CandleFocus Ethereum Price Hits $3K Milestone Again: Will The Gains Keep Coming?
2024-11-11
Author: Content Editor
The price of Ethereum has seen a significant increase, surpassing resistance levels at $2,750, $2,880, and $3,000. It has climbed above $3,120 and reached a high of $3,249 before experiencing a minor pullback. However, there is strong support near $3,080 and a bullish trend line forming at $3,120. The next resistance levels to watch are $3,200, $3,250, and $3,300, with a potential target of $3,350. A break above $3,420 could lead to further gains towards $3,500. On the downside, initial support is at $3,150, followed by $3,120 and $3,080. The key support lies at $3,000. The MACD indicator is showing bullish momentum, and the RSI is above 50.
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