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 → |
- The recent movements in Ethereum’s price have been noteworthy, particularly with its drop below the $3,320 support level.
- Despite the bearish trend, there are potential signs of recovery on the horizon for Ethereum.
- An important resistance level is currently forming at $3,440, which could dictate the next movement for ETH.
Ethereum faces a crucial resistance battle, as it seeks to recover from recent losses. Can ETH break above $3,440 to signal a bullish reversal?
Ethereum Finds Temporary Stability Amidst Volatility
Ethereum’s price recently took a hit, dropping below the crucial $3,320 support. This move replicated Bitcoin’s bearish trend, pushing ETH down to a low of $3,230. However, a swift recovery to levels above $3,320 indicates that bulls might be gearing up for another run. The current market dynamics show Ethereum trading under $3,400 and below the 100-hourly simple moving average, suggesting a short-term hurdle.
Resistance Levels and Potential Upside
For Ethereum to break its current cycle of losses, breaching key resistance levels is essential. The primary resistance stands near $3,440, reinforced by a bearish trend line visible on the ETH/USD hourly chart. Successfully surpassing this could direct ETH towards the next significant resistance at $3,540. Conquering the $3,540 mark could result in an accelerated rise towards $3,620, potentially touching $3,720 if momentum holds.
Possible Downside Risks
Despite some signs of recovery, Ethereum faces substantial challenges. Failure to clear the $3,450 resistance might instigate another slide. Initial support is near $3,325, setting a precarious base. The critical support level sits at $3,240; breaching this could accelerate declines towards $3,200 and possibly down to $3,120 if bearish pressure intensifies.
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 → |
Technical Insights
Examining technical indicators, the hourly MACD for ETH/USD is still in the bearish zone, implying deceleration in downside momentum. Conversely, the RSI for ETH/USD has moved above 50, hinting at a tentative bullish grip. The major levels to watch include support at $3,240 and resistance at $3,450. Observing how Ethereum interacts with these levels will be crucial in predicting its short-term trajectory.
Conclusion
In summary, Ethereum’s recent price action showcases a struggle between bearish pressures and a burgeoning bullish sentiment. The coming days are critical as ETH tests pivotal resistance and support levels. Traders and investors should closely monitor these developments, as breaking above $3,450 could herald a significant bullish reversal, while failing to hold the $3,240 support level might signal further losses.
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 → |
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 → |