Ethereum price failed to clear the $2,680 zone and declined. ETH is now consolidating losses and remains at risk of more losses below $2,500. Ethereum started a fresh decline below the $2,620 level. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,500 zone in the near term. Ethereum Price Dips Again Ethereum price failed to gain pace for a move above $2,680 and started a fresh decline, like Bitcoin. ETH price declined below the $2,620 and $2,600 levels. The bears even pushed the price below the $2,600 level. Besides, there was a break below a bullish trend line with support at $2,540 on the hourly chart of ETH/USD. The pair tested the $2,450 zone and started a consolidation phase. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $2,679 swing high to the $2,455 low. Ethereum price is now trading below $2,550 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,540 level. The next key resistance is near the $2,565 level. It is close to the 50% Fib retracement level of the downward move from the $2,679 swing high to the $2,455 low. The first major resistance is near the $2,620 level. A clear move above the $2,620 resistance might send the price toward the $2,680 resistance. An upside break above the $2,680 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,800 resistance zone or even $2,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,540 resistance, it could start a fresh decline. Initial support on the downside is near the $2,500 level. The first major support sits near the $2,450 zone. A clear move below the $2,450 support might push the price toward the $2,320 support. Any more losses might send the price toward the $2,240 support level in the near term. The next key support sits at $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,450 Major Resistance Level – $2,540
Ethereum price attempted a fresh increase above $2,600. ETH is now trimming gains and might struggle to stay above the $2,500 support. Ethereum started a fresh decline below the $2,600 level. The price is trading below $2,575 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,525 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,500 zone in the near term. Ethereum Price Corrects Gains Ethereum price found support near $2,440 and started a recovery wave, like Bitcoin. ETH price recovered above the $2,500 and $2,550 resistance levels. The price even spiked above the $2,620 resistance. There was a move above the 23.6% Fib retracement level of the downward move from the $2,880 swing high to the $2,440 low. However, the bears remained active near the $2,660 resistance zone. The bears defended the 50% Fib retracement level of the downward move from the $2,880 swing high to the $2,440 low. The price is again moving lower below $2,600. Ethereum price is now trading below $2,575 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2,525 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,620 level. The next key resistance is near the $2,640 level. The first major resistance is near the $2,660 level. A clear move above the $2,660 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,800 resistance zone or even $2,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,660 resistance, it could start a fresh decline. Initial support on the downside is near the $2,540 level. The first major support sits near the $2,525 zone and the trend line. A clear move below the $2,525 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,440 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,500 Major Resistance Level – $2,660
Ethereum price started a fresh decline and tested the $2,450 zone. ETH is now correcting losses and might aim for a move above the $2,620 resistance. Ethereum started a fresh decline below the $2,750 level. The price is trading near $2,575 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance at $2,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,620 zone in the near term. Ethereum Price Corrects Losses Ethereum price started a fresh decline below the $2,750 and $2,620 levels, like Bitcoin. ETH price even traded below the $2,500 level and tested $2,440. A low was formed at $2,441 and the price recently started a recovery wave. There was a move above the $2,500 and $2,520 levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,880 swing high to the $2,441 low. Besides, there was a break above a contracting triangle with resistance at $2,550 on the hourly chart of ETH/USD. Ethereum price is now trading near $2,575 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,585 level. The next key resistance is near the $2,620 level. The first major resistance is near the $2,660 level. It is near the 50% Fib retracement level of the downward move from the $2,880 swing high to the $2,441 low. A clear move above the $2,660 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,800 resistance zone or even $2,880 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,540 level. The first major support sits near the $2,500 zone. A clear move below the $2,500 support might push the price toward the $2,440 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,500 Major Resistance Level – $2,620
Ethereum faced intense selling pressure earlier today as geopolitical tensions flared following Israel’s attack on Iran, shaking global markets and triggering risk-off behavior across crypto. The sudden spike in volatility pushed Ethereum away from its recent highs, as it retraced after failing to break above the critical $3,000 resistance level. This marks a pivotal moment for ETH, which had shown strong momentum in recent sessions before being hit by the broader market downturn. Related Reading: Ethereum Repeats History – Key Support Holds Again Ahead Of Potential Rally Despite the sharp correction, top analyst Quinten Francois remains optimistic. He pointed to the ETH/BTC pair, which continues to look strong relative to other assets. According to Francois, this pair is currently testing the support line of an ascending triangle—a pattern that often precedes a breakout to the upside if support holds. With Bitcoin holding near its range highs, Ethereum’s performance against BTC could serve as a leading indicator for the broader altcoin market. Now, Ethereum stands at a crossroads. A bounce from current levels could renew bullish momentum and re-establish the $2,800–$3,000 range as the launchpad for higher prices. But failure to hold support may trigger another wave of downside pressure. All eyes are on ETH/BTC as markets brace for what comes next. Ethereum Holds Key Level Against BTC Ethereum has been leading the crypto market with impressive strength since April, posting a remarkable surge of over 100% from its lows near $1,400. This steep recovery highlights Ethereum’s growing momentum, positioning it as a potential frontrunner in triggering the next altseason. The asset’s consistent performance above key support levels and its resilience during market dips have renewed bullish sentiment, with traders increasingly focusing on ETH as the key asset to watch. Many analysts believe Ethereum could be the spark that reignites capital rotation into altcoins. Its breakout from a month-long range, combined with increasing DeFi activity and improving on-chain metrics, has added to the bullish case. However, caution remains. Ongoing geopolitical tensions—particularly the recent escalation between Israel and Iran—are injecting volatility into global markets, including crypto. These developments