NewsBTC •
January 7, 2026 at 03:20 •
Analysis
Ethereum price started a steady upward move above $3,200. ETH is now consolidating gains and might aim for more gains above $3,300. Ethereum started a fresh increase above $3,150 and $3,200. The price is trading above $3,220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,265 zone. Ethereum Price Holds Gains Ethereum price started a fresh increase after it settled above the $3,120 zone, like Bitcoin. ETH price gained pace for a move above the $3,200 and $3,220 resistance levels. The bulls even pumped the price toward $3,300. A high was formed at $3,299, and the price is now consolidating gains. It dec...
