🚀 Ethereum Bulls Roar Loudly — $3K Breakout Looms After Imp
Monnie Brunt OkvK
Updated at: 10 hours ago
{"content":"🚀 Ethereum Bulls Roar Loudly — $3K Breakout Looms After Impressive 7% Surge!
Above $2,720, Ethereum price rose again. ETH may consolidate gains and reach over $2,800.
Ethereum rose again over $2,650.
The price is over $2,720 and the 100-hour SMA.
The hourly ETH/USD chart shows a major parabolic curve with support around $2,750.
If supported over $2,720, the pair may rise again.
Ethereum Price Rises Above $2,700
Ethereum rose beyond $2,650, beating Bitcoin. ETH price moved over $2,720 barrier and entered a bullish zone.
Price tested $2,800 resistance. Price is holding gains after hitting $2,795 high. It remains above the 23.6% Fib retracement line of the $2,516 swing low to $2,795 high upward rise.
Ethereum is over $2,720 and the 100-hour SMA. The hourly ETH/USD chart shows a major parabolic curve with support around $2,750.
Price may find resistance at $2,800 on the upside. Near $2,840 is the next major resistance. Near $2,880 is the first substantial resistance. A clean break over $2,880 might push the price above $2,910.
Above $2,910 barrier might lead to greater advances in the following sessions. Ether may soon reach $2,980 or $3,000 in the indicated situation.
Does ETH Support Downsides?
Ethereum may fall again if it fails to break $2,800. Initially, downside support is at $2,750. First main support is around $2,720.
A clean break below $2,720 might send the price near $2,650 or the 50% Fib retracement level of the upward run from $2,516 swing low to $2,795 high. More losses might push the price beyond $2,550. Next important help is $2,500.
Tech Indicators
Hourly ETH/USD MACD is rising in the positive zone.
Hourly ETH/USD RSI is over 50.
Major Support: $2,720
Major Resistance: $2,800
#ETH #BTCBreaksATH #TrumpTariffs #MuskAmericaParty $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/10/f168bf68c22b1a680f6fba7ca5954e0c.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}