{"id":11405,"date":"2024-11-11T03:48:46","date_gmt":"2024-11-11T03:48:46","guid":{"rendered":"https:\/\/cryptd.in\/ethereum-price-hits-3k-milestone-again-will-the-gains-keep-coming\/"},"modified":"2024-11-11T03:48:46","modified_gmt":"2024-11-11T03:48:46","slug":"ethereum-price-hits-3k-milestone-again-will-the-gains-keep-coming","status":"publish","type":"post","link":"https:\/\/cryptd.in\/sk\/ethereum-price-hits-3k-milestone-again-will-the-gains-keep-coming\/","title":{"rendered":"Ethereum Price Hits $3K Milestone Again: Will The Gains Keep Coming?"},"content":{"rendered":"<p><em>Ethereum price started a fresh increase above the $3,000 resistance. ETH is up over 10% and now approaches the key barrier at $3,250.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh surge above the $2,880 resistance zone.<\/li>\n<li>The price is trading above $3,000 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a new bullish trend line forming with support at $3,120 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to rise if it clears the $3,250 resistance.<\/li>\n<\/ul>\n<h2>Ethereum Price Regains Momentum<\/h2>\n<p>Ethereum price started a fresh increase above the $2,750 resistance like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-hits-80k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH was able to climb above the $2,880 and $3,000 resistance levels to move further into a positive zone.<\/p>\n<p>It even surged above the $3,120 level in the past few sessions. It is up over 10% and there was a move above $3,150. A high is formed at $3,249 before there was a minor pullback. There was a move below the 50% Fib retracement level of the upward move from the $3,020 swing low to the $3,249 high.<\/p>\n<p>However, the bulls were active near the $3,080 level and the 76.4% Fib retracement level of the upward move from the $3,020 swing low to the $3,249 high. Ethereum price is now trading above $3,120 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-rise-3000\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. There is also a new bullish trend line forming with support at $3,120 on the hourly chart of ETH\/USD.<\/p>\n<p>On the upside, the price seems to be facing hurdles near the $3,200 level. The first major resistance is near the $3,250 level. The main resistance is now forming near $3,300. A clear move above the $3,300 resistance might send the price toward the $3,350 resistance.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Ethereum_c1e53d.png\"><img decoding=\"async\" data-recalc-dims=\"1\" class=\"wp-image-652480 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/11\/Ethereum_c1e53d.png?resize=1024%2C478\" alt=\"Ethereum Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/a><\/p>\n<p>An upside break above the $3,420 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,500 resistance zone.<\/p>\n<h2>Are Dips Supported In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,250 resistance, it could start a downside correction. Initial support on the downside is near the $3,150 level. The first major support sits near the $3,120 zone and the trend line.<\/p>\n<p>A clear move below the $3,120 support might push the price toward $3,080. Any more losses might send the price toward the $3,050 support level in the near term. The next key support sits at $3,000.<\/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 $3,120<\/p>\n<p>Major Resistance Level \u2013 $3,250<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh increase above the $3,000 resistance. ETH is up over 10% and now approaches the key barrier at $3,250. Ethereum started a fresh surge above the $2,880 resistance zone. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There is a new bullish trend line forming with support [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":11406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethereum Price Hits $3K Milestone Again: Will The Gains Keep Coming? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/sk\/ethereum-price-hits-3k-milestone-again-will-the-gains-keep-coming\/\" \/>\n<meta property=\"og:locale\" content=\"sk_SK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Price Hits $3K Milestone Again: Will The Gains Keep Coming? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Ethereum price started a fresh increase above the $3,000 resistance. ETH is up over 10% and now approaches the key barrier at $3,250. Ethereum started a fresh surge above the $2,880 resistance zone. The price is trading above $3,000 and the 100-hourly Simple Moving Average. 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