$ETH
đšEthereum Price Forecast: ETH retests $2,431 supportđš
Ethereum recorded $97.3 million in liquidations over the past 24 hours, led by $75.8 million in long liquidations, according to Coinglass data.
On the daily chart, ETH is holding a bullish near-term bias as it extends above its key Exponential Moving Averages (EMAs). The 20-day EMA at $2,261, along with the 50-, 100- and 200-day EMAs clustered between roughly $2,073 and $2,156, sits below price and suggests a well-supported uptrend.
Momentum is strong, with the 14-day Relative Strength Index (RSI) hovering just under the overbought threshold at 69 and the Stochastic Oscillator (Stoch) elevated at 81, indicating bullish pressure persists as the rally becomes stretched in the short term.
On the downside, immediate support is seen near the recent horizontal pivot at $2,431, which has held prices over the past week, followed by the 20-day EMA and prior structural floors at $2,172 and $1,961. Deeper pullbacks would expose the broader support band defined by the long-term EMAs between $2,021 and $2,156. Below that are the previous swing bases at $1,809, $1,701 and $1,507.
#ETH320 #eth #mr320 #Trendingissue #WriteToEarn2026
đšEthereum Price Forecast: ETH retests $2,431 supportđš
Ethereum recorded $97.3 million in liquidations over the past 24 hours, led by $75.8 million in long liquidations, according to Coinglass data.
On the daily chart, ETH is holding a bullish near-term bias as it extends above its key Exponential Moving Averages (EMAs). The 20-day EMA at $2,261, along with the 50-, 100- and 200-day EMAs clustered between roughly $2,073 and $2,156, sits below price and suggests a well-supported uptrend.
Momentum is strong, with the 14-day Relative Strength Index (RSI) hovering just under the overbought threshold at 69 and the Stochastic Oscillator (Stoch) elevated at 81, indicating bullish pressure persists as the rally becomes stretched in the short term.
On the downside, immediate support is seen near the recent horizontal pivot at $2,431, which has held prices over the past week, followed by the 20-day EMA and prior structural floors at $2,172 and $1,961. Deeper pullbacks would expose the broader support band defined by the long-term EMAs between $2,021 and $2,156. Below that are the previous swing bases at $1,809, $1,701 and $1,507.
#ETH320 #eth #mr320 #Trendingissue #WriteToEarn2026
