Ethereum Eyes $3,200 Breakout – Bullish Momentum Builds Amid Market Headwinds

May 22, 2025 | By CryptoKingTrading .

$ETH

Ethereum is showing serious strength. After breaking through the $3,120 barrier, ETH is pushing higher, eyeing a decisive move above the critical $3,200 resistance. If this momentum holds, a major breakout could be imminent.

Ethereum Is Outshining Bitcoin – Again

ETH is outperforming BTC and proving its resilience. After surging past $3,050 and even momentarily piercing $3,200, Ethereum tapped $3,213 before facing mild resistance. A pullback followed—but not enough to derail the bulls.

Currently, ETH is trading solidly above $3,080 and is supported by a bullish trend line at $3,070 on the hourly chart. Importantly, it’s holding above the 100-hour Simple Moving Average—another strong technical signal.

What’s Next for ETH?

Resistance to Watch: $3,140 → $3,200 → $3,220

Potential Upside Targets: $3,320, followed by $3,440 and even $3,550 if momentum intensifies

A confirmed close above $3,220 could open the floodgates. ETH might be gearing up for its next leg up—especially if buyer volume increases.

Downside Risk – But Support Remains Strong

If Ethereum stumbles at $3,140, a short-term pullback is likely. However, solid support exists at $3,070 and then again at $3,000. A deeper retracement could target $2,970, with a worst-case scenario eyeing $2,820—though bulls are expected to defend key zones fiercely.

Technical Snapshot

MACD: Bullish momentum is slowing, but not reversing yet

RSI: Slightly below 50—watch for a bounce

Support Levels: $3,070, $3,000

Resistance Levels: $3,200, $3,220, $3,440

Bottom Line: Ethereum is holding its ground and showing signs of strength in a choppy market. If ETH breaks and holds above $3,200, the next phase of the rally could begin. Keep your eyes on volume, resistance levels, and Bitcoin’s next move—it’s all interconnected.

Will Ethereum break through or pull back? Either way, the next 24 hours will be pivotal.

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