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🚀 Ethereum Builds Momentum — Bulls Eye Explosive Upside Bre

fulldeg

Updated at: 7 hours ago

{"content":"🚀 Ethereum Builds Momentum — Bulls Eye Explosive Upside Breakout Above $2,450, Ethereum price rose again. ETH is back over $2,550 and may rise further. Ethereum rose again over $2,550. The price is above $2,575 and the 100-hour SMA. On the hourly ETH/USD chart, a short-term rising channel with support around $2,570 is formed. If supported over $2,520, the pair may rise again. Ethereum Price Expects Growth Like Bitcoin, Ethereum price rose beyond $2,450. ETH price moved over $2,550 barrier and entered a bullish zone. Bulls broke $2,620 barrier. No upside extension occurred. Price made a peak around $2,636 and corrected. The 23.6% Fib retracement level of the $2,373 swing low to $2,636 high was approached. Ethereum is over $2,560 and the 100-hour SMA. On the hourly ETH/USD chart, a short-term rising channel with support around $2,570 is formed. Price may find resistance at $2,625 on the upside. Around $2,640 is the next major resistance. Near $2,650 is the first substantial resistance. A clean break over $2,650 might push the price above $2,720. Above $2,720 barrier might lead to greater advances in the following sessions. Ether might soar to $2,750 or $2,800 in the short future. Another ETH drop? Ethereum may fall again if it fails to break $2,620. The downside has first support at $2,570. First significant support is around $2,520. A decisive break below $2,520 might bring the price below $2,500. If losses continue, the price may reach $2,420 support. The next support is $2,350. Tech Indicators Hourly MACD - ETH/USD MACD is losing bullish momentum. Hourly ETH/USD RSI is over 50. Major Support: $2,520 Major Resistance: $2,620 #Ethereum #ETH #BTCReclaims110K $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/04/fd80d8d384ee43118b665a58d73dae64.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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