Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»EXCHANGE NEWS»Ethereum Bulls Keep Pushing On and Why ETH Could Test $3K Soon
EXCHANGE NEWS

Ethereum Bulls Keep Pushing On and Why ETH Could Test $3K Soon

By Crypto FlexsFebruary 15, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Bulls Keep Pushing On and Why ETH Could Test K Soon
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price is showing strength above the $2,700 support level. ETH still finds support and is looking at further upside towards the $3,000 resistance.

  • Ethereum is consolidating gains above the $2,770 support area.
  • The price is trading above $2,780 and the 100-hour simple moving average.
  • The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $2,700.
  • The pair may continue to rise towards the $3,000 resistance zone.

Ethereum price still maintains strong upward trend

Ethereum price remained well above the $2,650 level. ETH settled above the $2,700 barrier to move further into positive territory like Bitcoin. The bulls were able to push the price above the $2,750 and $2,800 levels.

A new multi-week high was made near $2,826 and the price is currently on an upward trend. It is trading above the 23.6% Fib retracement level of the recent rally’s $2,589 swing low to $2,826 high. Additionally, on the hourly chart of ETH/USD, there is a major bullish trendline with support at $2,700.

Ethereum is currently trading above $2,780 and the 100-hour simple moving average. Immediate resistance is near the $2,825 level. The first major resistance is near the $2,850 level. The next major resistance is near $2,880, above which the price could rise to test the $2,950 resistance.

Source: ETHUSD on TradingView.com

If bulls push the price above the $2,950 resistance, Ether may surge above the $3,000 resistance. If stated, the price could rise to the $3,045 level.

Are dips limited in ETH?

If Ethereum fails to clear the $2,825 resistance, a downward correction could begin. Initial support for the downside is near the $2,770 level.

The next major support could be in the $2,725 area. A clear move below the $2,725 support could lead the price towards the $2,700 trend line or the 50% Fib retracement level of the recent rally from the $2,589 low to the $2,826 high. Key support could be at $2,640 or the 100-hour SMA. Any more losses could push the price down to the $2,550 level.

technical indicators

Hourly MACD – ETH/USD MACD is gaining momentum in the bullish zone.

RSI per hour – The RSI for ETH/USD is now above the 50 level.

Key Support Level – $2,700

Key Resistance Level – $2,880

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Investors are the main level of support of the eyes.

June 6, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025

The price is farther, and the investor of EDGE

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025
Most Popular

Ditch UNI and buy PEPE. Is it a memecoin and not DeFi?

April 30, 2024

Grayscale meets with SEC, Hashdex releases ads

December 21, 2023

Solana-based DePlan wants to revamp the subscription system: Will it work?

July 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.