Ethereum Price Analysis: ETH Surges Past $3K But Worrying Signs Appear – CryptoPotato

Key Support levels: $3,000, $2,805 

Key Resistance levels: $3,400, $3,750

ETH’s price action has been somewhat reserved once it reached $3,000 without a strong conviction to move higher. However, despite the hesitation from buyers, the cryptocurrency continued to go higher reaching $3,235 today on Bitstamp. The $3,000 level turned into support, and the next key resistance is found at $3,400.

ETHUSD_2022-02-08_09-36-41
Chart by TradingView

Technical Indicators

Trading Volume: While the price went up,…


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