
{"id":111984,"date":"2025-11-11T03:08:26","date_gmt":"2025-11-11T03:08:26","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=111984"},"modified":"2025-11-11T03:08:26","modified_gmt":"2025-11-11T03:08:26","slug":"ethereum-poised-for-breakout-can-eth-finally-clear-crucial-resistance","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=111984","title":{"rendered":"Ethereum Poised for Breakout \u2014 Can ETH Finally Clear Crucial Resistance?"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above $3,500. ETH is showing positive signs but faces hurdles near the $3,650 resistance.<\/em><\/p>\n<p>Ethereum started a decent upward move above $3,420 and $3,500.<br \/>\nThe price is trading above $3,550 and the 100-hourly Simple Moving Average.<br \/>\nThere is a bullish trend line forming with support at $3,520 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could continue to move up if it clears the $3,650 zone.<\/p>\n<h2>Ethereum Price Faces Resistance<\/h2>\n<p>Ethereum price managed to stay above $3,250 and started a recovery wave, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-attempts-rebound-106500\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price was able to climb above the $3,350 and $3,420 resistance levels.<\/p>\n<p>The bulls pushed the price above the 61.8% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The upward move was such that the price spiked to test the key hurdle at $3,650. Besides, there is a bullish trend line forming with support at $3,520 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading above $3,550 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-recovers-steadily-3720\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. If there is another recovery wave, the price could face resistance near the $3,650 level. The next key resistance is near the $3,710 level and the 76.4% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Ethereum_63b829.png\"><\/a><\/p>\n<p>The first major resistance is near the $3,740 level. A clear move above the $3,740 resistance might send the price toward the $3,880 resistance. An upside break above the $3,880 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,920 resistance zone or even $3,950 in the near term.<\/p>\n<h2>Another Pullback In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,650 resistance, it could start a fresh decline. Initial support on the downside is near the $3,540 level or the trend line. The first major support sits near the $3,485 zone.<\/p>\n<p>A clear move below the $3,485 support might push the price toward the $3,360 support. Any more losses might send the price toward the $3,260 region in the near term. The next key support sits at $3,200 and $3,180.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,485<\/p>\n<p>Major Resistance Level \u2013 $3,650<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above $3,500. ETH is showing positive signs but faces hurdles near the $3,650 resistance. Ethereum started a decent upward move above $3,420 and $3,500. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,520 on the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":111985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111984"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111984"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/111985"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}