{"content":"Ethereum Takes the Lead — Outpaces Bitcoin in Market Rally Ethereum price again rose beyond $3,020. ETH is consolidating gains and may fall below $3,040. Ethereum rose again over $3,040. The price is at $3,050 and the 100-hour SMA. ETH/USD has broken above a negative trend line with resistance at $2,990 on the hourly chart. If it stays over $3,000, the pair may rise again. Ethereum Price Rises Above $3,000 Ethereum price rose beyond $2,880, outperforming Bitcoin. ETH price moved over $2,950 barrier and entered a bullish zone. Bulls drove prices over $3,050. ETH/USD price broke above a negative trend line with resistance at $2,990 on the hourly chart. The $3,150 zone was examined last. After reaching $3,152, the price is consolidating gains above the 23.6% Fib retracement line of the upward run from $2,935 swing low to $3,152 high. Ethereum is over $3,000 and the 100-hour SMA. Price may find resistance at $3,120 on the upside. Around $3,150 is the next major resistance. Around $3,220 is the first substantial resistance. A clean break over $3,220 might push the price above $3,300. Above $3,300 barrier might lead to greater advances in the following sessions. Ether might soar to $3,420 or $3,450 in the short future. Are ETH downsides limited? Ethereum may fall if it fails to break $3,150. The downside has first support at $3,100. Near $3,040 is the first big support. A decisive break below $3,040 might bring the market near $3,000. More losses might push the price beyond $2,950. Next important support is $2,880. Tech Indicators Hourly ETH/USD MACD is rising in the positive zone. Hourly ETH/USD RSI is over 50. Major Support: $3,000. Major Resistance: $3,150 #ETH #CPIWatch #AltcoinSeasonLoading #ETHBreaks3k #USCryptoWeek $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/16/f19b66accf7c49379ae16832327fe9fe.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}