{"id":118537,"date":"2025-12-08T03:28:52","date_gmt":"2025-12-08T03:28:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=118537"},"modified":"2025-12-08T03:28:52","modified_gmt":"2025-12-08T03:28:52","slug":"ethereum-price-targets-upside-break-as-buyers-tighten-grip-on-trend","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=118537","title":{"rendered":"Ethereum Price Targets Upside Break as Buyers Tighten Grip on Trend"},"content":{"rendered":"

Ethereum price started a fresh increase above $3,00<\/em>0. ETH is now consolidating gains and might aim for more gains above $3,150.<\/em><\/p>\n

Ethereum started a fresh increase above the $3,000 and $3,020 levels.
\nThe price is trading above $3,050 and the 100-hourly Simple Moving Average.
\nThere is a key bearish trend line forming with resistance at $3,140 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could continue to move up if it settles above the $3,150 zone.<\/p>\n

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

Ethereum price managed to stay above $2,920 and started a fresh increase, like Bitcoin<\/a>. ETH price gained strength for a move above the $3,000 and $3,020 resistance levels.<\/p>\n

Recently, the price saw a downside correction<\/a> from the $3,240 zone. There was a drop below the 50% Fib retracement level of the upward wave from the $2,718 swing low to the $3,240 low. However, the bulls remained active near the $2,920 zone.<\/p>\n

Ethereum price is now trading above $3,050 and the 100-hourly Simple Moving Average. If there is another upward move, the price could face resistance near the $3,140 level. There is also a key bearish trend line forming with resistance at $3,140 on the hourly chart of ETH\/USD.<\/p>\n

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

The next key resistance is near the $3,200 level. The first major resistance is near the $3,250 level. A clear move above the $3,250 resistance might send the price toward the $3,320 resistance. An upside break above the $3,320 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,450 resistance zone or even $3,500 in the near term.<\/p>\n

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

If Ethereum fails to clear the $3,140 resistance, it could start a fresh decline. Initial support on the downside is near the $3,050 level. The first major support sits near the $3,000 zone.<\/p>\n

A clear move below the $3,000 support might push the price toward the $2,950 support. Any more losses might send the price toward the $2,920 region and the 61.8% Fib retracement level of the upward wave from the $2,718 swing low to the $3,240 low. The next key support sits at $2,840 and $2,820.<\/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 $3,050<\/p>\n

Major Resistance Level \u2013 $3,140<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh increase above $3,000. ETH is now consolidating gains and might aim for more gains above $3,150. Ethereum started a fresh increase above the $3,000 and $3,020 levels. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at […]<\/p>\n","protected":false},"author":0,"featured_media":118538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118537","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\/118537"}],"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=118537"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118538"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}