Ethereum Retreats From $3,450 Resistance, Tests Support Near $3,200

Ethereum climbed above $3,320 and $3,350 before reversing from the $3,448–$3,450 resistance area and sliding back toward $3,200. The price is now fluctuating around $3,200 and the 100-hourly Simple Moving Average, with nearby resistance at $3,250, $3,300 and $3,320. A sustained move below $3,200–$3,180 could open the way toward $3,150 and potentially the $3,050–$3,000 support region.