have disrupted otherwise promising technical setups across the board, leading to uncertainty and risk-off sentiment. Quinten Francois commented on the current climate, noting that “some charts don’t look good, others are holding on by a thread.” However, he singled out the ETH/BTC pair as a relative strength signal, stating that it “still looks good.” This pair is currently testing the support line of an ascending triangle—a structure that, if defended, could pave the way for a continuation of ETH’s dominance over Bitcoin. In this environment, Ethereum’s performance—especially relative to BTC—could determine the broader market’s next phase. If ETH/BTC holds and breaks higher, the door opens for a full altseason run. But a failure to hold could reinforce caution and signal a pause across the crypto market. For now, Ethereum remains the most important chart to watch. Related Reading: Ethereum Tests Previous Resistance As Support – Can Bulls Defend This Level? ETH Faces Sharp Rejection After Tagging Range Highs Ethereum is facing a crucial technical test after a strong rejection near the $2,830 resistance level. The chart shows ETH failing to hold above the highlighted supply zone between $2,700 and $2,830, where sellers stepped in aggressively. This resulted in a sharp breakdown that sliced through the 50, 100, and 200 simple moving averages (SMAs) on the 4-hour timeframe, now positioning ETH around $2,512. What’s more concerning is the spike in volume during the breakdown. This confirms the strength behind the move, signaling panic among bulls and potential distribution by short-term holders. ETH is now holding just above a previous support zone from early June, but the current setup suggests uncertainty and risk of further downside. Related Reading: Ethereum Price Tests Ascending Channel Resistance – Breakout Or Breakdown? Unless Ethereum can reclaim the $2,600–$2,620 area soon, the next likely target could be the $2,400 level, where the next strong demand cluster sits. However, if bulls defend current prices and manage a quick recovery back above the SMAs, this recent move could be interpreted as a liquidity sweep before continuation. Featured image from Dall-E, chart from TradingView
Ethereum price started a fresh increase above the $2,750 zone. ETH is now correcting gains and might test the $2,680 support zone. Ethereum started a fresh increase above the $2,800 level. The price is trading above $2,750 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line forming with support at $2,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,680 support in the near term. Ethereum Price Corrects Gains Ethereum price started a fresh increase after it found support near the $2,550 level, beating Bitcoin. ETH price was able to clear the $2,650 and $2,720 resistance levels. The bulls pushed the price above $2,800. ETH even spiked above $2,850. A high was formed at $2,880 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $2,483 swing low to the $2,880 high. Besides, there was a break below a key bullish trend line forming with support at $2,800 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,750 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,800 level. The next key resistance is near the $2,840 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,920 resistance. An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,120 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,820 resistance, it could start a fresh decline. Initial support on the downside is near the $2,755 level. The first major support sits near the $2,680 zone and the 50% Fib retracement level of the upward move from the $2,483 swing low to the $2,880 high. A clear move below the $2,680 support might push the price toward the $2,620 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,680 Major Resistance Level – $2,880
Ethereum price started a fresh increase above the $2,650 zone. ETH is now consolidating and eyes more gains above the $2,850 resistance. Ethereum started a fresh increase above the $2,750 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if it clears the $2,850 zone in the near term. Ethereum Price Rises Further Ethereum price started a fresh increase after it found support near the $2,500 level, beating Bitcoin. ETH price was able to clear the $2,600 and $2,650 resistance levels. The bulls pushed the price above $2,750. ETH even spiked above $2,800. A high was formed at $2,832 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high. Ethereum price is now trading above $2,750 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,750 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,820 level. The next key resistance is near the $2,850 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,920 resistance. An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,120 in the near term. Are Dips Supported In ETH? If Ethereum fails to clear the $2,850 resistance, it could start a fresh decline. Initial support on the downside is near the $2,750 level. The first major support sits near the $2,650 zone and the 50% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high. A clear move below the $2,650 support might push the price toward the $2,600 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,750 Major Resistance Level – $2,850
Ethereum price started a fresh increase above the $2,550 zone. ETH is now consolidating and eyes more gains above the $2,740 resistance. Ethereum started a fresh increase above the $2,700 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if it clears the $2,740 zone in the near term. Ethereum Price Regains Pace Ethereum price started a fresh increase after it found support near the $2,400 level, like Bitcoin. ETH price was able to clear the $2,500 and $2,550 resistance levels. The bulls pushed the price above $2,650. ETH even spiked above $2,700. A high was formed at $2,731 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,482 swing low to the $2,731 high. Ethereum price is now trading above $2,600 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,540 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,720 level. The next key resistance is near the $2,740 level. The first major resistance is near the $2,750 level. A clear move above the $2,750 resistance might send the price toward the $2,840 resistance. An upside break above the $2,840 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Are Dips Supported In ETH? If Ethereum fails to clear the $2,740 resistance, it could start a fresh decline. Initial support on the downside is near the $2,640 level. The first major support sits near the $2,580 zone and the 61.8% Fib retracement level of the upward move from the $2,482 swing low to the $2,731 high. A clear move below the $2,580 support might push the price toward the $2,540 support. Any more losses might send the price toward the $2,450 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,640 Major Resistance Level – $2,740
