Ethereum's price has started climbing, moving past critical levels like $3,650 and $3,720. It's currently trading below $3,750, with important resistances at $3,850 and $3,900. A successful break above these could push the price beyond $4,000 and towards $4,150 or even $4,220.
If Ethereum fails to overcome the $3,890 resistance, it may decline. Initial support lies around $3,800, with more substantial support at $3,750, $3,650, and potentially $3,550. Key technical indicators, the MACD and RSI, are in bullish zones.