| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- On Wednesday, Ethereum’s native coin, ETH, experienced a significant rejection at the resistance level of $2,871, but has since shown a strong upward movement of over 9%.
- At the time of writing, ETH is trading around $3,116, up by 0.47% in the last 24 hours, and is showing signs of moving further upward towards the 100-day Simple Moving Average (SMA) and the trendline.
- Technical indicators such as the 100-day moving average, the trendline, and the Relative Strength Index (RSI) suggest that the price of ETH might continue to move upward.
Ethereum’s ETH shows strong upward movement, trading around $3,116. Technical indicators suggest further upward movement.
Technical Indicators Point to Continued Upward Movement
Despite a significant rejection at the resistance level of $2,871, Ethereum’s native coin, ETH, has shown a strong upward movement of over 9%. Currently trading around $3,116, ETH is showing signs of moving further upward towards the 100-day Simple Moving Average (SMA) and the trendline. This upward movement is evident in both the 4-hour and the 1-day timeframe.
100-Day Moving Average and Trendline
Although ETH is currently moving towards the 100-day SMA and the trendline, it is still trading below these two indicators. This suggests that at a certain point, ETH could reverse its upward movement and continue to move towards the downside.
RSI Indicator
The Relative Strength Index (RSI) shows that the RSI signal line is trending above the 50 line. This strongly indicates that the price of ETH might continue to move upward.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
4-Hour MACD Indicator
The MACD histogram in the 4-hour timeframe has moved above the zero line. Additionally, the MACD line and the signal line have crossed and are heading towards the zero line. This suggests that there may be sustained upward price movement until a potential reversal.
Potential Resistance and Support Levels
Based on Ethereum’s previous movement, there are two resistance levels at $3,250 and $3,355, and a support level at $2,819. If ETH manages to break above the resistance level of $3,250, it might continue to move even further towards the $3,355 resistance level. On the contrary, if ETH fails to break its previous resistance level, it might reverse and start a move downward towards its previous support level of $2,819. Should ETH breach this level of support, it may descend even further to establish a new low.
| COINOTAG recommends • Exchange signup |
| 📈 Clear interface, precise orders |
| Sharp entries & exits with actionable alerts. |
| 👉 Create free account → |
| COINOTAG recommends • Exchange signup |
| 🧠 Smarter tools. Better decisions. |
| Depth analytics and risk features in one view. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| 🎯 Take control of entries & exits |
| Set alerts, define stops, execute consistently. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🛠️ From idea to execution |
| Turn setups into plans with practical order types. |
| 👉 Join now → |
| COINOTAG recommends • Exchange signup |
| 📋 Trade your plan |
| Watchlists and routing that support focus. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| 📊 Precision without the noise |
| Data‑first workflows for active traders. |
| 👉 Sign up → |
Conclusion
Ethereum’s ETH is showing a strong upward movement, trading around $3,116. Technical indicators such as the 100-day moving average, the trendline, and the RSI suggest further upward movement. However, potential resistance and support levels should be closely monitored for signs of a reversal.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
