Ethereum transforms the key resistance to support – can Bulls recover USD 2000?

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Ethereum now maintains above critical support levels after unstable weeks, but still has problems recovering key resistance zones. Bulls managed to regain some impetus, helping ETH stabilize above USD 1700. However, to confirm the real stubborn structure and strongly move sentiment, Ethereum must regain and maintain a higher level in the coming days.

The best analyst Daan shared the technical configuration emphasizing the promising development: Ethereum reveals the previous level back to support. According to Daan, this means a significant change in the dynamics of the Eth market, because it is something that the resource has not done for months. Instead of consistent rejection of resistance and the creation of lower low, ETH now shows early signs of strength by defending critical zones.

Still, the battle is not over. The global macro and tension uncertainty between the USA and China still exert pressure on all risk assets, including crypto. In the case of Ethereum, daily close to the key resistance can open the door to a more decisive movement higher, while the lack of this may cause that it is susceptible to the next round of consolidation or disadvantage.

Ethereum faces a critical test after a robust recovery

Ethereum organized impressive recovery, gaining over 32% from the local lowest level 1,383 USD. Now it trades well above 1700 USD, ETH is in the face of a key test: maintaining current levels to change the long -term bear price structure to a more stubborn trend. After months of relentless sales pressure, this stabilization may mean the beginning of a greater reversal if the shoot is maintained.

However, the wider macroeconomic risk is still approaching. The continuous conflict between the US and China is still pressing on financial markets, with growing fears that the extended negotiations process may interfere with global supply chains. If in the coming weeks he does not reach any resolution, risk assets such as Ethereum can fight to maintain recent profits. However, a breakthrough agreement may quickly transfer the investor’s appetite back towards risk assets, fueling a stronger rally.

Daana technical analysis It emphasizes a grave change in ETH behavior. For the first time in months, Ethereum reverses the previous level of the horizontal resistance zone back to support – a sign of strengthening market dynamics. Daan suggests strictly monitoring the range of 1750–2100 USD, because the company maintaining over this area would signal a significant improvement in the ETH structure.

Ethereum testing of a critical level of support Source: Daan on X
Ethereum testing of a critical level of support Source: Daan is x

Daily approach above 1750 USD and gradual consolidation in this key range of Ethereum position in a potential breakthrough towards higher levels in the coming months.

The price of ETH lasts above key support, but challenges remain

Ethereum currently has trade of USD 1,790, maintaining its position above the critical 4-hour EMA. This technical level has been acting in recent days as robust support, providing the grounds for building a momentum. Keeping above 1700 USD is crucial for maintaining a stubborn structure, which began to form after weeks of sales volatility and pressure.

ETH persistent above 4-hour 200 mA and EMA | Source: Ethusdt Chart on TradingView
ETH persistent above 4-hour 200 mA and EMA | Source: Ethusdt chart on TradingView

To confirm a robust recovery and transition to a lasting upward trend, ETH must regain the $ 2000 psychological level. The decisive break and maintenance above USD $ 2,000 would probably attract re -purchasing interest and could open the door to the passage towards zones with higher resistance. However, without a robust catalyst, bulls can fight to maintain pressure up in a miniature period.

On the other hand, the loss of support 1700 USD would signal the growing weakness and probably invited further sales. The break below this zone can send Ethereum back to the $ 1500 region, again enriching the extended consolidation or deeper correction. For now, the market remains carefully bullish, but all eyes are about whether bulls can soon build a sufficient momentum to regain a higher level.

Recommended photo from Dall-E, Tradingview chart

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