$ETH is trading around $2,440–$2,460 after a sharp late-August rally. It climbed roughly 27–31% from mid-August lows, briefly tagging highs near $2,530–$2,560 before cooling off. Market cap sits near $295–296 billion.
$ETH Technical analysis
The trend is still constructive: ETH broke out of the $2,200–$2,300 range that held it for months and is trading above its major moving averages. Immediate support sits around $2,400–$2,430; a deeper dip could test the $2,200 area. Resistance is clustered at $2,500–$2,550, then $2,800 and $3,000.cb9303
Fxstreet#ETH #ETHUSDT #ETHETFsApproved
Momentum is stretched. Daily RSI has been in the mid-to-high 70s (overbought), so a pullback or sideways consolidation is the most likely near-term path before any next leg higher. Several analysts still see $2,800 as a reasonable medium-term target if $2,500 holds as support.$ETH
$ETH Technical analysis
The trend is still constructive: ETH broke out of the $2,200–$2,300 range that held it for months and is trading above its major moving averages. Immediate support sits around $2,400–$2,430; a deeper dip could test the $2,200 area. Resistance is clustered at $2,500–$2,550, then $2,800 and $3,000.cb9303
Fxstreet#ETH #ETHUSDT #ETHETFsApproved
Momentum is stretched. Daily RSI has been in the mid-to-high 70s (overbought), so a pullback or sideways consolidation is the most likely near-term path before any next leg higher. Several analysts still see $2,800 as a reasonable medium-term target if $2,500 holds as support.$ETH
