Ethereum trades near $3,250 after rejecting key resistance. Trendline support holds, while ETF inflows and taker activity show recovery signs.Ethereum trades near $3,250 after rejecting key resistance. Trendline support holds, while ETF inflows and taker activity show recovery signs.

Ethereum Slams Into Major Resistance: Breakout or Breakdown Ahead?

2025/12/13 04:03

Ethereum (ETH) continues to trade near the $3,250 mark after facing pressure at key resistance levels. The asset remains above key support levels despite recent price rejection.

Resistance Blocks Further Upside

Ethereum attempted to push through the $3,350 zone but failed. This area includes the 200-day moving average and a key horizontal resistance level. Since that rejection, the price action has cooled, but ETH has not broken below the recent higher lows formed in November. Daan Crypto Trades noted,

He also pointed out that ETH is still outperforming much of the broader market. While momentum has slowed, the trend since November remains upward. Moreover, after breaking a descending trendline, ETH pulled back to retest it. The price action is holding just above that line, which has served as resistance since October. If it continues to hold, it could support a move higher.

DonnieBTC commented that ETH is “retesting the trend line” and appears “ready for a new bounce.” The next resistance sits in the $3,600 to $3,800 range, while immediate support is at $3,000. A higher low near this level would likely confirm that the uptrend is still valid.

Ethereum (ETH) price chartEthereum (ETH) Price Chart 12.12. Source: DonnieBTC/X

Past Pattern Repeats?

ETH’s recent 47% pullback matches a similar decline from mid-2024. That correction was followed by a strong move upward. A new weekly chart comparison from CryptoWZRD suggests the two structures are nearly identical in both size and timing. A similar recovery now would echo the late 2024 rally.

In addition, CryptoWZRD stated that ETH closed indecisively in the daily candle, and ETHBTC was weak. Resistance and support levels are identified at 3,700 and 2,800, respectively.

Meanwhile, Ethereum’s social sentiment shifted after the recent Fed rate decision. Initial excitement around a rate cut faded quickly as ETH pulled back. However, data from CryptoQuant shows early signs of buyer activity returning. Analyst Maartunn noted, “Net Taker Volume is still negative at –$138M,” though it has improved from October, when it reached –$500M.

Exchange data also shows modest inflows into ETH spot ETFs after weeks of outflows. Glassnode reported early signs of recovery, with demand appearing to stabilize. These inflows suggest that some investors are positioning for strength as the year ends.

The post Ethereum Slams Into Major Resistance: Breakout or Breakdown Ahead? appeared first on CryptoPotato.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

5 key takeaways from CNBC investigation

5 key takeaways from CNBC investigation

The post 5 key takeaways from CNBC investigation appeared on BitcoinEthereumNews.com. Walmart‘s online marketplace has become a key part of its strategy to grow profit faster than sales and better compete against its longtime rival, Amazon. As the largest U.S. retailer with more than 4,600 locations nationwide, growing sales online is also critical for its future. But a CNBC investigation found Walmart’s digital boom came as it made it easier for third-party sellers to join and sell on its marketplace, a strategy that has come with a cost. Some consumers have received counterfeit, potentially dangerous products after shopping on the marketplace, CNBC found. The investigation also uncovered dozens of third-party sellers who had stolen the credentials of another business to set up an account, including some who were offering fake health and beauty items. In the early days of Walmart’s online marketplace, former employees and sellers said it had strict policies for vetting third-party sellers and the products they offer. But over time, Walmart loosened those controls in a bid to woo sellers away from Amazon and appear more friendly than its rival, according to sellers, e-commerce consultants, and current and former employees.  When asked for comment on CNBC’s reporting, Walmart said “trust and safety are non-negotiable for us.”  “Counterfeiters are bad actors who target retail marketplaces across the world, and we are aggressive in our efforts to prevent and combat their deceptive behavior,” Walmart said. “We enforce a zero-tolerance policy for prohibited or noncompliant products and continue to invest in new tools and technologies to help ensure only trusted, legitimate items reach our customers.”  CNBC’s investigation uncovered new details about Walmart’s strategy to grow its online marketplace and the risks it took to take market share from Amazon.  Here are five takeaways from the investigation. Stolen identities and product tests  During CNBC’s investigation into Walmart’s marketplace, it found at least 43…
Share
BitcoinEthereumNews2025/09/19 22:10