ETH forecast Archives - Coin Engineer

Ethereum Tests Key Resistance: Breakout or Pullback Ahead?

Yigit Taha OZTURK — Fri, 11 Jul 2025 13:30:39 +0000

As markets display mixed signals, traders are turning their attention back to Ethereum. Amid uncertain price swings, technical indicators on the daily chart suggest a decisive moment may be near. It’s no longer just about the direction—timing is everything.

Currently, Ethereum remains within a downward Fair Value Gap (FVG) zone on the daily chart, struggling to break out decisively. This zone has now become a critical area of resistance and could shape the asset’s next move.

Resistance Zone Holds the Key

Price is consolidating between the 3,219 – 3,030 dollar range, marking the refined FVG resistance. If this level breaks upward, the next target sits at the 3,534 dollar liquidity area. Should selling pressure remain weak at that point, the rally could extend further toward the next major target at 4,083 dollars.

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Traders are advised to take caution. As price approaches key levels, gradual profit-taking and risk reduction strategies become increasingly important to avoid sudden volatility.

Support Must Hold

In the event of a downturn, the immediate support lies between 2,801 and 2,618 dollars. Losing this range could trigger a deeper correction, potentially dragging price down to the 2,400 dollar zone. Maintaining this support area is crucial to preserve bullish potential.

ETH/USDT pair daily chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Silent Pressure on Ethereum What Lies Below The Support Zone?

Yigit Taha OZTURK — Sat, 05 Jul 2025 14:30:03 +0000

Not every major move in crypto is loud and sudden. Sometimes, a slow and quiet pullback is all it takes to signal a bigger shift ahead. That’s exactly what we’re witnessing now with Ethereum.

On the 4-hour chart, the price was rejected from the resistance area between $2,697 and $2,633. Following this rejection, ETH pulled back to the imbalance zone between $2,493 and $2,459. While a minor bounce occurred from this range, the overall move remains weak and indecisive.

Losing Support Could Open The Door To $2,373

At present, the key level to watch is the $2,459 support. If this zone is breached, the likelihood of a drop toward $2,373 increases significantly. In low-volume environments, such as during weekends, sharp movements become more likely, especially if triggered by unexpected sell orders.

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On the flip side, if Ethereum can manage a close above $2,550, bulls may find the strength to target the upper resistance band again, specifically the $2,633 – $2,697 range.

ETH/USDT pair 4-hour chart.

Indecision Dominates The Market

So far, the bounce from the imbalance zone lacks strong momentum. Both bulls and bears appear cautious, waiting for confirmation. Over the coming sessions, where ETH closes will be crucial in determining short-term direction. During such uncertain phases, using clear stop-loss levels and level-based strategies becomes critical.

Investors should closely monitor $2,459 and $2,550 as the most decisive price levels in the immediate term.

The post Silent Pressure on Ethereum What Lies Below The Support Zone? appeared first on Coin Engineer.

Ethereum Price Stuck at Key Support — Is a Breakout Near?

Yigit Taha OZTURK — Wed, 02 Jul 2025 09:00:36 +0000

The crypto market remains in a tight range, with investors closely watching whether this calm will give way to a sharp move. One of the most closely watched assets right now is Ethereum, which continues to consolidate at a key support zone.

ETH Accumulates Around Support Area

According to our previous analysis, ETH remains in a state of consolidation around a major support level. For now, the support holds, and the price action suggests continued accumulation in this area.

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If this support zone is broken to the downside, we could see Ethereum retrace towards the $2,300 region. Such a move would reflect increased bearish momentum and a likely pullback scenario for the short term.

Upside Resistance Still at $2,550

On the flip side, the first major resistance level remains at $2,550. A confirmed breakout above this price could bring in stronger buying pressure, potentially leading to a more bullish trend for ETH.

Traders should closely monitor both support and resistance zones, as any break could signal the start of a significant price move.

ETH/USDT pair 4-hour chart.

The post Ethereum Price Stuck at Key Support — Is a Breakout Near? appeared first on Coin Engineer.

Ethereum at Support Level: Uptrend or Downtrend?

Yigit Taha OZTURK — Fri, 28 Mar 2025 14:30:10 +0000

Ethereum has lost its minor uptrend on the 4-hour chart, experiencing a significant drop. Currently, it is attempting to hold at the $1,870 support level. However, the market’s overall direction, especially Bitcoin‘s movement, will play a crucial role in determining Ethereum’s next move. The key level to watch is the $1,920 – $1,960 zone. If Ethereum reclaims this area, a bullish reversal could push the price toward the $2,108 resistance level.

On the other hand, if Ethereum fails to hold $1,870, the downtrend could deepen. In this scenario, the next critical support lies at $1,745. A break below this level could trigger further declines, especially if broader market conditions remain bearish. Ethereum’s price action will depend on macroeconomic factors and overall sentiment in the crypto market.

Ethereum’s Key Technical Levels

The most important short-term resistance zone for Ethereum is between $1,920 – $1,960. If the price fails to break above this range, selling pressure could persist. However, a strong breakout with high trading volume could send Ethereum toward the $2,108 resistance level. This would require improved market sentiment and increased buying activity.

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On the downside, $1,870 remains a crucial support level. If it fails, Ethereum could drop toward $1,745. Investors should closely monitor Bitcoin’s price action, as a deeper decline in BTC could accelerate Ethereum’s losses. Liquidity levels and overall market trends will be key indicators for the next move.

ETH/USDT pair 4-hour chart.

Ethereum Searching for Direction: What Should Investors Watch?

Bitcoin’s movements remain a major driver of Ethereum’s short-term price action. If BTC starts recovering, Ethereum could follow. However, macroeconomic uncertainty and global financial conditions may create additional volatility in the crypto market.

Additionally, large investors’ buy or sell orders could significantly influence price direction. If Ethereum fails to hold its key support levels, further selling pressure could emerge. However, if the market sentiment shifts positively, Ethereum could enter a new uptrend and retest higher resistance levels.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Ethereum at Support Level: Uptrend or Downtrend? appeared first on Coin Engineer.