Huge return on key support

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Ethereum returned above $ 2,500 after a huge violent escalate, which did not almost overnight market moods overnight. After months of intensive sales pressure, which began at the end of December 2024, ETH spent most of the first quarter, fighting for adhesion. However, a powerful rally last week – 80% growth in less than a month – shifted the tone on the market, arousing optimism and preparing the stage at the beginning of the wider recovery of Altcoin.

The best analyst Jelle shared technical analysis, noting that although the Ethereum breakthrough is impressive, the resource still has “a lot to do”. ETH is now testing the key power zone, which previously meant significant resistance. Whether bulls can push through this area or face a transient rejection, it will just be seen. Despite this, the size and speed of this recovery suggest that Ethereum could finish the bottom of surrender and is built in the direction of a more balanced upward trend.

For now, the recovery of USD 2,500 is a significant psychological and technical milestone. With mmperation and wider market building, the price of Ethereum in the coming days can lend a hand define the trajectory of the entire Altcoin sector in Q2.

Ethereum is testing the key resistance after an explosive weekly rape

Ethereum increased by more than 44% in less than a week, recovering significant levels of resistance with strength and rapidly changing from Bearish to stubborn. After months of worse results, ETH now leads a charge in what many analysts can be the beginning of the long -awaited season. The wider market shows signs of the renewed shoot, but the breakthrough of the ethereum is particularly significant, because it often signals capital rotation on altcoin.

The ETH rally took it from below USD 1,800 to slightly above USD 2,500, passing through the key areas of resistance that took place from January. Now the price is testing a key supply zone between 2600 to 2800 USD – a region that previously acted as a distribution and main rejection point. A successful break over this level can open the door to go to $ 3,000 and more.

Jelle emphasized The scale of Ethereum’s return, noting that this “huge reflection” occurred after the market was largely announced by Eth Dead. Prices are now strongly above critical support, and recovery of USD 2,500 is the main technical milestone. Despite this, as Jelle notes, there is a lot of work before confirming full recovery.

Ethereum huge weekly reflection Source: Jelle on X
Ethereum huge weekly reflection Source: Jelle on X

While the compact -term shoot is clearly stubborn, Ethereum must consolidate and build a structure above this resistance to establish a sustainable growth. If this happens, the narrative for Altsason becomes much stronger, especially after years of payment in the entire sector. The upcoming days will be crucial when Ethereum is testing the upper end of this range of resistance and gives tons to the Altcoin heading in the summer.

Tests ETH 2600 $ resistance as the shoot is built

Ethereum trades at USD 2570 after an explosive rally, which exceeded the price from less than USD 1800 to the up-to-date local level of the highest level of $ 2625 in just a few sessions. The chart shows a clear vertical break, powered by growing volume and recovery of the main medium movable. ETH definitely broke above the 200-day EMA (currently nearly USD 2436) and is testing the 200-day SMA about USD 2,701 USD-Strefa, which is a significant area of ​​supply.

Testing ETH 2600 $ Resistance | Source: Ethusdt Chart on TradingView
Testing ETH 2600 $ Resistance | Source: Ethusdt chart on TradingView

The steep input angle suggests a robust stubborn shoot, but the price is approaching the key convergence. Historically, the range from 2600–2800 USD acted both as support and resistance, which means that bulls must consolidate above USD 2,500 to maintain a return.

This movement also occurs in the months of consolidation and the long period of worse results. After a 66% inheritance compared to the December peaks, the current Ethereum signals the potential reversal of the trend. If the bulls keep this pressure and break above 200 SMA, it can cause a quick continuation of up to 3000 USD and more.

However, the volume should remain elevated and variability is expected, because sellers can enter these levels. Compact -term withdrawal does not annul the trend, but the lack of a stop above $ 2,500 can stop the shoot.

Recommended photo from Dall-E, Tradingview chart

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