The price of Ethereum (ETH) is rebounding from the $3,500 zone and showing signs of a bullish trend. It has cleared the $3,600 and $3,620 levels, as well as a bearish trend line, and is now trading above the 100-hourly Simple Moving Average. However, it is facing resistance at the $3,680 and $3,700 levels. If it manages to surpass these levels, it could aim for higher resistance levels at $3,750, $3,880, and potentially even $4,000 or $4,120. On the other hand, if it fails to overcome the $3,700 resistance, it could experience another decline and find support at the $3,600 and $3,550 levels.



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