Ethereum Breaks Long-Term Resistance: $3,500 Zone in Focus

ETH-2.89%
BTC-2.07%
Key Takeaways
  • Ethereum broke above a descending resistance line that controlled its daily trend for nearly a year.
  • The breakout area around $1,850–$1,900 must act as support to maintain bullish structure intact.
  • Ethereum broke an 11-month descending trendline against Bitcoin and needs to hold above the trendline.

Ethereum broke above a descending resistance line that controlled its daily trend for nearly a year against both the U.S. dollar and Bitcoin. Analyst Crypto Patel said the breakout shifts momentum toward buyers, provided ETH continues holding above the former trendline. The move suggests Ethereum may be entering a period of stronger relative performance after months of weakness against Bitcoin, according to analyst Ted. The breakout area around $1,850–$1,900 now needs to act as support for the bullish structure to remain intact.

Ethereum Breaks USD Resistance With $3,500 Zone in Focus

Ethereum moved above a descending resistance line that controlled its daily trend for nearly a year. Analyst Crypto Patel said the breakout shifts momentum toward buyers, provided ETH continues holding above the former trendline.

The breakout area around $1,850–$1,900 now needs to act as support. Holding it could open a recovery toward $2,350 and $2,950 before Ethereum challenges the larger $3,350–$3,500 resistance zone.

However, $3,500 remains a distant and conditional target. A daily close back below the broken trendline would weaken the breakout and increase the risk of another decline toward $1,700–$1,550.

ETH/BTC Breaks 11-Month Descending Trendline

Ethereum broke above an 11-month descending trendline against Bitcoin, according to analyst Ted. The move suggests ETH may be entering a period of stronger relative performance after months of weakness.

The pair now needs to hold above the broken trendline and reclaim 0.03 BTC to confirm the breakout. Continued strength could bring the 0.032 BTC and 0.034 BTC resistance levels into focus.

However, a weekly close back below 0.028 BTC would weaken the setup. A deeper decline toward 0.026 BTC would suggest the broader ETH/BTC downtrend remains active.

FAQ

What resistance level did Ethereum break? Ethereum broke above a descending resistance line that controlled its daily trend for nearly a year. The breakout area is around $1,850–$1,900.

What are the key price targets for Ethereum after the breakout? Holding above $1,850–$1,900 could open a recovery toward $2,350 and $2,950, with the larger $3,350–$3,500 resistance zone as a more distant target.

What does the ETH/BTC breakout indicate? Ethereum broke above an 11-month descending trendline against Bitcoin. The pair now needs to hold above the broken trendline and reclaim 0.03 BTC to confirm the breakout, with resistance levels at 0.032 BTC and 0.034 BTC.

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