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Ethereum Holds Above $3,200 as Rally Stalls Below $3,400

Momentum hinges on whether buyers reclaim the $3,400 area that has repeatedly capped gains.

Overview

  • Ether is consolidating in a tight band above $3,000, recently hovering around $3,200–$3,322 across major price feeds.
  • A push to $3,448 faded at the $3,400–$3,450 zone, triggering a pullback and an hourly break below a bullish trend line near $3,240.
  • ETH is trading near the 100-hour simple moving average with mixed signals, including a bearish hourly MACD and an RSI below 50.
  • Key supports are identified near $3,200 and $3,180, with further downside markers at $3,150, $3,050 and $3,000 if pressure builds.
  • Analysts note that a decisive move above $3,320–$3,400 and the 50-day average could reopen upside toward $3,450–$3,500 and beyond.