Ether Holds Ground as Bulls Eye Break Above $3,880 Resistance

Ethereum’s ether (ETH) traded with elevated volume on Tuesday, climbing early before sellers re-emerged near $3,880, keeping price action confined within a narrowing range.

According to CoinDesk Research, ETH closed up 1.5% at $3,822.60, while trading volume increased 19% over the seven-day average. The token reached a high of $3,887.35 before giving back part of its gains late in the session.

Crypto analyst Michaël van de Poppe said Ethereum remains the most attractive ecosystem for investors, adding that strong fundamentals could soon drive ether past its previous record highs near $5,000.

Technical models highlight firm support between $3,680 and $3,720, and resistance at $3,860–$3,880. A decisive close above $3,880 could unlock another leg higher, while a drop below $3,720 may expose $3,680.

The CoinDesk 5 Index (CD5) echoed this consolidation theme, rising to $1,924.98 before retreating to $1,901.52, suggesting broader market hesitation at resistance.