ETHEREUM (ETH) PRICE ANALYSIS - 30 Sep 2026

Live Price: $2,701.78 (-1.24%)
Market Cap Rank: #2

TECHNICAL ANALYSIS:

Support Levels:
- Support 1: $2,608
- Strong Support 2: $2,544 - $2,560 (20-day & 100-week EMA)

Resistance Levels:
- Resistance 1: $2,810$ETH
- Breakout Target: $3,050 - $3,17
Indicators:
- RSI (14): 55 - Neutral to Bullish
- 50 EMA: $2,562 - Price is Above (Bullish)
- 200-day MA: Rising since March 2026 (Sustained Uptrend)
- 71% Green Days in last 7 days

FUNDAMENTAL NEWS:
- BitMine holds 6M ETH (4.9% of total supply), 84% staked
- US ETH ETFs inflow: $689.8M last week
- Glamsterdam Upgrade hitting Sepolia testnet on Oct 6 (Bullish Catalyst)

PREDICTION:
Scenario 1 - Bullish: If ETH closes above $2,810, next target is $3,050 and $3,963
Scenario 2 - Bearish: If ETH closes below $2,600, correction to $2,400 expected

Strategy: Buy near $2,608 support, Stop Loss $2,540, Take Profit $2,810 / $3,050
This is not financial advice.