrum(ARB)$0.4564477.96%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • filecoinFilecoin(FIL)$3.150.90%
  • cosmosCosmos(ATOM)$5.291.97%
  • bitcoinBitcoin(BTC)$103,965.920.41%
  • ethereumEthereum(ETH)$2,489.09-0.41%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.36-3.35%
  • binancecoinBNB(BNB)$652.58-0.71%
  • solanaSolana(SOL)$171.61-0.90%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.229419-3.60%
  • cardanoCardano(ADA)$0.80-4.61%
  • tronTRON(TRX)$0.2621180.28%
  • suiSui(SUI)$3.97-2.25%
  • chainlinkChainlink(LINK)$16.81-0.77%
  • avalanche-2Avalanche(AVAX)$24.68-0.58%
  • stellarStellar(XLM)$0.307153-0.85%
  • shiba-inuShiba Inu(SHIB)$0.000016-2.65%
  • hedera-hashgraphHedera(HBAR)$0.203765-5.59%
  • the-open-networkToncoin(TON)$3.38-0.50%
  • bitcoin-cashBitcoin Cash(BCH)$409.21-3.42%
  • hyperliquidHyperliquid(HYPE)$24.30-4.26%
  • polkadotPolkadot(DOT)$5.10-0.61%
  • unus-sed-leoUNUS SED LEO(LEO)$8.32-3.48%
  • piPi(PI)$1.0845.84%
  • litecoinLitecoin(LTC)$100.20-3.87%
  • moneroMonero(XMR)$340.332.91%
  • pepePepe(PEPE)$0.000014-1.52%
  • bitget-tokenBitget Token(BGB)$4.860.29%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.87-2.06%
  • bittensorBittensor(TAO)$447.09-1.73%
  • nearNEAR Protocol(NEAR)$3.142.31%
  • aptosAptos(APT)$5.901.60%
  • aaveAave(AAVE)$219.21-3.80%
  • okbOKB(OKB)$55.010.23%
  • ondo-financeOndo(ONDO)$1.02-4.15%
  • internet-computerInternet Computer(ICP)$5.692.85%
  • ethereum-classicEthereum Classic(ETC)$19.88-0.31%
  • kaspaKaspa(KAS)$0.1087991.28%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.68-4.69%
  • gatechain-tokenGateToken(GT)$21.80-1.75%
  • mantleMantle(MNT)$0.802.98%
  • render-tokenRender(RENDER)$5.15-2.25%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.255903-3.20%
  • vechainVeChain(VET)$0.030766-1.58%
  • crypto-com-chainCronos(CRO)$0.097757-4.15%
  • ethenaEthena(ENA)$0.4017122.23%
  • arbitrumArbitrum(ARB)$0.4564477.96%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • filecoinFilecoin(FIL)$3.150.90%
  • cosmosCosmos(ATOM)$5.291.97%