Ethereum price started a fresh decline below the $2,550 zone. ETH is now showing a few bearish signs below the $2,500 pivot level. Ethereum started a fresh decline below the $2,550 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a key rising channel with support at $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,400 support zone in the near term. Ethereum Price Consolidates Losses Ethereum price started a fresh decline after it failed to surpass $2,650, like Bitcoin. ETH price declined below the $2,565 and $2,550 support levels. Besides, there was a break below a key rising channel with support at $2,610 on the hourly chart of ETH/USD. The pair even dipped below the $2,500 support level. A low was formed at $2,394 and the price is now consolidating losses. Ethereum price is now trading below $2,500 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,460 level. It is close to the 23.6% Fib retracement level of the downward move from the $2,680 swing high to the $2,394 low. The next key resistance is near the $2,500 level. The first major resistance is near the $2,540 level. It is close to the 50% Fib retracement level of the downward move from the $2,680 swing high to the $2,394 low. A clear move above the $2,540 resistance might send the price toward the $2,600 resistance. An upside break above the $2,600 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,650 resistance zone or even $2,720 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,380 zone. A clear move below the $2,380 support might push the price toward the $2,350 support. Any more losses might send the price toward the $2,320 support level in the near term. The next key support sits at $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,320 Major Resistance Level – $2,500
Ethereum price started a fresh increase above the $2,550 zone. ETH is now facing resistance near the $2,640 and $2,665 levels. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,600 support zone in the near term. Ethereum Price Consolidates Gains Ethereum price started a decent upward move above the $2,500 zone, beating Bitcoin. ETH price was able to climb above the $2,520 and $2,550 resistance levels. The price even cleared the $2,600 resistance zone and tested the $2,665 level. A high was formed at $2,677 and the price is now consolidating gains. There was a minor move below the $2,620 level. The price dipped below the $2,620 level and the 23.6% Fib retracement level of the upward move from the $2,476 swing low to the $2,677 high. Ethereum price is now trading above $2,550 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support at $2,600 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,640 level. The next key resistance is near the $2,665 level. The first major resistance is near the $2,720 level. A clear move above the $2,720 resistance might send the price toward the $2,780 resistance. An upside break above the $2,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Downside Break In ETH? If Ethereum fails to clear the $2,665 resistance, it could start a fresh decline. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,575 zone and the 50% Fib retracement level of the upward move from the $2,476 swing low to the $2,677 high. A clear move below the $2,575 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,575 Major Resistance Level – $2,665
Ethereum is showing impressive resilience as it continues to hold above critical levels despite ongoing market volatility. While Bitcoin struggles to break past its all-time highs, ETH remains stable, maintaining bullish structure and fueling hopes for a broader altcoin rally. Analysts across the market are eyeing a potential altseason, with Ethereum expected to lead the charge once it clears major supply zones. Related Reading: Ethereum Daily Chart Signals Strength Amid Market Uncertainty – Analyst However, the spotlight is shifting to a less discussed but highly significant chart—ETHBTC. According to top analyst Daan, the ETHBTC pair has been consolidating in a tight range between 0.022 and 0.026 since the last squeeze. This consolidation suggests a period of accumulation and reduced volatility, but it also acts as a crucial signal for altcoin momentum. If ETHBTC breaks above the 0.026 resistance level, Daan suggests it could trigger a temporary but powerful rally in ALT/BTC pairs. Sectors closely tied to Ethereum—such as DeFi protocols, ETH-based memecoins, and Layer 2 ecosystems—could benefit most from such a move. Until then, investors are closely monitoring ETH’s performance relative to BTC, as it remains one of the most reliable indicators of capital rotation within the crypto market. ETHBTC Chart Becomes Key to Altseason Outlook Ethereum is currently trading at a pivotal range, with investors closely watching for a breakout that could lead to new highs and potentially ignite the long-anticipated altseason. Despite global tensions and continued macroeconomic uncertainty—particularly surrounding the aggressive and unstable Bond market—ETH has remained relatively strong. Bulls are optimistic, viewing the current consolidation as a healthy pause before the next leg up. One of the most important signals for altcoin momentum is not found on the USD chart, but in the ETHBTC pair. Daan points out that Ethereum’s price relative to Bitcoin has been consolidating between the 0.022 and 0.026 BTC range since the recent squeeze. This range now acts as a pressure point for the market. A breakout above 0.026 would likely catalyze a surge in altcoin strength, especially among Ethereum-related assets like DeFi protocols, ETH-based memecoins, and Layer 2 solutions. However, Daan warns that if ETHBTC drops below 0.0224, it could signal weakness for alts relative to BTC. It’s important to remember that ALT/BTC pairs can fall even if altcoin USD prices rise, particularly during aggressive BTC rallies. The same applies in reverse. For now, ETH’s position in this range remains one of the most telling signs of where the broader crypto market might head next. Related Reading: Ethereum Reclaims Pivotal Level – Key Resistance Around $2,650 Ethereum Faces Resistance As Bulls Attempt Breakout Ethereum (ETH) is currently trading around $2,640, showing signs of strength after holding its ground above the $2,500 mark. On the daily chart, ETH is forming a clear consolidation pattern just below a key resistance zone defined by the 200-day moving average (currently at $2,676). This level has repeatedly capped price action over the past few weeks, signaling strong supply pressure in this area. Despite the lack of a decisive breakout, Ethereum is maintaining a bullish structure with higher lows and consistent volume support. The 34-day EMA has turned upward and currently sits at $2,418, providing dynamic support and reinforcing the short-term uptrend. If ETH can reclaim the 200-day SMA and push above $2,700, a broader rally could follow, potentially opening the path toward $3,000 and beyond. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? On the downside, if price fails to break this resistance and sellers take control, immediate support lies near $2,500, followed by stronger demand around $2,350–$2,400 where the 50- and 100-day SMAs converge. For now, Ethereum remains in a balanced state, showing resilience, but still needs a strong catalyst to overcome the technical ceiling that continues to stall upward momentum. Featured image from Dall-E, chart from TradingView
