Ethereum Price Stops At $3,000 As Buyers Jump Back In
The post Ethereum Price Stops At $3,000 As Buyers Jump Back In appeared on BitcoinEthereumNews.com.
Jul 13, 2025 at 15:22 // News Ethereum price has resumed its positive trend after breaking above the $2,600 and $2,800 barriers.
Ethereum price long-term analysis: bullish
ETH rose to the psychological price level of $3,000 before falling back. The altcoin fell back above the $2,900 support and started to fluctuate below its recent high. In the past 48 hours, the uptrend has paused at $3,000. If the current resistance level is broken, Ether will rise to a high of $3,400.
The retracement has now stopped above the $2,900 support level. Ether is trading in a narrow range below the high of $3,000. Ether is likely to resume the trend once it breaks above the previous high or falls below the current support.
Analysing the Ethereum indicators
Ether’s price has risen well above the horizontal moving average lines. The 21-day SMA is crossing above the 50-day SMA, which is a bullish signal.
On the 4-hour chart, the moving average lines are sloping upwards, indicating an uptrend. The candlestick wick has broken through the $3,000 level, indicating strong selling pressure at the $3,000 ceiling.
Technical Indicators:
Key Resistance Levels – $4,000 and $4,500
Key Support Levels – $2.000 and $1,500
What is the next direction for Ethereum?
Ether’s uptrend has stalled at its high of $3,000. On the 4-hour chart, the cryptocurrency price is fluctuating above the 21-day SMA support but below the $3,000 level. If the 21-day SMA support holds, the largest cryptocurrency will continue its uptrend. The current uptrend will end when the 21-day simple moving average is broken.
Last week the Ethereum price remained in a horizontal trend, trading between the $2,400 support and the $2,600 mark, as Coinidol.com reported.
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Filed under: News - @ July 13, 2025 4:23 pm