{"id":117753,"date":"2025-12-04T03:18:49","date_gmt":"2025-12-04T03:18:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=117753"},"modified":"2025-12-04T03:18:49","modified_gmt":"2025-12-04T03:18:49","slug":"ethereum-surges-above-3200-as-traders-eye-a-stronger-bullish-extension","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=117753","title":{"rendered":"Ethereum Surges Above $3,200 as Traders Eye a Stronger Bullish Extension"},"content":{"rendered":"

Ethereum price started a fresh increase above $3,12<\/em>0. ETH is now attempting to clear the $3,250 resistance and might accelerate higher.<\/em><\/p>\n

Ethereum started a fresh increase above the $3,000 and $3,120 levels.
\nThe price is trading above $3,150 and the 100-hourly Simple Moving Average.
\nThere is a bullish trend line forming with support at $3,120 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could continue to move up if it settles above the $3,250 zone.<\/p>\n

Ethereum Price Eyes More Gains<\/h2>\n

Ethereum price managed to stay above $2,880 and started a fresh increase, like Bitcoin<\/a>. ETH price gained strength for a move above the $2,950 and $3,000 resistance levels.<\/p>\n

The bulls even pumped the price above $3,120. \u00a0However, the price is now testing a key barrier at $3,250. A high was formed at $3,239 and the price is now consolidating above the 23.6% Fib retracement level of the recent move<\/a> from the $2,718 swing low to the $3,239 low.<\/p>\n

Ethereum price is now trading above $3,150 and the 100-hourly Simple Moving Average. If there is another upward move, the price could face resistance near the $3,250 level.<\/p>\n

<\/a><\/p>\n

The next key resistance is near the $3,265 level. The first major resistance is near the $3,320 level. A clear move above the $3,320 resistance might send the price toward the $3,450 resistance. An upside break above the $3,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,500 resistance zone or even $3,540 in the near term.<\/p>\n

Downside Correction In ETH?<\/h2>\n

If Ethereum fails to clear the $3,250 resistance, it could start a fresh decline. Initial support on the downside is near the $3,160 level. The first major support sits near the $3,120 zone and the trend line.<\/p>\n

A clear move below the $3,120 support might push the price toward the $3,050 support. Any more losses might send the price toward the $2,980 region and the 50% Fib retracement level of the recent move from the $2,718 swing low to the $3,239 low in the near term. The next key support sits at $2,920 and $2,880.<\/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 $3,120<\/p>\n

Major Resistance Level \u2013 $3,250<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh increase above $3,120. ETH is now attempting to clear the $3,250 resistance and might accelerate higher. Ethereum started a fresh increase above the $3,000 and $3,120 levels. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,120 […]<\/p>\n","protected":false},"author":0,"featured_media":117754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117753","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\/117753"}],"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=117753"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117754"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}