Will Ethereum's price break through $2,700? Key support levels determine future trends!
Ethereum's price is consolidating around $2,500, with market focus on whether it can break through the critical resistance at $2,700. Once broken, ETH is expected to experience a strong rebound.
Breaking $2,700 may lead to a significant increase
Currently, Ethereum's price is above the $2,500 support level, but faces resistance in the $2,680 area. If ETH breaks through $2,700, bullish momentum may emerge, pushing the price further up. After breaking $2,735, ETH could quickly rise to $2,800, even challenging the psychological barrier of $3,000.
Risks still exist: If it fails to break $2,700, it may test $2,500
However, if ETH fails to break through $2,700, it may decline again, with initial support at $2,550. If it breaks below this level, the price may test $2,520, or even lower at the $2,440 support range.
The market is currently in a range consolidation, with the key focus in the coming days on the breakthrough of $2,700. A breakthrough will lead to a significant rebound in price, while failure to break may continue the consolidation or downward movement.