In the hourly chart of the ETH / USD pair, a price break was seen above a significant downtrend line with resistance near $ 3360
The first resistance on the Ether ascent is near the $ 3420 level
A sharp break above $ 3450 could cause the price to continue to rise
In this case, the next resistance will be close to $ 3,500
Any further increase could pave the way for a move to the $ 3650 level
If Atrium does not move above the $ 3420 and $ 3450 resistance levels, it could start a new bearish correction. The first support in this downtrend will be close to the level of $ 3380
The next major support is expected to be close to the $ 3350 level
The next hurdle for bears may be near the $ 3240 level
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The first resistance on the Ether ascent is near the $ 3420 level
A sharp break above $ 3450 could cause the price to continue to rise
In this case, the next resistance will be close to $ 3,500
Any further increase could pave the way for a move to the $ 3650 level
If Atrium does not move above the $ 3420 and $ 3450 resistance levels, it could start a new bearish correction. The first support in this downtrend will be close to the level of $ 3380
The next major support is expected to be close to the $ 3350 level
The next hurdle for bears may be near the $ 3240 level
have a nice day
Please comment