Ethereum has been trading stably above $3,500, showing resilience and market strength. The cryptocurrency reached a high of $3,688 before undergoing a minor correction. A bearish trend line indicates resistance at the $3,600 level.
Technical indicators point to a potential upward movement in Ethereum's price. Support is firmly positioned at $3,540, while resistance is noted at $3,650, highlighting key levels for investors to watch.
Overall, Ethereum continues to demonstrate its market strength this week, adhering to its support levels and showing signs of potential upward momentum amid slight corrections.
