Ethereum

Momentum

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Resistance

<ul> 
 <li>Ethereum’s price stabilizes above $3,500, hinting at a potential surge towards the $4,000 mark.</li> 
 <li>A significant resistance break at $3,540 on ETH/USD charts suggests increasing bullish momentum.</li> 
 <li>“The next key resistance sits at $3,680, above which the price might gain bullish momentum,” highlighting a pivotal moment for Ethereum’s trajectory.</li> 
</ul> 
<p><strong>Ethereum price holds strong above $3,500, with indicators pointing towards a continued upward journey. A crucial test awaits at the $3,680 resistance, potentially paving the way to $4,000.</strong></p> 
<h2 id="strong-ethereum-s-bullish-outlook-intact-above-3-500-strong"><strong>Ethereum’s Bullish Outlook Intact Above $3,500</strong></h2> 
<p><a href="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?quality=70&amp;ssl=1"><img loading="lazy" decoding="async" class="alignnone size-full wp-image-137335" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=696%2C348&amp;quality=70&amp;ssl=1" alt="Ethereum Chart ETHUSDT 4D on Binance" width="696" height="348" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?w=2560&amp;quality=70&amp;ssl=1 2560w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=300%2C150&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=1024%2C512&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=768%2C384&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=1536%2C768&amp;quality=70&amp;ssl=1 1536w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=2048%2C1023&amp;quality=70&amp;ssl=1 2048w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=150%2C75&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=696%2C348&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=1068%2C534&amp;quality=70&amp;ssl=1 1068w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?resize=1920%2C959&amp;quality=70&amp;ssl=1 1920w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/03/Ethereum-Chart-ETHUSDT-4D-on-Binance-scaled.webp?w=1392&amp;quality=70&amp;ssl=1 1392w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></a></p> 
<p>Ethereum has once again averted a prolonged downside correction, finding solid support around the $3,450 level. This resilience has allowed ETH to climb higher, surpassing the $3,520 resistance and positioning itself above the 100-hourly Simple Moving Average. The break above a critical bearish trend line at $3,540 on the hourly chart marks a significant bullish signal. With Ethereum now trading above these key levels, all eyes are on the immediate resistance at $3,600 and the major hurdle at $3,630 — the gateway to further gains.</p> 
<h3 id="strong-approaching-the-crucial-3-680-resistance-strong"><strong>Approaching the Crucial $3,680 Resistance</strong></h3> 
<p>As Ethereum approaches the $3,680 resistance, the anticipation of a breakout grows. Surpassing this level could trigger a strong rally towards $3,800, with the potential to extend gains to $3,920 and possibly the coveted $4,000 mark. This scenario depends on Ethereum’s ability to maintain its current momentum and break through these critical resistance zones. The market’s optimism is cautiously optimistic, with technical indicators supporting a bullish outlook.</p> 
<h3 id="strong-the-flip-side-potential-for-a-pullback-strong"><strong>The Flip Side: Potential for a Pullback</strong></h3> 
<p>However, Ethereum is not without its challenges. Failure to breach the $3,630 resistance could lead to another decline, testing initial supports near $3,540 and major support zones at $3,480 and $3,450. A decisive drop below these levels could see Ethereum retreating towards $3,325 or even $3,250, underscoring the importance of the current resistance levels as pivotal points for Ethereum’s short-term trajectory.</p> 
<h2 id="strong-technical-indicators-show-mixed-signals-strong"><strong>Technical Indicators Show Mixed Signals</strong></h2> 
<p>While the MACD indicator is showing a loss of momentum in the bullish zone, the RSI remains above the 50 level, indicating a potential for continued upward movement. These mixed signals suggest a cautious optimism among traders and analysts alike, with a close eye on the $3,680 resistance as a decisive factor for Ethereum’s immediate direction.</p> 
<h3 id="strong-conclusion-strong"><strong>Conclusion</strong></h3> 
<p>Ethereum’s current stance above the $3,500 mark and its approach towards breaking the $3,680 resistance could signal the beginning of another significant rally. As Ethereum gears up for a potential lift-off towards $4,000, the cryptocurrency community remains watchful of its ability to overcome immediate hurdles. The coming days will be crucial in determining whether Ethereum can sustain its bullish momentum or if a pullback is on the horizon. For now, the path to $4,000 remains a tangible possibility for Ethereum, contingent on its performance at key resistance levels.</p>

Ethereum Targets $4K Milestone: Momentum Builds Beyond $3,680 Resistance

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