The Ethereum price has remained supported above the $3,220 zone and is currently consolidating. There has been a move above resistance levels at $3,300 and $3,350, with the price surpassing the 23.6% Fib retracement level. Additionally, a bearish trend line has been broken. ETH is now trading above $3,350 and the 100-hourly Simple Moving Average. The main resistance levels to watch are $3,400, $3,450, and $3,500. If these levels are cleared, the price could rise towards $3,550 and even $3,680 or $3,750. On the downside, initial support is at $3,300, followed by major support at $3,250. Failure to clear the $3,400 resistance could lead to another decline, potentially pushing the price towards $3,150 or $3,000. The technical indicators, including the MACD and RSI, suggest bullish momentum for ETH.



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