๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐๐ผ๐น๐ฑ๐ $2,620 โ ๐๐๐น๐น๐ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐ $2,680 ๐ก๐ฒ๐ ๐
โ ETH flips green again, reclaiming the $2,620 zone
โ Bulls still protect trend line support at $2,550
โ Price action now aims for $2,650โ$2,680 if momentum holds
๐ What Happened?
Ethereum found new buying strength above $2,550, overtaking Bitcoin in daily gains. ETH hit a fresh local high at $2,627 before pulling back slightly to the current $2,629.46.
Price is firmly above the 100-hour SMA, showing trend strength.
The hourly chart keeps a bullish trend line alive from recent swing lows near $2,550.
This structure is giving bulls confidence to hold the line for now.
๐๏ธ Key Levels To Watch
Resistance Zones:
๐ฉ $2,620 โ Active resistance where sellers are reacting
๐ฉ $2,650 โ Next hurdle on a break
๐ฉ $2,680 โ First big test for a stronger push
๐ฉ If ETH cracks $2,680 cleanly โ next stretch targets are $2,780 and $2,880.
Support Levels:
๐ก๏ธ $2,570 โ Minor dip support
๐ก๏ธ $2,550 โ Key trend line zone
๐ก๏ธ $2,520 โ Make-or-break for the short-term uptrend
๐ก๏ธ Below $2,520 โ bears might drag price down to $2,450 or even $2,350.
๐ Indicators At A Glance
MACD (1H): Starting to flatten โ bulls need new volume soon
RSI (1H): Still above 50, keeps bullish hopes alive
Price above 100-hour SMA โ uptrend intact for now
๐งญ What Should Traders Do?
โ If youโre bullish: Watch for a clear close above $2,620โ$2,650 with strong volume. That could unlock a rally toward $2,680โ$2,780.
โ If youโre waiting: Pullbacks into $2,570โ$2,550 may offer better risk-reward re-entries if the trend line holds.
โ If ETH loses $2,520: Bears could push the price down fast โ next supports are $2,450โ$2,350, so tighten stops.
Bottom Line: Ethereum is showing fresh strength, but needs to break $2,650โ$2,680 to confirm more upside. For now, $2,550 is the line bulls must protect to keep the momentum alive.