However, the price is facing hurdles near the $3,200 level, with the first major resistance near the $3,250 level. If Ethereum fails to clear the $3,250 resistance, it could start a downside correction, with initial support near the $3,150 level. Technical indicators include the MACD for ETH/USD gaining momentum in the bullish zone and the RSI for ETH/USD above the 50 zone.