Ethereum price started a fresh increase from the $2,470 zone. ETH is now facing resistance near the $2,650 and $2,660 levels. Ethereum started a fresh increase above the $2,500 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel with support at $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,545 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a decent recovery wave from the $2,470 zone, beating Bitcoin. ETH price was able to climb above the $2,500 and $2,540 resistance levels. The price cleared the 50% Fib retracement level of the downward move from the $2,788 swing high to the $2,470 low. However, the bears seem to be active below the $2,660 resistance zone. The price is again moving lower below the $2,600 level. There was a break below a short-term rising channel with support at $2,580 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,540 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,620 level. The next key resistance is near the $2,650 level. The first major resistance is near the $2,660 level. It is near the 61.8% Fib retracement level of the downward move from the $2,788 swing high to the $2,470 low. A clear move above the $2,660 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,780 resistance zone or even $2,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,660 resistance, it could start a fresh decline. Initial support on the downside is near the $2,545 level. The first major support sits near the $2,500 zone. A clear move below the $2,500 support might push the price toward the $2,470 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 zone. Major Support Level – $2,545 Major Resistance Level – $2,660
Ethereum price started a fresh decline from the $2,620 resistance zone. ETH is now trading below $2,580 and might continue to move down. Ethereum started a downside correction below the $2,600 level. The price is trading below $2,600 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,470 support zone in the near term. Ethereum Price Dips Again Ethereum price started a fresh decline from the $2,650 support zone, like Bitcoin. ETH price failed to recover losses and extended its decline below the $2,600 level. The price even declined below the $2,550 level. A low was formed at $2,470 and the price is now consolidating losses. There was a move above the $2,500 level. Besides, there was a break above a key bearish trend line with resistance at $2,500 on the hourly chart of ETH/USD. The price tested the 23.6% Fib retracement level of the downward move from the $2,787 swing high to the $2,470 low. Ethereum price is now trading below $2,600 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,550 level. The next key resistance is near the $2,600 level. The first major resistance is near the $2,620 level. It is near the 50% Fib retracement level of the downward move from the $2,787 swing high to the $2,470 low. A clear move above the $2,620 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,780 resistance zone or even $2,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,500 level. The first major support sits near the $2,470 zone. A clear move below the $2,470 support might push the price toward the $2,420 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,470 Major Resistance Level – $2,600
Ethereum price started a fresh decline from the $2,780 resistance zone. ETH is now trading below $2,650 and might continue to move down. Ethereum started a downside correction below the $2,700 level. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line forming with support at $2,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,550 support zone in the near term. Ethereum Price Dips Again Ethereum price started a fresh increase from the $2,550 support zone, beating Bitcoin. ETH price was able to recover above the $2,650 and $2,750 resistance levels before the bears appeared. A high was formed at $2,787 and the price is now correcting gains. There was a move below the $2,700 support level. The price dipped below the 50% Fib retracement level of the upward move from the $2,463 swing low to the $2,787 high. Ethereum price is now trading below $2,650 and the 100-hourly Simple Moving Average. Besides, there was a break below a key bullish trend line forming with support at $2,625 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,625 level. The next key resistance is near the $2,650 level. The first major resistance is near the $2,720 level. A clear move above the $2,720 resistance might send the price toward the $2,780 resistance. An upside break above the $2,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,950 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,650 resistance, it could start a fresh decline. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,550 zone. It is close to the 76.4% Fib retracement level of the upward move from the $2,463 swing low to the $2,787 high. A clear move below the $2,550 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,440 support level in the near term. The next key support sits at $2,400. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,550 Major Resistance Level – $2,650
Ethereum price found support at $2,550 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,800 resistance. Ethereum started a decent increase above the $2,550 and $2,720 levels. The price is trading near $2,720 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it clears the $2,800 resistance zone in the near term. Ethereum Price Rallies Over 5% Ethereum price started a fresh increase from the $2,550 support zone, beating Bitcoin. ETH price was able to recover above the $2,620 and $2,650 resistance levels. The price even surpassed the $2,720 level. However, the bears were active near the $2,785 resistance zone. The price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,610 swing low to the $2,787 high. Ethereum price is now trading near $2,720 and the 100-hourly Simple Moving Average. There is also a new connecting bullish trend line forming with support at $2,610 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,780 level. The next key resistance is near the $2,800 level. The first major resistance is near the $2,7=840 level. A clear move above the $2,840 resistance might send the price toward the $2,880 resistance. An upside break above the $2,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,920 resistance zone or even $2,950 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $2,780 resistance, it could start a fresh decline. Initial support on the downside is near the $2,700 level. The first major support sits near the $2,650 zone. It is close to the 76.4% Fib retracement level of the upward move from the $2,610 swing low to the $2,787 high. A clear move below the $2,650 support might push the price toward the $2,610 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,700 Major Resistance Level – $2,780
Ethereum price found support at $2,460 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,720 resistance. Ethereum started a decent increase above the $2,550 and $2,620 levels. The price is trading near $2,580 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $2,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it clears the $2,720 resistance zone in the near term. Ethereum Price Rallies Over 5% Ethereum price started a fresh increase from the $2,460 support zone, beating Bitcoin. ETH price was able to recover above the $2,550 and $2,620 resistance levels. The price even surpassed the $2,650 level. However, the bears were active near the $2,720 resistance zone. The price started a downside correction and traded below the $2,700 level. Moreover, there was a move below the 23.6% Fib retracement level of the upward move from the $2,463 swing low to the $2,711 high. Ethereum price is now trading near $2,580 and the 100-hourly Simple Moving Average. There is also a new connecting bullish trend line forming with support at $2,575 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,680 level. The next key resistance is near the $2,720 level. The first major resistance is near the $2,750 level. A clear move above the $2,750 resistance might send the price toward the $2,800 resistance. An upside break above the $2,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $2,720 resistance, it could start a fresh decline. Initial support on the downside is near the $2,620 level. The first major support sits near the $2,580 zone. It is close to the 50% Fib retracement level of the upward move from the $2,463 swing low to the $2,711 high. A clear move below the $2,580 support might push the price toward the $2,520 support. Any more losses might send the price toward the $2,460 support level in the near term. The next key support sits at $2,420. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,580 Major Resistance Level – $2,720
