{"content":"Ethereum Breaks $3,400 — Bulls Take Control in Major Breakout Ethereum price again rose beyond $3,220. ETH is consolidating gains and may fall below $3,220. Ethereum rose again over $3,150. The 100-hourly Simple Moving Average and $3,250 are nearby. On the hourly ETH/USD chart, a positive trend line with support at $3,300 is formed. If it stays over $3,220, the pair may rise again. Ethereum Price Rises Above $3,300 Ethereum price rose beyond $3,000, outperforming Bitcoin. ETH price moved over $3,050 barrier and entered a bullish zone. Bulls drove prices over $3,250. The $3,420 zone was examined last. The price set a high at $3,423 and is consolidating gains above the 23.6% Fib retracement line of the upward run from the $2,935 swing low. Ethereum is over $3,300 and the 100-hour SMA. On the hourly ETH/USD chart, a positive trend line with support at $3,300 is formed. Price may find resistance at $3,350 on the upside. Around $3,400 is the next major resistance. Near $3,420 is the first substantial resistance. A clean break over $3,420 might push the price above $3,500. Above $3,500 barrier might lead to additional advances in the following sessions. In this situation, Ether may soar to $3,550 or $3,650 soon. Does ETH Support Downsides? Ethereum may correct below $3,420 if it fails to break. The downside has initial support at $3,300. Near $3,220 is the first big support. A decisive break below $3,220 might bring the price below $3,180. If losses continue, the price may reach $3,050 support. Next important support is $3,020. Tech Indicators Hourly ETH/USD MACD is rising in the positive zone. Hourly ETH/USD RSI is over 50. Major Support: $3,300 Major Resistance: $3,420 #ETHBreaks3k #AltcoinSeasonLoading #BTCWhaleTracker #USCryptoWeek #ETH $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/17/302f5e487ce946a88401a18457ceb25e.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}