{"id":86572,"date":"2025-08-07T03:18:28","date_gmt":"2025-08-07T03:18:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=86572"},"modified":"2025-08-07T03:18:28","modified_gmt":"2025-08-07T03:18:28","slug":"ethereum-price-looks-strong-uptrend-may-resume-above-key-zone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=86572","title":{"rendered":"Ethereum Price Looks Strong \u2013 Uptrend May Resume Above Key Zone"},"content":{"rendered":"

Ethereum price found support near the $3,540 zone and recovered. ETH is rising and might soon aim for a move above the $3,740 zone.<\/em><\/p>\n

Ethereum started a fresh increase above the $3,540 and $3,580 levels.
\nThe price is trading above $3,620 and the 100-hourly Simple Moving Average.
\nThere was a break above a bearish trend line with resistance at $3,625 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it remains supported above the $3,540 zone in the near term.<\/p>\n

Ethereum Price Aims Higher<\/h2>\n

Ethereum price started a fresh increase from the $3,540 support zone, beating Bitcoin<\/a>. ETH price was able to recover above the $3,550 and $3,580 resistance levels.<\/p>\n

The bulls even pushed the price above the $3,700 resistance zone<\/a>. However, the bears remained active near the $3,750 zone. A high was formed at $3,733 and the price corrected some gains. There was a move below the $3,620 level.<\/p>\n

The price tested the 50% Fib retracement level of the upward move from the $3,350 swing low to the $3,733 high. ETH is again rising above $3,600. There was a break above a bearish trend line with resistance at $3,625 on the hourly chart of ETH\/USD.<\/p>\n

Ethereum price is now trading above $3,600 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,700 level. The next key resistance is near the $3,720 level.<\/p>\n

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

The first major resistance is near the $3,750 level. A clear move above the $3,750 resistance might send the price toward the $3,820 resistance. An upside break above the $3,820 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,000 resistance zone or even $4,120 in the near term.<\/p>\n

Are Dips Supported In ETH?<\/h2>\n

If Ethereum fails to clear the $3,720 resistance, it could start a fresh decline. Initial support on the downside is near the $3,620 level. The first major support sits near the $3,580 zone.<\/p>\n

A clear move below the $3,580 support might push the price toward the $3,540 support. Any more losses might send the price toward the $3,440 support level in the near term. The next key support sits at $3,350.<\/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 $3,540<\/p>\n

Major Resistance Level \u2013 $3,750<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price found support near the $3,540 zone and recovered. ETH is rising and might soon aim for a move above the $3,740 zone. Ethereum started a fresh increase above the $3,540 and $3,580 levels. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a bearish trend […]<\/p>\n","protected":false},"author":0,"featured_media":86573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86572","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\/86572"}],"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=86572"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/86573"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}