NewsBTC
Dec 11, 2025
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Ethereum Price Faces Resistance at $3,450 Amid Downward Correction

The Ethereum price recently increased above $3,350 but is now correcting gains from $3,450 and might decline further below $3,200.

  • Ethereum began a downside correction from the $3,450 zone.
  • The price is around $3,200, near the 100-hourly Simple Moving Average.
  • A break below a bullish trend line with support at $3,240 was observed on the hourly ETH/USD chart.
  • The pair could continue to decline if it settles below the $3,200 zone.

Price Movements

ETH managed to stay above $3,200 and experienced an increase, surpassing some resistance levels.

  • The price topped at $3,448 before starting a correction.
  • It declined below the 23.6% Fib retracement level of the recent upward wave.
  • Currently trading near $3,200 and the 100-hourly SMA.

Ethereum Price

On another upward move, resistance could occur near $3,250, $3,300, and potentially lead toward $3,400-$3,450 zones.

Potential Downside

If Ethereum fails to clear the $3,250 resistance:

  • Initial support is near $3,200.
  • First major support at $3,180 and the 50% Fib retracement level.
  • A drop below $3,180 could push the price to $3,150 or even $3,050.
  • Next key support is at $3,000.

Technical Indicators

  • Hourly MACD: Gaining momentum in the bearish zone.
  • Hourly RSI: Below the 50 zone.
  • Major Support Level: $3,180
  • Major Resistance Level: $3,300