REDATOR Ben Graham Posted December 11, 2025 REDATOR Report Share Posted December 11, 2025 ETH/USD (Ethereum) is trading around $3,194 below the 21 SMA and around the 200 EMA, showing overbought levels and undergoing a strong technical correction after reaching the 3/8 Murray.After reaching the top of the uptrend channel and the 3/8 Murray zone, both levels acted as strong resistance. Unable to find more demand above $3,437, Ether made a sharp technical correction and is now likely to continue falling in the coming days until it reaches the psychological level of $3,000.If ETH/USD consolidates above the 200 EMA and above the 21 SMA in the coming hours, we can expect a recovery, and it could return to the 3/8 Murray resistance zone and even reach its weekly high around $3,450.A sharp break of the uptrend channel formed since November 21 and a consolidation below $3,000 could signal a change in the trend for Ether, which could reach the 0/8 Murray $2,500 at around $2,500.The outlook remains bullish for ETH/USD, provided that it reaches the 2/8 Murray support located at $3,125 in the coming hours or the bottom of the uptrend channel around $3,050, which will be seen as an opportunity to take long positions.The material has been provided by InstaForex Company - www.instaforex.com Visitante_87105a1f 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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