- Ethereum’s price has surged above $3,000 after consolidating for months between $2,500 and $2,800, supported by growing market volume.
- A rare 100-day EMA crossing over the 200-day EMA is forming, indicating a potential long-term trend reversal for Ethereum.
- RSI levels show strong momentum, with ETH trading above all major EMAs, suggesting sustained buying pressure in the current market phase.
Ethereum’s price has advanced beyond the $3,000 mark for the first time in months, gaining support from increased volume and consistent upward momentum. The move follows a lengthy consolidation period between $2,500 and $2,800, which persisted throughout early 2025.
The current rally aligns with a significant technical pattern forming on the ETH/USDT chart. Ethereum’s 100-day Exponential Moving Average (EMA) is approaching a crossover above the 200-day EMA, a rare and important development that could indicate a long-term shift in trend. This crossover, less common than the widely known 50/200 golden cross, has previously occurred during pivotal market turning points.
Long-term investment behavior comes out more clearly
In comparison to shorter ones, the 100-day EMA is not responsive to minor variations in the price, and it represents a longer-lasting price trend. The fact that it’s a gradual upward turn implies that the confidence level of additional capital is helping the market become desirable after a long time. At the moment, Ethereum is above its 50-day, 100-day, and 200-day EMA, which demonstrates that the asset has gained strength on all major levels of trends.
Among the technical signs, we can point to the bullish story. The Relative Strength Index (RSI) is above the 74 value, which is normally linked to robust momentum at the beginning of an upsurge. Although the zone of overbuying may tend to indicate that the market is about to make a pullback, this amount of RSI is coincident with the past profitable turnarounds in trends, rather than temporary ramp-ups.
Confirm levels are observed to viewers around the realm of $3,200
The second resistance is around the $3,200 mark, and Ethereum can retake that price level as it remains above $3,000. This resistance can be important and can serve traders as an inflection point in terms of monitoring the advance to turn into a longer-term bull market. In case the crossover between the 100/200 EMA is accomplished within a few weeks, Ethereum might aim at loftier levels between the prices of 3500 and 4000.