$ETH
🚨 Ethereum bulls head toward recent highs 🚨
Ethereum price trades at $2,688 on Friday, retaining a bullish near-term bias as it holds well above the key EMAs. The 50-day EMA around $2,393, along with the 100-day and 200-day EMAs clustered around $2,240, suggests a firmly supported underlying trend, while the horizontal level at $2,500.00 has become nearby demand.
Momentum reinforces this constructive tone, with the RSI hovering in the 60s and the MACD staying in positive territory with a modestly positive line, hinting at sustained upside pressure even as the latest advance consolidates.
On the topside, the next notable resistance is the psychological $3,000 barrier, which buyers would need to clear for a fresh leg higher.
On the downside, initial support is seen at $2,500, followed by dynamic backing from the 50-day EMA at $2,393, with the 100-day and 200-day EMAs at $2,239 and $2,246 providing a broader structural floor. Deeper pullbacks would expose the prior horizontal levels at $2,000 and $1,385, though for now the technical configuration suggests dips are likely to find buying interest above the EMA cluster.
#ETH320 #Trendingcoin320 #mr320 #Trendingissue #WriteToEarn2026
🚨 Ethereum bulls head toward recent highs 🚨
Ethereum price trades at $2,688 on Friday, retaining a bullish near-term bias as it holds well above the key EMAs. The 50-day EMA around $2,393, along with the 100-day and 200-day EMAs clustered around $2,240, suggests a firmly supported underlying trend, while the horizontal level at $2,500.00 has become nearby demand.
Momentum reinforces this constructive tone, with the RSI hovering in the 60s and the MACD staying in positive territory with a modestly positive line, hinting at sustained upside pressure even as the latest advance consolidates.
On the topside, the next notable resistance is the psychological $3,000 barrier, which buyers would need to clear for a fresh leg higher.
On the downside, initial support is seen at $2,500, followed by dynamic backing from the 50-day EMA at $2,393, with the 100-day and 200-day EMAs at $2,239 and $2,246 providing a broader structural floor. Deeper pullbacks would expose the prior horizontal levels at $2,000 and $1,385, though for now the technical configuration suggests dips are likely to find buying interest above the EMA cluster.
#ETH320 #Trendingcoin320 #mr320 #Trendingissue #WriteToEarn2026
