17-07-2024 05:28 via newsbtc.com

Ethereum Faces $3,500 Hurdle: What’s Next for the Altcoin Giant?

Ethereum price remained stable above the $3,400 resistance zone. ETH again tested $3,500 and seems to be struggling to continue higher.Ethereum is holding gains and struggling near the $3,500 zone.
The price is trading above $3,400 and the 100-hourly Simple Moving Average.
There is a key bullish trend line forming with support at $3,350 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to rise if it clears the $3,500 and $3,550 resistance levels.Ethereum Price Faces
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