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		<title>Ethereum Bounces From Support: Is $2,880 the Next Target?</title>
		<link>https://coinengineer.net/blog/ethereum-bounces-from-support-is-2880-the-next-target/</link>
					<comments>https://coinengineer.net/blog/ethereum-bounces-from-support-is-2880-the-next-target/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Wed, 09 Jul 2025 08:30:15 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[$2]]></category>
		<category><![CDATA[4-hour chart]]></category>
		<category><![CDATA[880 target]]></category>
		<category><![CDATA[Bullish Momentum]]></category>
		<category><![CDATA[Crypto Analysis]]></category>
		<category><![CDATA[crypto outlook]]></category>
		<category><![CDATA[crypto trading]]></category>
		<category><![CDATA[eth]]></category>
		<category><![CDATA[ETH market view]]></category>
		<category><![CDATA[ETH price levels]]></category>
		<category><![CDATA[ethereum]]></category>
		<category><![CDATA[market watch]]></category>
		<category><![CDATA[price action]]></category>
		<category><![CDATA[price reaction]]></category>
		<category><![CDATA[price structure]]></category>
		<category><![CDATA[resistance level]]></category>
		<category><![CDATA[resistance zone]]></category>
		<category><![CDATA[short term target]]></category>
		<category><![CDATA[support zone]]></category>
		<category><![CDATA[technical breakout]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=45761</guid>

					<description><![CDATA[<p>In crypto markets, technical levels can often trigger sharp reversals—and this week, Ethereum provided a textbook example. On the 4-hour chart, the 2,493 – 2,459 USD support zone held perfectly, producing a strong bounce just as expected. Following the reaction from that level, price climbed up to the 2,697 – 2,633 USD resistance zone, reaching</p>
<p>The post <a href="https://coinengineer.net/blog/ethereum-bounces-from-support-is-2880-the-next-target/">Ethereum Bounces From Support: Is $2,880 the Next Target?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="2174" data-end="2420">In crypto markets, technical levels can often trigger sharp reversals—and this week, <strong data-start="2259" data-end="2271">Ethereum</strong> provided a textbook example. On the 4-hour chart, the 2,493 – 2,459 USD support zone held perfectly, producing a strong bounce just as expected.</p>
<p data-start="2422" data-end="2669">Following the reaction from that level, price climbed up to the 2,697 – 2,633 USD resistance zone, reaching the short-term target outlined in our previous outlook. From a technical standpoint, that initial move has now played out successfully.</p>
<hr />
<p data-start="2671" data-end="2714"><em>You Might Be Interested In: <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://coinengineer.net/blog/sonic-svm-research-can-new-stablecoins-shake-up-the-old-order/">Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?</a></span></em></p>
<hr />
<h2 data-start="2671" data-end="2714">A Breakout Could Signal the Next Move</h2>
<p data-start="2715" data-end="2923">Attention now shifts to whether this resistance zone can be broken with a confirmed close on the 4-hour chart. If such a breakout occurs, the next upside target for <strong data-start="2884" data-end="2896">Ethereum</strong> could be around 2,880 USD.</p>
<p data-start="2925" data-end="3166">For the moment, the market appears to be pausing, with traders watching closely. To validate further upside, price must break through this area decisively and with strong volume. Otherwise, we may see minor pullbacks before any continuation.</p>
<p data-start="3168" data-end="3240">We remain on watch for now, as the technical setup continues to develop.</p>
<figure id="attachment_161225" aria-describedby="caption-attachment-161225" style="width: 1813px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class="wp-image-161225 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/07/Ethereum-ETH-2.png" alt="Ethereum, ETH" width="1813" height="866" /><figcaption id="caption-attachment-161225" class="wp-caption-text"><em>ETH/USDT pair 4-hour chart.</em></figcaption></figure>
<hr />
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<p>The post <a href="https://coinengineer.net/blog/ethereum-bounces-from-support-is-2880-the-next-target/">Ethereum Bounces From Support: Is $2,880 the Next Target?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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