The Price of Ethereum has Returned to Over $3000: ETH has broken beyond $3,000 and looks to be on the verge of breaking through $4,000, putting an end to the short-term slump. According to Bitstamp, this is less than two weeks after the market bottomed at $2160.

$2,500, $2,805, – The Key Support Levels

$3,400, $3,750 are key resistance levels.

ETH broke over the critical resistance of $3,000 today, following a strong two-day rise. This remarkable rally might go much farther if ETH can turn this level into support (retest and confirm).

Should ETH face a deeper decline, there is also major support at $2,800.

Looking at the larger picture, ETH has to break over the key $3,400 mark in order to reach a higher daily high. That would be the first sign of a definitive bullish turnaround.

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