Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Interlink and Blazpay Partner to improve the user experience in Web3 with AI

2025-05-19

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19

    Ice Open Network welcomes Soonchain AI in its online+ ecosystem to stimulate web3 ai-game development

    2025-05-18

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17
  • Analysis

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Ethereum Price Poised for a Comeback: Can It Break $2,700?
Analysis

Ethereum Price Poised for a Comeback: Can It Break $2,700?

2024-09-25No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Ethereum price is holding gains above the USD 2,650 resistance. ETH is now consolidating gains and could target more gains above $2,700.

  • Ethereum is aiming for more upside above the USD 2,700 resistance.
  • The price is trading above USD 2,620 and the 100-hourly Simple Moving Average.
  • A short-term contract triangle is forming with support at $2,620 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair needs to stay above the $2,600 support to continue higher in the near term.

Ethereum price has more upsides

Ethereum price extended its rise and climbed to the $2,700 level before the bears appeared. ETH started a downward correction from the high of $2,701, just like Bitcoin.

There was a decline below the USD 2,640 level. The price peaked below the 50% Fib retracement level of the upward wave from the $2,528 swing low to the $2,700 high. However, the bulls were active near the $2,600 support zone.

The price tested the 61.8% Fib retracement level of the upward wave from the $2,528 swing low to the $2,700 high and is currently rising. Ethereum price is now trading above $2,620 and the 100-hourly Simple Moving Average.

A short-term contracting triangle is also forming with support at $2,620 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles around the USD 2,660 level. The first major resistance is around the $2,700 level. The next major resistance is near USD 2,720.

Ethereum price
Source: ETHUSD on TradingView.com

An upside break above the USD 2,720 resistance could call for more gains. In the mentioned case, Ether could rise towards the USD 2,800 resistance zone in the short term. The next hurdle is near the USD 2,850 or USD 2,880 level.

See also  According to VanEck's CEO, two things are holding back the tokenization of real-world assets

Another drop in ETH?

If Ethereum fails to clear the USD 2,680 resistance, it could trigger another decline. The initial downside support is near the $2,620 level and the triangle trendline. The first major support is near the $2,600 zone.

A clear move below the USD 2,600 support could push the price towards USD 2,550. Any further losses could send the price towards the USD 2,525 support level in the near term. The next major support is at USD 2,450.

Technical indicators

hourly MACD – The MACD for ETH/USD is gaining strength in the bullish zone.

RSI per hour – The RSI for ETH/USD is now above the 50 zone.

Major support level – $2,600

Major resistance level – $2,680

Source link

Break comeback Ethereum poised Price
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

2025-05-19

XRP Price forecast – ‘Mixed signals’ Mean Altcoin will move like this!

2025-05-19

Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

2025-05-19
Add A Comment

Comments are closed.

Top Posts

NFTs are 94% worthless and also up over 52,000%

2023-09-27

XRP and Shiba Inu Rally are not over yet according to this indicator

2023-11-04

Analyst Predicts Parabolic Rally for Ethereum After Correction, Updates Outlook for Solana and FLOKI

2024-07-08
Editors Picks

Hotcoin Global and Fognet Partner to transform real estate and K-pop with blockchain

