ETH trend Archives - Coin Engineer

Ethereum Holding Support: Can The Rally Continue?

Yigit Taha OZTURK — Mon, 30 Jun 2025 15:00:26 +0000

The recent price action of Ethereum is unfolding as anticipated, offering traders both validation and opportunity. With each technical level playing its role, the question now is whether ETH can sustain its momentum—or face a correction.

Resistance Broken, Trend Line Tested

After successfully reclaiming the 2,450 – 2,405 USD resistance area, ETH first met a descending trendline. From there, the price gained momentum and pushed towards the 2,550 USD level. This move confirmed the bullish setup, giving traders confidence in the previous analysis.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Support Zone Holding, But Pressure Builds

Currently, the price remains in the support region. However, if this area fails to hold, a pullback toward 2,300 USD could occur. Such a decline would raise red flags for short-term traders looking for stability.

The 2,550 USD level now acts as the immediate resistance. A strong breakout above this zone could signal a continuation of the upward trend, positioning Ethereum for further gains.

ETH/USDT pair 4-hour 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.

The post Ethereum Holding Support: Can The Rally Continue? appeared first on Coin Engineer.

Ethereum At A Crossroads: Rebound Or Further Fall Ahead?

Yigit Taha OZTURK — Tue, 24 Jun 2025 16:00:07 +0000

As volatility continues to dominate the crypto markets, all eyes are once again on Ethereum. After a sharp correction, investors are watching closely to see if ETH can reclaim key resistance levels — or face renewed downside pressure.

ETH Tests Resistance After Sharp Pullback

In our previous analyses, we warned that if Ethereum failed to hold above the $2,550 resistance, a descending triangle pattern could lead to a significant correction. That projection came true, and ETH dropped as low as $2,100.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Currently, the price is hovering between the $2,450 – $2,405 resistance zone. A clear breakout above this area could open the door to a move back toward the $2,550 mark.

Key Support Lies At $2,200

However, failure to break the current resistance might bring fresh selling pressure. In this scenario, the first major support for Ethereum stands around $2,200. A high-volume breakdown below this level could signal a continuation of the downtrend.

ETH/USDT pair 4-hour chart.

The post Ethereum At A Crossroads: Rebound Or Further Fall Ahead? appeared first on Coin Engineer.

At the Edge: Will Ethereum Break Below $2,550?

Yigit Taha OZTURK — Tue, 17 Jun 2025 16:30:03 +0000

In the world of cryptocurrencies, calm often precedes a storm. Ethereum, the leading altcoin, is once again testing a highly critical level. The market watches closely as the price hovers around a familiar danger zone.

Previously, we highlighted the importance of the $2,550 level—and now, ETH seems ready to challenge it once more.

Critical Moment at Key Support

On the 4-hour chart, ETH is pressing against the $2,550 threshold. A clear close below this line could trigger a broader market pullback. If this support fails, the next target stands at $2,350, which could spell trouble for altcoins across the board.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Volatility is high, and caution is advised. A support breakdown could set off a bearish domino effect.

ETH/USDT pair 4-hour chart.

Recovery or Just a Pause?

Despite a healthy bounce from the upward trend line, the danger hasn’t fully passed. Temporary recoveries can be deceptive. Analysts suggest waiting for clearer confirmation before making significant trading decisions.

Especially for those involved in leveraged trading, it’s crucial to manage risk carefully. Sharp drops might offer buying opportunities—but they can also trap hasty traders in losing positions.

The post At the Edge: Will Ethereum Break Below $2,550? appeared first on Coin Engineer.

Ethereum Surged Strongly! Will It Continue?

Yigit Taha OZTURK — Fri, 21 Feb 2025 14:00:31 +0000

In the cryptocurrency market, Ethereum (ETH) has shown a strong upward movement, reaching the $2830 level. Despite experiencing pullbacks below the rising trend, ETH regained momentum and continued its upward movement. This surge indicates that ETH may test key resistance levels in the short term.

Closing Above $2796 is Important!

In our previous analyses, we had mentioned that a closing above the $2796 level was critical. Ethereum surpassed this level, maintaining its uptrend and continuing its upward movement. This level increased buyers’ confidence in the market, allowing the price to test higher levels.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The next key level for Ethereum is the bearish Fair Value Gap (FVG). If the price breaks through this level, the bullish momentum could strengthen further. However, it is also important to watch out for potential selling pressure from this resistance area.

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 Surged Strongly! Will It Continue? appeared first on Coin Engineer.