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Ethereum Price Nears Critical 100-Day SMA – Will It Break Through?

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Ethereum Price Nears Critical 100-Day SMA – Will It Break Through? - NewsBTC

Quick Summary:

A successful push above this level may increase the likelihood of more price appreciation toward other resistance levels, such as $2,858 and $3,360.  However, if Ethereum fails to achieve a breakout above the key resistance level, it could face renewed selling pressure, leading to a fresh decline toward the $1,523 support zone.

What A Successful Breakout Means A breakout above the 100-day SMA would serve as a strong bullish confirmation for Ethereum, signaling renewed upward momentum and shifting market sentiment in favor of buyers.

Related Reading: Ethereum Price Recovery Capped—Bulls Struggle Near Resistance The MACD indicator hints at a potential momentum shift in Ethereum’s price action.


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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-16 @ 01:00:22 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 76 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27035606

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 10 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://beamstart.com/news/ethereum-price-nears-critical-100-17420873597315

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