
{"id":73206,"date":"2025-06-11T02:28:36","date_gmt":"2025-06-11T02:28:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=73206"},"modified":"2025-06-11T02:28:36","modified_gmt":"2025-06-11T02:28:36","slug":"ethereum-price-eyes-3k-milestone-momentum-builds-as-buyers-return","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=73206","title":{"rendered":"Ethereum Price Eyes $3K Milestone\u2014Momentum Builds as Buyers Return"},"content":{"rendered":"<p><em>Ethereum price started a fresh increase above the $2,650 zone. ETH is now consolidating and eyes more gains above the $2,850 resistance.<\/em><\/p>\n<p>Ethereum started a fresh increase above the $2,750 level.<br \/>\nThe price is trading above $2,700 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bullish trend line forming with support at $2,750 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could start a fresh surge if it clears the $2,850 zone in the near term.<\/p>\n<h2>Ethereum Price Rises Further<\/h2>\n<p>Ethereum price started a fresh increase after it found support near the $2,500 level, beating <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-rises-110k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price was able to clear the $2,600 and $2,650 resistance levels.<\/p>\n<p>The bulls pushed the price above $2,750. ETH even spiked above $2,800. A high was formed at $2,832 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high.<\/p>\n<p>Ethereum price is now trading above $2,750 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-pops-above-2700-2\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. There is also a key bullish trend line forming with support at $2,750 on the hourly chart of ETH\/USD.<\/p>\n<p>On the upside, the price could face resistance near the $2,820 level. The next key resistance is near the $2,850 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,920 resistance.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Ethereum_a6f480.png\"><\/a><\/p>\n<p>An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,120 in the near term.<\/p>\n<h2>Are Dips Supported In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,850 resistance, it could start a fresh decline. Initial support on the downside is near the $2,750 level. The first major support sits near the $2,650 zone and the 50% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high.<\/p>\n<p>A clear move below the $2,650 support might push the price toward the $2,600 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining 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 $2,750<\/p>\n<p>Major Resistance Level \u2013 $2,850<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh increase above the $2,650 zone. ETH is now consolidating and eyes more gains above the $2,850 resistance. Ethereum started a fresh increase above the $2,750 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,750 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":73207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-73206","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\/73206"}],"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=73206"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/73206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/73207"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}