Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Premium is discounted today! 👉 Get 60% OFF 👈

Ethereum Price Breaks $3,000 as Crypto Market Rallies with Bitcoin

bullish:

0

bearish:

0

Share
img

Ethereum Breaks Key $3,000 Level as Crypto Market Rides Bitcoin Wave

Ethereum ($ETH) has officially crossed the $3,000 mark, following Bitcoin's explosive breakout to a new all-time high. Although ETH hasn’t yet reached a new ATH itself, this milestone is significant—it marks Ethereum’s strongest move in months, driven by the same institutional fuel that sent Bitcoin flying past $118,000.

ETHUSD_2025-07-11_11-07-37.png

ETH/USD 1-hour chart - TradingView

Much like $BTC, Ethereum has seen major buying pressure from institutional players and corporate treasuries. Several blockchain-focused funds and tech giants have been openly accumulating ETH, betting on the future of decentralised infrastructure, smart contracts, and Ethereum’s growing role in tokenization, AI integrations, and L2 adoption.

ETH/USD Chart Analysis – Riding the Momentum

Ethereum's chart on the 1-hour timeframe mirrors Bitcoin’s surge nearly step for step:

Smooth MA Cross & Trend Acceleration
The crossover of the 9 EMA above the 21 EMA on July 8 set the tone for a strong uptrend. The orange arrows highlight points where ETH tested support and bounced cleanly, continuing the bullish momentum.

Key Resistance Break: $2,732
ETH pushed above $2,732 and turned it into support—this confirmed strength. Once this happened, ETH never looked back and powered its way up to $2,980.

Psychological Resistance: $3,000
Ethereum touched the $3,000 zone and is currently stabilizing just under it. Traders are now watching for either consolidation or a clean breakout that could send ETH toward $3,200 and beyond.

RSI at 74.59 – Strong but Cautious
The RSI remains elevated, showing strong momentum, but traders should watch for any bearish divergence or overbought corrections in the short term.

Overall, the Ethereum chart structure is nearly identical to Bitcoin’s, reinforcing the idea that the entire crypto market is currently moving in sync—led by Bitcoin, but confirmed by altcoin strength.

Buy Ethereum Now & Join OKX’s Exclusive McLaren Giveaway

Want to buy $Ethereum while the market’s hot? Use OKX, a leading crypto exchange, to start today—securely and efficiently. And as a bonus, you can join their McLaren F1 giveaway!

🏎️ Grab your McLaren F1 Team Cap
🎉 Stand a chance to win a VIP Grand Prix experience in Zandvoort

👉 Buy ETH and enter the McLaren promo on OKX

bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.