Ethereum continues its growth trend, recently moving above the $3,650 zone and aiming for resistance at $3,750. ETH's recovery wave shows strength, trading steadily above the 100-hourly Simple Moving Average. A bullish trend line supports this movement.
Current resistance is near $3,750, with potential growth if surpassed, leading ETH toward $3,850 or even $4,000. However, failure to clear $3,750 could see ETH falling back to major supports like $3,550.
Ethereum's technical indicators suggest a bullish momentum, with the MACD gaining in the bullish zone and RSI holding above 50. Major support is identified at $3,660.
