Current price: around $2,400. #Ethereum
Eth recently fell sharply from the $2,515–$2,520 area. �
Investing.com Canada +1
Support: $2,350–$2,360
Major support: around $2,200
Resistance: $2,400–$2,420
Strong resistance: $2,500–$2,520
Higher resistance: $3,040–$3,060
Momentum: Short-term momentum is weak after the recent drop; RSI readings are around neutral-to-weak territory depending on timeframe. �
360 Trading View +1
Technical view: Holding above $2,350–$2,360 would keep the broader recovery structure intact. A sustained move back above $2,500–$2,520 would improve the technical picture, while a clear break below $2,350 could increase downside pressure. Reuters recently identified $2,350–$2,360 as an important level and noted a possible bullish target near $3,050 if the recovery pattern resumes. �
reuters.com$
Eth recently fell sharply from the $2,515–$2,520 area. �
Investing.com Canada +1
Support: $2,350–$2,360
Major support: around $2,200
Resistance: $2,400–$2,420
Strong resistance: $2,500–$2,520
Higher resistance: $3,040–$3,060
Momentum: Short-term momentum is weak after the recent drop; RSI readings are around neutral-to-weak territory depending on timeframe. �
360 Trading View +1
Technical view: Holding above $2,350–$2,360 would keep the broader recovery structure intact. A sustained move back above $2,500–$2,520 would improve the technical picture, while a clear break below $2,350 could increase downside pressure. Reuters recently identified $2,350–$2,360 as an important level and noted a possible bullish target near $3,050 if the recovery pattern resumes. �
reuters.com$
