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ETH near $3,070 after dip; on-chain shows long-term holder selling — faces resistance at $3.45K–$3.55K and $3.8K; liquidation clusters near $2,904–$2,916 remain downside risk

first published 2025-11-18T14:57:00Z
Ethereum Price Trading
ETH fell about 4% in 24 hours and is trading near $3,065. On the hourly chart ETH is approaching local resistance at $3,068 — a clean break could push price toward $3,100–$3,150 by tomorrow. A recent false breakout below yesterday’s low at $2,959 was observed; if support breaks on higher timeframes, ETH could drop deeper into the $2,800–$2,900 range. All top-10 coins are in the red.
AI Analysis
Price fell ~4% to ~$3,065; hourly resistance at $3,068 with a projected near-term upside target of $3,100–$3,150; a recent false breakout of the $2,959 low was noted and a higher-timeframe support break could send ETH to $2,800–$2,900; top-10 coins are in the red.
Impact: Significant
Sentiment: Neutral
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