{"id":8133,"date":"2025-11-10T06:00:20","date_gmt":"2025-11-10T06:00:20","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-recovers-steadily-after-selloff-traders-watch-resistance-near-3720\/"},"modified":"2025-11-10T06:00:20","modified_gmt":"2025-11-10T06:00:20","slug":"ethereum-recovers-steadily-after-selloff-traders-watch-resistance-near-3720","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-recovers-steadily-after-selloff-traders-watch-resistance-near-3720\/","title":{"rendered":"Ethereum Recovers Steadily After Selloff, Traders Watch Resistance Near $3,720"},"content":{"rendered":"<p><em>Ethereum price started a recovery wave above $3,350. ETH is showing positive signs but faces hurdles near the $3,720 resistance.<\/em><\/p>\n<ul>\n<li>Ethereum started a decent upward move above $3,350 and $3,400.<\/li>\n<li>The price is trading above $3,500 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a bearish trend line with resistance at $3,350 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move up if it clears the $3,720 zone.<\/li>\n<\/ul>\n<h2>Ethereum Price Attempts Recovery<\/h2>\n<p>Ethereum price managed to stay above $3,200 and started a recovery wave, like Bitcoin. ETH price was able to climb above the $3,350 and $3,400 resistance levels.<\/p>\n<p>There was a break above a bearish trend line with resistance at $3,350 on the hourly chart of ETH\/USD. The pair surpassed the 50% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low. The upward move was such that the price spiked above $3,620.<\/p>\n<p>Ethereum price is now trading above $3,550 and the 100-hourly Simple Moving Average. If there is another recovery wave, the price could face resistance near the $3,650 level. The next key resistance is near the $3,720 level and the 76.4% Fib retracement level of the downward move from the $3,920 swing high to the $3,058 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-851310\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Ethereum_5f35a7.png?resize=1024%2C493\" alt=\"Ethereum Price \" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>The first major resistance is near the $3,750 level. A clear move above the $3,750 resistance might send the price toward the $3,820 resistance. An upside break above the $3,820 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,880 resistance zone or even $3,925 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $3,650 resistance, it could start a fresh decline. Initial support on the downside is near the $3,580 level. The first major support sits near the $3,500 zone.<\/p>\n<p>A clear move below the $3,500 support might push the price toward the $3,450 support. Any more losses might send the price toward the $3,350 region in the near term. The next key support sits at $3,250 and $3,220.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,500<\/p>\n<p>Major Resistance Level \u2013 $3,650<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a recovery wave above $3,350. ETH is showing positive signs but faces hurdles near the $3,720 resistance. Ethereum started a decent upward move above $3,350 and $3,400. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,350&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8134,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-8133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=8133"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8134"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}