Skip to main content

Ethereum Price Update: Eyes on $2,600 Resistance

Ethereum (ETH) is showing promising signs on the 4-hour chart. 

ETH Chart (Source Coingecko)

Currently, it’s trading around $2,550, sitting above the EMA50, which indicates a supportive trend for bulls.

Technical indicators show mixed but positive signals:

  • RSI is neutral, suggesting neither overbought nor oversold conditions.
  • MACD is signaling positive momentum, hinting at a possible move higher.

The key level to watch is $2,600, which acts as strong resistance. A clear break above this level could open the door for Ethereum to quickly reclaim the $3,000 zone.

Bottom Line:
If ETH breaks $2,600 with volume, it may accelerate toward $3,000. Traders should watch for a confirmed breakout before entering new long positions.

Stay tuned for further updates and analysis!

__________👇

Join my Telegram channel now for daily updates &  and trade setups.

Link: https://t.me/bwtinternational

Comments

Post a Comment

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 
Post a Comment
Read more

Ethereum Heading Towards $4,000:

Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!
Post a Comment
Read more

🚀 XRP Price Update – Is a Breakout Coming?

XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: 🔹 Resistance : $3.00 - $3.20 (Break = 🚀) 🔹 Support : $2.50 - $2.20 (Pullback zone) 🔹 Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.
Post a Comment
Read more