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a move below the $2,500 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a fresh increase from the $2,460 support zone, like Bitcoin. ETH price was able to recover above the $2,500 and $2,520 resistance levels. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $2,730 swing high to the $2,463 low. However, the bears were active near the $2,600 resistance zone. The price failed to clear $2,600 and reacted to the downside. Ethereum price is now trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,580 level. The next key resistance is near the $2,600 level. It is close to the 50% Fib retracement level of the downward move from the $2,730 swing high to the $2,463 low. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,800 resistance zone or even $2,850 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,550 level. The first major support sits near the $2,520 zone. A clear move below the $2,520 support might push the price toward the $2,460 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,600
Ethereum price found support at $2,460 and started a fresh increase. ETH is now rising and might aim for a move above the $2,600 resistance zone. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,600 resistance in the near term. Ethereum Price Finds Support Ethereum price started a decent increase after Bitcoin traded to a new all-time high. ETH tested the $2,720 zone before there was a downside correction. The price dipped below $2,500 and tested $2,450. A low was formed at $2,463 and the price is again rising. There was a move above the $2,500 resistance. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,729 swing high to the $2,463 low. There was also a break above a connecting bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,520 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,600 level. It is near the 50% Fib retracement level of the downward move from the $2,729 swing high to the $2,463 low. The next key resistance is near the $2,630 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,800 resistance zone or even $2,850 in the near term. Are Dips Supported In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,520 level. The first major support sits near the $2,500 zone. A clear move below the $2,500 support might push the price toward the $2,460 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,500 Major Resistance Level – $2,600
Ethereum price found support at $2,500 and started a fresh increase. ETH is now rising and might aim for a move above the $2,750 resistance zone. Ethereum started a decent increase above the $2,550 and $2,620 levels. The price is trading above $2,540 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,750 resistance in the near term. Ethereum Price Gains Strength Ethereum price started a decent increase after Bitcoin traded to a new all-time high. ETH bulls were active near the $2,500 zone and the price climbed above the $2,600 resistance. There was a move above the $2,620 and $2,650 levels. The price even spiked above $2,720. A high was formed at $2,731 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,442 swing low to the $2,731 high. Ethereum price is now trading above $2,675 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,740 level. The next key resistance is near the $2,750 level. The first major resistance is near the $2,800 level. A clear move above the $2,800 resistance might send the price toward the $2,840 resistance. An upside break above the $2,840 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,920 resistance zone or even $3,000 in the near term. Are Dips Limited In ETH? If Ethereum fails to clear the $2,750 resistance, it could start a fresh decline. Initial support on the downside is near the $2,675 level. The first major support sits near the $2,550 zone and the trend line. It is near the 61.8% Fib retracement level of the upward move from the $2,442 swing low to the $2,731 high. A clear move below the $2,550 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,450 support level in the near term. The next key support sits at $2,420. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,550 Major Resistance Level – $2,740
Ethereum price found support at $2,440 and started a fresh increase. ETH is now rising and might aim for a move above the $2,650 resistance zone. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading above $2,540 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,620 resistance in the near term. Ethereum Price Could Gain Strength Ethereum price remained in a range above $2,350 while Bitcoin traded to a new all-time high. ETH bulls were active near the $2,440 zone. A low was formed at $2,442 and the price started a fresh increase. There was a move above the $2,500 and $2,520 levels. The price surpassed the 50% Fib retracement level of the downward wave from the $2,615 swing high to the $2,442 low. Besides, there is a connecting bullish trend line forming with support at $2,500 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,520 and the 100-hourly Simple Moving Average. It is also above the 76.4% Fib retracement level of the downward wave from the $2,615 swing high to the $2,442 low. On the upside, the price could face resistance near the $2,620 level. The next key resistance is near the $2,650 level. The first major resistance is near the $2,720 level. A clear move above the $2,720 resistance might send the price toward the $2,840 resistance. An upside break above the $2,840 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,920 resistance zone or even $3,000 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,525 level. The first major support sits near the $2,500 zone and the trend line. A clear move below the $2,500 support might push the price toward the $2,440 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,500 Major Resistance Level – $2,620