2025-03-21

Siled systems could replace the ‘Lego castles’ of DeFi, Fiskante says

2023-10-20

A deep dive into cross-chain interoperability

2024-08-10

Ethereum: Buterin’s ETH transfer has the market questioning his motives

2023-12-20

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

Interlink and Blazpay Partner to improve the user experience in Web3 with AI

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,543.21-1.33%
  • ethereumEthereum(ETH)$2,404.18-4.29%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.40%
  • binancecoinBNB(BNB)$638.23-1.25%
  • solanaSolana(SOL)$161.57-5.90%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.216214-3.53%
  • cardanoCardano(ADA)$0.72-4.23%
  • tronTRON(TRX)$0.264197-2.91%
  • suiSui(SUI)$3.64-5.45%
  • chainlinkChainlink(LINK)$15.13-3.45%
  • avalanche-2Avalanche(AVAX)$21.61-6.18%
  • stellarStellar(XLM)$0.279629-3.41%
  • hyperliquidHyperliquid(HYPE)$25.24-5.63%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.79%
  • unus-sed-leoUNUS SED LEO(LEO)$8.59-1.24%
  • hedera-hashgraphHedera(HBAR)$0.186125-3.90%
  • bitcoin-cashBitcoin Cash(BCH)$381.22-4.43%
  • litecoinLitecoin(LTC)$95.00-3.50%
  • the-open-networkToncoin(TON)$2.89-6.76%
  • polkadotPolkadot(DOT)$4.48-5.85%
  • moneroMonero(XMR)$343.62-0.04%
  • bitget-tokenBitget Token(BGB)$5.06-3.43%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-4.49%
  • piPi(PI)$0.70-3.31%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.72-3.73%
  • bittensorBittensor(TAO)$394.00-6.40%
  • aaveAave(AAVE)$219.72-3.37%
  • nearNEAR Protocol(NEAR)$2.67-3.61%
  • aptosAptos(APT)$5.00-3.58%
  • okbOKB(OKB)$51.70-2.45%
  • ondo-financeOndo(ONDO)$0.89-4.41%
  • kaspaKaspa(KAS)$0.104523-6.72%
  • ethereum-classicEthereum Classic(ETC)$17.77-3.49%
  • internet-computerInternet Computer(ICP)$5.03-4.28%
  • gatechain-tokenGateToken(GT)$21.24-1.35%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.55-3.28%
  • crypto-com-chainCronos(CRO)$0.093157-6.10%
  • mantleMantle(MNT)$0.73-1.69%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.228700-4.32%
  • vechainVeChain(VET)$0.027001-4.90%
  • render-tokenRender(RENDER)$4.39-5.50%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • ethenaEthena(ENA)$0.346280-8.74%
  • filecoinFilecoin(FIL)$2.76-4.05%
  • algorandAlgorand(ALGO)$0.213190-4.01%
  • cosmosCosmos(ATOM)$4.63-4.32%
  • bitcoinBitcoin(BTC)$102,543.21-1.33%
  • ethereumEthereum(ETH)$2,404.18-4.29%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.31-3.40%
  • binancecoinBNB(BNB)$638.23-1.25%
  • solanaSolana(SOL)$161.57-5.90%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.216214-3.53%
  • cardanoCardano(ADA)$0.72-4.23%
  • tronTRON(TRX)$0.264197-2.91%
  • suiSui(SUI)$3.64-5.45%
  • chainlinkChainlink(LINK)$15.13-3.45%
  • avalanche-2Avalanche(AVAX)$21.61-6.18%
  • stellarStellar(XLM)$0.279629-3.41%
  • hyperliquidHyperliquid(HYPE)$25.24-5.63%
  • shiba-inuShiba Inu(SHIB)$0.000014-4.79%
  • unus-sed-leoUNUS SED LEO(LEO)$8.59-1.24%
  • hedera-hashgraphHedera(HBAR)$0.186125-3.90%
  • bitcoin-cashBitcoin Cash(BCH)$381.22-4.43%
  • litecoinLitecoin(LTC)$95.00-3.50%
  • the-open-networkToncoin(TON)$2.89-6.76%
  • polkadotPolkadot(DOT)$4.48-5.85%
  • moneroMonero(XMR)$343.62-0.04%
  • bitget-tokenBitget Token(BGB)$5.06-3.43%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-4.49%
  • piPi(PI)$0.70-3.31%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.72-3.73%
  • bittensorBittensor(TAO)$394.00-6.40%
  • aaveAave(AAVE)$219.72-3.37%
  • nearNEAR Protocol(NEAR)$2.67-3.61%
  • aptosAptos(APT)$5.00-3.58%
  • okbOKB(OKB)$51.70-2.45%
  • ondo-financeOndo(ONDO)$0.89-4.41%
  • kaspaKaspa(KAS)$0.104523-6.72%
  • ethereum-classicEthereum Classic(ETC)$17.77-3.49%
  • internet-computerInternet Computer(ICP)$5.03-4.28%
  • gatechain-tokenGateToken(GT)$21.24-1.35%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.55-3.28%
  • crypto-com-chainCronos(CRO)$0.093157-6.10%
  • mantleMantle(MNT)$0.73-1.69%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.228700-4.32%
  • vechainVeChain(VET)$0.027001-4.90%
  • render-tokenRender(RENDER)$4.39-5.50%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • ethenaEthena(ENA)$0.346280-8.74%
  • filecoinFilecoin(FIL)$2.76-4.05%
  • algorandAlgorand(ALGO)$0.213190-4.01%
  • cosmosCosmos(ATOM)$4.63-4.32%