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🔥 Ethereum Builds Momentum — Will It Fuel a Fresh Upside Mo

CryptoPotato

Updated at: 6 hours ago

{"content":"🔥 Ethereum Builds Momentum — Will It Fuel a Fresh Upside Move? Ethereum sold down again and touched $2,450. ETH is reversing losses and may break $2,620 barrier. Ethereum fell below $2,750 again. The 100-hourly Simple Moving Average and $2,575 are nearby. ETH/USD broke above a contracting triangle with resistance at $2,550 on the hourly chart. If it breaks $2,620, the pair may rise again. Eth Price Recovers Like Bitcoin, Ethereum fell below $2,750 and $2,620. Even below $2,500, ETH tested $2,440. The price began recovering from a $2,441 low. Prices rose beyond $2,500 and $2,520. The price broke the 23.6% Fib retracement level of the $2,880 swing high to $2,441 low decline. Additionally, ETH/USD broke above a contracting triangle with resistance around $2,550 on the hourly chart. Ethereum is at $2,575 and the 100-hour SMA. Price may find resistance at $2,585 on the upside. Around $2,620 is the next major resistance. Near $2,660 is the first substantial resistance. It is around the 50% Fib retracement of the $2,880 swing high to $2,441 low decline. A clean break over $2,660 might push the price above $2,720. Above $2,720 barrier might lead to greater advances in the following sessions. Ether may soar to $2,800 or $2,880 soon. Another ETH drop? Ethereum may fall again if it fails to break $2,620. Around $2,540 is first downside support. The first substantial donation is about $2,500. A decisive break below $2,500 might bring the price near $2,440. If losses continue, the price may reach $2,420 support. The next support is $2,350. Tech Indicators Hourly ETH/USD MACD is rising in the positive zone. Hourly ETH/USD RSI is over 50. Major Support—$2,500 Major Resistance: $2,620 #ETH #SaylorBTCPurchase #TrumpBTCTreasury $ETH $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/16/c9a6bf1090c94271abbfd088a6f1bbdd.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

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