Ethereum price found support at $2,350 and started a fresh increase. ETH is now rising and might aim for a move above the $2,580 resistance zone. Ethereum started a decent increase above the $2,480 and $2,500 levels. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,585 resistance in the near term. Ethereum Price Aims Higher Ethereum price started a downside correction below the $2,500 level, unlike Bitcoin. ETH traded below the $2,480 and $2,460 support levels. However, the bulls were active near the $2,450 zone. A low was formed at $2,445 and the price started a fresh increase. There was a move above the $2,480 and $2,500 levels. The price surpassed the 50% Fib retracement level of the downward wave from the $2,588 swing high to the $2,445 low. Ethereum price is now trading above $2,520 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2,500 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,555 level. It is near the 76.4% Fib retracement level of the downward wave from the $2,588 swing high to the $2,445 low. The next key resistance is near the $2,585 level. The first major resistance is near the $2,620 level. A clear move above the $2,620 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,800 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,500 level and the trend line. The first major support sits near the $2,450 zone. A clear move below the $2,450 support might push the price toward the $2,420 support. Any more losses might send the price toward the $2,320 support level in the near term. The next key support sits at $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,450 Major Resistance Level – $2,620
Ethereum price found support at $2,320 and started a fresh increase. ETH is now rising and might aim for a move above the $2,650 resistance zone. Ethereum started a decent increase above the $2,450 and $2,500 levels. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,650 resistance in the near term. Ethereum Price Regains Traction Ethereum price started a downside correction below the $2,450 level, unlike Bitcoin. ETH traded below the $2,400 and $2,350 support levels. However, the bulls were active near the $2,300 zone. A low was formed at $2,308 and the price started a fresh increase. There was a move above the $2,450 and $2,500 levels. The price surpassed the 61.8% Fib retracement level of the downward move from the $2,583 swing high to the $2,308 low. Besides, there was a break above a connecting bearish trend line with resistance at $2,530 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,540 and the 100-hourly Simple Moving Average. The price is also above the 76.4% Fib retracement level of the downward move from the $2,583 swing high to the $2,308 low. On the upside, the price could face resistance near the $2,580 level. The next key resistance is near the $2,600 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,780 resistance zone or even $2,840 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,650 resistance, it could start a fresh decline. Initial support on the downside is near the $2,520 level. The first major support sits near the $2,450 zone. A clear move below the $2,450 support might push the price toward the $2,420 support. Any more losses might send the price toward the $2,320 support level in the near term. The next key support sits at $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,450 Major Resistance Level – $2,650
Ethereum price corrected gains and tested the $2,320 zone. ETH is now struggling and might decline toward the $2,220 support zone. Ethereum started a correction from the $2,580 zone and tested $2,320. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,550 resistance in the near term. Ethereum Price Dips Again Ethereum price struggled to clear the $2,520 resistance and started a downside correction, unlike Bitcoin. ETH traded below the $2,500 and $2,440 support levels. The bears were able to push the price below the 50% Fib retracement level of the upward move from the $2,308 swing low to the $2,509 high. The price even spiked below the $2,440 level, but the bulls were active near the $2,400 zone. The price is stable above the 61.8% Fib retracement level of the upward move from the $2,308 swing low to the $2,509 high. Ethereum price is now trading below $2,450 and the 100-hourly Simple Moving Average. There is also a connecting bearish trend line forming with resistance at $2,540 on the hourly chart of ETH/USD. If there is another increase, the price could face resistance near the $2,460 level. The next key resistance is near the $2,500 level. The first major resistance is near the $2,550 level and the trend line. A clear move above the $2,550 resistance might send the price toward the $2,580 resistance. An upside break above the $2,580 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,700 resistance zone or even $2,780 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,350 zone. A clear move below the $2,350 support might push the price toward the $2,320 support. Any more losses might send the price toward the $2,220 support level in the near term. The next key support sits at $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,400 Major Resistance Level – $2,500
After a strong rally that pushed Ethereum to a local high of $2,730, the asset has retraced over 10%, now testing key support levels as the market cools off. The correction comes after days of heavy buying pressure and growing expectations of a broader altseason. However, the recent pullback has sparked debate among analysts and traders, with sentiment now split between those anticipating another leg up and others preparing for a deeper correction. Related Reading: Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details Some believe this pause is healthy and necessary before Ethereum resumes its uptrend. Others argue that ETH could retest lower zones, especially if Bitcoin remains range-bound. Top analyst Daan weighed in by highlighting the ETH/BTC pair, pointing out that Ethereum, after its big move up, is now facing resistance around the 0.026 BTC level. With Ethereum still trading far below its all-time high and caught in a wide macro range, the coming days may prove decisive. Whether this is just a short-term cooldown or the start of a larger correction, Ethereum’s current levels will likely dictate the momentum heading into the next phase of the market. Ethereum Holds Critical Support As ETH/BTC Pair Faces Key Resistance Ethereum continues to show resilience despite recent volatility, maintaining its position above the $2,400 level. This zone now acts as crucial support, and bulls must defend it to preserve the broader bullish momentum. While price action has cooled slightly following its sharp run to $2,730, ETH remains one of the stronger performers in the market, holding up well amid increased uncertainty and speculative positioning. Much of the current optimism hinges on Ethereum’s performance relative to Bitcoin. If ETH continues to outperform BTC, analysts believe it could trigger the long-awaited altseason — a market phase where altcoins significantly outperform Bitcoin. Daan shared insights on this dynamic, focusing on the ETH/BTC ratio, which has gained notable strength in recent sessions. According to Daan, ETH has now run into resistance near the 0.026 level after a sharp rally. For bullish momentum to continue, ETH must hold above 0.0224. A break below this key support could trigger a slow bleed and potentially unwind the entire recent move. On the upside, a clear break above 0.026 would open the door to a move toward 0.03 and beyond. In short, Ethereum’s short-term direction will likely be shaped by its ability to hold $2,400 and maintain strength against Bitcoin. If both conditions are met, the case for a sustained altcoin rally grows significantly stronger. Related Reading: Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation ETH Pulls Back Into Support After Failing To Break $2,700 Ethereum is currently trading at $2,485, following a sharp retracement from its recent local high near $2,730. The chart shows that ETH failed to hold above the 200-day