Ethereum's price has resumed its upward trend after moving back above the moving average lines. This is the third attempt by buyers to break through the $3,400 resistance.
ETH price long-term analysis: bullish Technical indicators:Resistance Levels: $4,500 and $5,000
Support levels: $3,000 and $2,500
Ethereum price indicators analysisThe price has risen after finding support above the moving average lines. The moving average lines are horizontal, indicating a sideways trend. The formation of Doji candlesticks has kept the price stable above the $3,000 support. The largest altcoin is likely to remain range-bound, as it is trapped between the moving average lines.
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