Ethereum support Archives - Coin Engineer

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.

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

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.

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

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

Ethereum Nears Critical Level: Deeper Correction Ahead?

Yigit Taha OZTURK — Mon, 19 May 2025 15:30:43 +0000

Weeks that start quietly in the crypto market often resemble the calm before the storm. While investors hold their breath, technical signals on charts begin to hint at what might come next. This time, all eyes are on Ethereum.

Rejection From FVG Zone Raises Concerns

Recently, ETH faced a clear rejection from a downward Fair Value Gap (FVG) zone — a key technical level that has historically influenced price direction. Now, the coin is trying to hold above the 2,394$ – 2,265$ support band. A decisive break below this zone could trigger a stronger wave of selling.

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

Analysts warn that if this support is lost, ETH may drop to around 2,100$.

ETH/USDT pair 4-hour chart.

Altcoin Long Traders Should Be Cautious

This setup doesn’t just affect Ethereum but casts a shadow over the broader altcoin market as well. Traders opening leveraged long positions should proceed with caution. Sudden wicks and liquidity hunts could result in unexpected losses.

Monitoring not just technical indicators but also market sentiment and volume trends will be key in navigating this phase. Investors are advised to apply strict stop-loss strategies to manage risk effectively in the short term.

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 Nears Critical Level: Deeper Correction Ahead? 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.

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

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.

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

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.

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

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!

The post Critical Levels for Ethereum! Will ETH Continue to Decline? appeared first on Coin Engineer.