Ethereum resistance Archives - Coin Engineer

Ethereum Breaks Critical Resistance: Is the $4,083 Target Coming?

Yeliz Akmaca — Mon, 28 Jul 2025 09:00:43 +0000

On the Ethereum side, as I previously highlighted in my analyses, the resistance zone between $3,805 and $3,747 has been broken, after which the price made a rapid jump to around $3,900. This move indicates that buyers are gaining strength and the market is sending positive signals.

However, a highly volatile week lies ahead. Therefore, making small profit realizations around these levels might be wise. The market is open to sharp movements both upwards and downwards in the short term. Additionally, the possibility of the price retesting this broken resistance from below—a “re-test”—is still on the table. Such a move could also create a new buying opportunity.

The Federal Reserve’s (Fed) interest rate decision, to be announced on Wednesday, will be decisive for the market. If, contrary to expectations, a rate cut occurs, I expect Ethereum’s price to rise up to $4,083. Staying above this level could provide a strong upward momentum in the short and medium term.

Moreover, according to CoinMarketCap data, Ethereum’s 24-hour trading volume stands at approximately $39.25 billion. This increase shows growing investor interest and stronger market liquidity. Especially the growth of BlackRock’s Ethereum ETF to $10 billion and SharpLink Gaming’s purchase of 77,210 ETH are developments that boost institutional investors’ interest in Ethereum.

Of course, due to the high volatility during this process, it is important to act cautiously. However, the overall outlook suggests new buying opportunities are on the horizon for Ethereum. At the time of writing, Ethereum is trading around $3,895.

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The Giant Is Winding Up: A Breakout Looms for Ethereum

Yigit Taha OZTURK — Fri, 20 Jun 2025 11:00:26 +0000

In times when the crypto market seems relatively quiet, some assets are quietly gearing up for their next major move. One such example is Ethereum, currently trading within a well-defined triangle pattern that has caught the attention of technical analysts.

These consolidation patterns often precede sharp breakouts, especially when price action nears critical support or resistance levels. Right now, Ethereum appears to be on the brink of such a breakout.

Key Resistance Under Pressure

The upper boundary of the triangle—marked around $2,550—is being tested. If we see a solid 4-hour candle close above this level with supporting volume, a move toward the $2,650 mark could follow swiftly. This would signal renewed momentum for the bulls.

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However, volume confirmation is essential. Without it, there’s a risk of a false breakout, potentially trapping over-leveraged traders.

Downside Risk Still Lingers

Conversely, if Ethereum breaks down from the lower end of the triangle, the price could swiftly retreat to the $2,350 level. Short-term traders should closely monitor their stop-loss placements to manage risk accordingly.

While the direction isn’t confirmed yet, the breakout is likely near. Traders would be wise to watch support and resistance levels closely.

ETH/USDT pair 4-hour chart.

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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.

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Critical Levels for Ethereum! Will ETH Continue to Decline?

Yigit Taha OZTURK — Tue, 04 Feb 2025 13:30:03 +0000

The crypto market has experienced sharp declines, led by Bitcoin (BTC). However, one of the most affected assets in this downturn was Ethereum (ETH). Experts have shared critical insights about ETH’s future, warning investors of possible further drops.

Can ETH Price Drop Even Further?

Andrew Kang, co-founder of Mechanism Capital, predicts that ETH could decline to the $2,200 – $2,400 range. According to Kang, the $2,900 – $3,000 range will act as a short-term resistance level for Ethereum.

The ongoing U.S.-China trade tensions have led to high volatility in ETH and other cryptocurrencies. Donald Trump’s recent tariff policies against China have fueled market concerns, triggering massive sell-offs.

Are Whales Selling Ethereum?

With ETH’s recent decline, on-chain data suggests that large investors are reducing their ETH holdings. Joao Wedson, CEO of Alphractal, reported that wallets holding 100,000 ETH or more have been selling off significantly. Even wallets containing over 1 million ETH have also started liquidating their holdings.

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Meanwhile, Solana (SOL) continues to rise as Ethereum’s biggest competitor. With the success of platforms like Pump.fun, Solana has become a strong alternative in the DeFi and NFT ecosystems.

Critical Levels in ETH/BTC Pair

Ethereum’s performance against Bitcoin (BTC) is also causing concern among investors. Since the Merge, the ETH/BTC pair has lost around 70% of its value. Technical analysis suggests that ETH/BTC is currently testing the 0.024-0.023 BTC support level.

According to experts, if ETH fails to hold this level, it could drop to 0.020 BTC. However, a potential rebound toward the 50-week EMA level remains possible.

To regain market dominance, Ethereum must see increased blockchain activity and wider adoption.

Ethereum’s short-term trajectory remains uncertain. Whale movements, macro-economic developments, and Bitcoin’s price action will continue to play a crucial role in ETH’s future. Investors should remain cautious about a potential drop toward $2,400!

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