simple moving average (SMA) at $2,701, which acted as a strong resistance zone. After days of sustained upward momentum, this rejection has pushed the price back toward the 200-day exponential moving average (EMA) around $2,438 — a key level that now serves as immediate support. Volume has remained elevated during this move, suggesting active participation from both bulls and bears. Despite the rejection from the 200 SMA, Ethereum is still holding well above its breakout zone from early May, where the price surged from under $2,000. If bulls can defend the EMA and keep price above $2,400, this could form a higher low and set the stage for another attempt at reclaiming the $2,700–$2,800 area. Related Reading: Solana Sees Renewed Demand As Capital Flows Turn Positive – Details However, if ETH loses the $2,400 level, momentum could shift in favor of the bears, potentially triggering a larger correction. For now, Ethereum remains in a consolidation phase within a broader bullish structure. The next few daily closes will be critical to confirm if the pullback is healthy or a signal of deeper weakness. Featured image from Dall-E, chart from TradingView
Ethereum price corrected gains and tested the $2,500 zone. ETH is now again rising and might soon aim for a move above the $2,600 zone. Ethereum started a correction from the $2,740 zone and tested $2,500. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a key declining channel or a possible bullish flag forming with resistance at $2,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,600 resistance in the near term. Ethereum Price Eyes Upside Break Ethereum price struggled to clear the $2,740 resistance and started a downside correction, like Bitcoin. ETH traded below the $2,700 and $2,650 support levels. The bears were able to push the price below the 50% Fib retracement level of the upward move from the $2,415 swing low to the $2,735 high. The price even spiked below the $2,520 level, but the bulls were active near the $2,500 zone. The price found support near the 76.4% Fib retracement level of the upward move from the $2,415 swing low to the $2,735 high. Ether is again rising from the $2,500 zone. Ethereum price is now trading above $2,520 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,575 level. There is also a key declining channel or a possible bullish flag forming with resistance at $2,575 on the hourly chart of ETH/USD. The next key resistance is near the $2,600 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,735 resistance. An upside break above the $2,735 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,800 resistance zone or even $2,920 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,525 level. The first major support sits near the $2,500 zone. A clear move below the $2,500 support might push the price toward the $2,420 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,500 Major Resistance Level – $2,600
Ethereum price extended its increase above the $2,720 zone. ETH is now correcting gains and might revisit the $2,500 support zone. Ethereum started a fresh increase and cleared the $2,720 resistance. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There is a short-term declining channel or a possible bullish flag forming with resistance at $2,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find bids near $2,500 and start a fresh increase in the near term. Ethereum Price Dips Again Ethereum price remained supported and started a fresh increase above $2,620, beating Bitcoin. ETH gained pace for a move above the $2,650 resistance zone. The bulls were able to push the price above the $2,700 resistance zone. A high was formed at $2,736 and the price is now correcting gains. The price dipped below $2,650 and even spiked below the 50% Fib retracement level of the upward move from the $2,415 swing low to the $2,736 high. However, the bulls are still active above $2,550. Ethereum price is now trading above $2,550 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,620 level. There is also a short-term declining channel or a possible bullish flag forming with resistance at $2,630 on the hourly chart of ETH/USD. The next key resistance is near the $2,680 level. The first major resistance is near the $2,720 level. A clear move above the $2,720 resistance might send the price toward the $2,820 resistance. An upside break above the $2,820 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,950 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,630 resistance, it could start a fresh downside correction. Initial support on the downside is near the $2,575 level. The first major support sits near the $2,500 zone or the 76.4% Fib retracement level of the upward move from the $2,415 swing low to the $2,736 high. A clear move below the $2,500 support might push the price toward the $2,420 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,575 Major Resistance Level – $2,680
Ethereum price extended its increase above the $2,700 zone. ETH is now correcting gains and might revisit the $2,575 support zone. Ethereum started a fresh increase and cleared the $2,700 resistance. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find bids near $2,575 and start a fresh increase in the near term. Ethereum Price Restarts Rally Ethereum price remained supported and started a fresh increase above $2,550, beating Bitcoin. ETH gained pace for a move above the $2,620 resistance zone. There was a break above a connecting bearish trend line with resistance at $2,450 on the hourly chart of ETH/USD. The bulls were able to push the price above the $2,700 resistance zone. A high was formed at $2,736 and the price is now correcting gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2,416 swing low to the $2,736 high. However, the bulls are still active above $2,620. Ethereum price is now trading above $2,640 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,720 level. The next key resistance is near the $2,735 level. The first major resistance is near the $2,750 level. A clear move above the $2,750 resistance might send the price toward the $2,840 resistance. An upside break above the $2,840 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,950 in the near term. Another Pullback In ETH? If Ethereum fails to clear the $2,720 resistance, it could start a fresh downside correction. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,575 zone and the 50% Fib retracement level of the upward move from the $2,416 swing low to the $2,736 high. A clear move below the $2,575 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,720 Major Resistance Level – $2,575
