$ETH 🚨🚨Ethereum bulls in control
Ethereum price trades at $2,663 on Monday, maintaining a bullish near-term bias as price holds well above the 50-day, 100-day and 200-day EMAs, clustered between roughly $2,200 and $2,335. This stacked EMA structure suggests a firmly supported uptrend. At the same time, the RSI near 67 keeps the market just shy of overbought territory, and the MACD has turned positive, suggesting upside momentum remains intact but is maturing.
On the downside, initial support appears at the recent horizontal level around $2,500, with the 50-day EMA at about $2,335 and the 100-day and 200-day EMAs near $2,198–$2,226 offering a deeper demand zone ahead of the psychological $2,000 handle.
On the topside, the next notable resistance is the horizontal barrier at $3,000, and a daily close above this cap would open the way for further gains. At the same time, failure to clear it could encourage consolidation or a corrective pullback toward the EMA cluster.
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