Ethereum (ETH) Technical Overview – July 19, 2025

Ethereum is currently trading around $3,551, showing signs of consolidation after its recent bullish rally.

🔹 Trend: ETH maintains a bullish structure on the daily chart, forming higher highs and higher lows. The price is holding above key moving averages, signaling continued upward momentum.

🔹 Candlestick Analysis: Recent candles show buying pressure around the $3,500 support zone, with long lower wicks suggesting strong dip-buying activity.

🔹 Fibonacci Levels (drawn from June low to July high):

0.382 level sits near $3,390

0.5 level near $3,280

0.618 level near $3,170

These levels may act as support in case of short-term retracements.

🔹 Resistance to Watch:

$3,650: Local resistance

$3,800: Break above this level could push ETH toward $4,000 psychological resistance.

🔹 Support Levels:

$3,500 (short-term)

$3,280–$3,170 (stronger Fibonacci support)

🧠 My Personal View: ETH is preparing for a potential breakout above $3,650. As long as it stays above $3,500, bulls are in control. However, a dip to the $3,280 zone could offer a healthy reset and buying opportunity.

#ETH🔥🔥🔥🔥🔥🔥