The Ethereum price has crossed the $2,400 mark for the first time since March of this year, marking a significant recovery for the second-largest cryptocurrency by market capitalization. This surge represents a remarkable 50% increase over the past month, notably outpacing Bitcoin’s (BTC) 19% rise during the same period. As a result, market experts are increasingly viewing Ethereum as the premier cryptocurrency to invest. Ethereum Price Potential Soars Notably, VirtualBacon, a figure in the crypto analysis community, recently asserted, “Ethereum is the best crypto to buy right now.” He emphasized that while the Ethereum price may not have surged as dramatically as some other cryptocurrencies, its fundamental strengths remain intact. In a recent social media post on X (formerly Twitter), VirtualBacon highlighted his updated timeline and targets for the Ethereum price, noting that the cryptocurrency is trading near $2,500, a significant recovery from its lows in 2022 reached during the market sell-off in April. Related Reading: Bitcoin Price Targets $110,000 All-Time High After Consolidation Trend Ends According to the analyst, a key indicator of Ethereum’s potential is the ETH/BTC trading pair, which recently rebounded from multi-year support levels. Historically, such bounces have often signaled the onset of altcoin cycles, aligning with shifts in global liquidity. VirtualBacon asserts that if the Ethereum price can reclaim the 0.382 Fibonacci retracement level against Bitcoin, it could see a substantial gain of approximately 60%. A further retracement to the 0.5 level would push its value beyond 0.05 BTC, enhancing the bullish sentiment surrounding Ethereum. Currently, the Ethereum price is consolidating around these critical levels, which are viewed as a strong accumulation range before macroeconomic conditions shift. VirtualBacon Projects $10K For ETH The analyst also argued that while Solana (SOL) is faster in terms of transaction speeds, Ethereum remains the backbone for most real-world applications (RWAs) and stablecoins. It is also the only altcoin recognized as a commodity in legal terms, gaining trust from institutional investors. Related Reading: XRP Chart Hits Critical Level That ‘Opens The Sky,’ Analyst Warns Looking ahead, Ethereum’s future performance is closely tied to the Federal Reserve’s (Fed) monetary policy decisions. With quantitative tightening (QT) slowing to $5 billion per month—the lowest rate in recent history—the analyst is keenly anticipating a potential pause in QT by the third or fourth quarter of this year. VirtualBacon forecasts that this pause could trigger a bottoming out of the ETH/BTC pair, paving the way for significant upside movement for the Ethereum price. VirtualBacon maintains a bullish outlook for Ethereum, suggesting that if Bitcoin reaches $200,000, ETH could hit a price target of $10,000. If Bitcoin climbs even higher to $250,000, the Ethereum price could soar to $12,000. When writing, ETH trades at $2,440, up by 8% in the past seven days. Featured image from DALL-E, chart from TradingView.com
Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might revisit the $2,350 support zone. Ethereum started a downside correction from the $2,600 resistance. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could find bids near $2,350 and start a fresh increase in the near term. Ethereum Price Aims Fresh Increase Ethereum price remained supported and started a fresh increase above $2,350, beating Bitcoin. ETH gained pace for a move above the $2,400 resistance zone. The bulls were able to push the price above the $2,550 resistance zone. The price gained over 35% and recently tested the $2,600 resistance zone. A high was formed at $2,624 and the price is now correcting gains. There was a minor decline below the 50% Fib retracement level of the upward move from the $2,272 swing low to the $2,624 high. There was a break below a connecting bullish trend line with support at $2,500 on the hourly chart of ETH/USD. However, the bulls are still active above $2,400. Ethereum price is now trading above $2,400 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,500 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,620 level. A clear move above the $2,620 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,780 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,500 resistance, it could start a fresh downside correction. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,350 zone and the 76.4% Fib retracement level of the upward move from the $2,272 swing low to the $2,624 high. A clear move below the $2,350 support might push the price toward the $2,275 support. Any more losses might send the price toward the $2,220 support level in the near term. The next key support sits at $2,200. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,350 Major Resistance Level – $2,500
Ethereum price started a fresh surge above the $2,350 zone. ETH is now up over 35% and consolidating gains near the $2,500 zone. Ethereum started a fresh surge above the $2,350 resistance. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it breaks the $2,600 resistance level. Ethereum Price Surges And Clears $2,500 Ethereum price remained supported and started a fresh increase above $2,200, beating Bitcoin. ETH gained pace for a move above the $2,350 resistance zone. The bulls were able to push the price above the $2,500 resistance zone. The price gained over 35% and recently surpassed the $2,550 resistance zone. A high was formed at $2,606 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2,272 swing low to the $2,606 high. Ethereum price is now trading above $2,500 and the 100-hourly Simple Moving Average. Besides, there is a connecting bullish trend line forming with support at $2,480 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,550 level. The next key resistance is near the $2,600 level. The first major resistance is near the $2,620 level. A clear move above the $2,620 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,780 in the near term. Are Dips Limited In ETH? If Ethereum fails to clear the $2,550 resistance, it could start a fresh downside correction. Initial support on the downside is near the $2,470 level. The first major support sits near the $2,440 zone and the 50% Fib retracement level of the upward move from the $2,272 swing low to the $2,606 high. A clear move below the $2,440 support might push the price toward the $2,350 support. Any more losses might send the price toward the $2,270 support level in the near term. The next key support sits at $2,220. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,440 Major Resistance Level – $2,550
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance. The price is trading above $2,120 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it breaks the $2,250 resistance level. Ethereum Price Surges Above $2,000 Ethereum price remained supported and started a fresh increase above $1,880, beating Bitcoin. ETH gained pace for a move above the $1,950 resistance zone. The bulls were able to push the price above the $2,000 resistance zone. The price gained over 25% and recently surpassed the $2,200 resistance zone. A high was formed at $2,241 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $1,752 swing low to the $2,241 high. Ethereum price is now trading above $2,200 and the 100-hourly Simple Moving Average. Besides, there is a connecting bullish trend line forming with support at $2,150 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,240 level. The next key resistance is near the $2,250 level. The first major resistance is near the $2,320 level. A clear move above the $2,320 resistance might send the price toward the $2,450 resistance. An upside break above the $2,450 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,250 resistance, it could start a fresh downside correction. Initial support on the downside is near the $2,200 level. The first major support sits near the $2,150 zone and the trend line. A clear move below the $2,150 support might push the price toward the $2,075 support. Any more losses might send the price toward the $2,020 support level in the near term. The next key support sits at $2,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,150 Major Resistance Level – $2,250