Pectra upgrade has pushed $ETH into a powerful rally, with nearly a 50% gain—marking one of the strongest moves in recent months. ETH has now broken a long-standing resistance that held it back for quite a while. The big question now is: what comes next? Let’s break it down both technically and generally.
There’s no doubt that the Pectra upgrade saved #ETH from a deep correction. You can clearly see on the monthly chart (highlighted with a red circle) that this breakout came just in time. If it hadn’t, ETH was already on the verge of falling hard. Looking at the current monthly candle, ETH is now facing one of the strongest resistance zones. If this level breaks, the rally could extend all the way to $3,015 and potentially even reach the $3,300 zone. However, this resistance isn’t easy to break.
Now, if we look at the RSI (Relative Strength Index), there’s room to move up to around 54 before we expect any major correction. ETH currently sits at a price of $2,476 with an RSI of 49.72. If RSI reaches 61, that could push the price up to roughly $2,925–$2,960, based on recent movement patterns.
From a weekly perspective, resistance zones haven’t changed much. The main support is between $2,150 and $2,170. If ETH breaks below that, it could fall further to $1,800, and if that doesn’t hold, it could dip all the way to $1,660. The weekly chart began a strong upward trend last week, which usually signals a longer uptrend—unless major negative news hits the market. If the overall market remains strong, ETH will likely stay above $2,100 for at least 2–3 more weeks. Watch out for fake breakouts, marked by red circles on the weekly chart—they’ve happened before and could happen again. In short, as long as the monthly resistance holds, the weekly chart will follow its lead. Any breakout on the monthly will drag the weekly higher as well.
One minor hurdle appears around the $2,288 zone. If this area holds as support, any dip will likely be temporary. If it doesn’t, then we may see a short-term drop back to the stronger support between $2,150–$2,170. Beyond that, there’s also some development around the $2,775–$2,830 zone, which now acts as a resistance. On the weekly chart, if ETH struggles around that level, expect a retest of support. That same level was previously strong resistance and now acts as a major support zone. Not only that—it could also trigger a trend reversal if ETH bounces there. Statistically, the chance of reversal from that zone is around 70%.
On the daily timeframe, the weekly/monthly resistance level was so strong that ETH began pulling back. The current daily support lies at $2,236. If it holds, no issue—ETH may recover quickly. If it breaks, though, we’re likely heading back to the monthly or weekly support levels.
To help visually, red arrows on the charts show downward pressure, and green arrows show upward trends. These help map out potential direction based on current momentum.
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