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.
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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.

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