Ethereum Faces Key Resistance: Breakout or Breakdown Ahead?

Yigit Taha OZTURK — Fri, 13 Jun 2025 13:30:23 +0000

As the crypto market continues to search for direction, Ethereum is forming a notable ascending trend on the 4-hour chart. The price remains within this rising structure — but a critical resistance stands in the way.

Trend Holds for Now, But $2,550 Resistance Is Capping Gains

Currently, Ethereum is trading above its ascending trendline. However, the price is facing a strong resistance zone around $2,550.

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If this level is broken with meaningful volume, a short-term push toward $2,650 becomes a likely scenario. This move could bring renewed momentum to the market.

Losing the Trend Could Bring $2,360 Into Play

On the flip side, a breakdown below the trendline or the confirmation of a descending triangle formation could reverse the current outlook. In this case, the $2,360 area would act as the first key support.

In such indecisive market conditions, waiting for price confirmation before entering trades can be a safer strategy for investors.

ETH/USDT pair 4-hour chart.

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The post Ethereum Faces Key Resistance: Breakout or Breakdown Ahead? appeared first on Coin Engineer.

ONDO Breaks Key Resistance: Is a Bullish Move Coming?

Yigit Taha OZTURK — Thu, 15 May 2025 14:00:50 +0000

While the broader crypto market remains sideways, some altcoins are starting to show technical breakouts. Most recently, ONDO broke its descending trendline on the daily chart, catching the attention of traders. Could this breakout signal the start of a sustained uptrend?

Downtrend Broken, Minor Uptrend Forming

After a prolonged period under pressure, ONDO has taken a technically significant step. The descending trendline on the daily chart has been broken to the upside, and a minor ascending channel has begun to form. This breakout, especially with volume support, has piqued investor interest.

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If FVG Zone Holds, Target Could Be 1.11$

According to technical analysis, if ONDO can maintain support within the bullish FVG (Fair Value Gap) zone between 0.96$ – 0.88$, the price could potentially move toward the next resistance level at 1.11$. This range is also a key zone where short-term buying interest tends to increase.

However, caution is still warranted. If the FVG support zone is broken to the downside, the next likely stop for ONDO would be around 0.80$. This would suggest a renewed correction phase. While technical indicators currently show cautious optimism, price movements remain sensitive to support and resistance zones.

ONDO/USDT pair daily chart.

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