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Ethereum Price Tinkers Around $2,550 As Market Drops, Is $3,

fulldeg

Updated at: 5 hours ago

{"content":"Ethereum Price Tinkers Around $2,550 As Market Drops, Is $3,000 Still On The Cards Or Are Bigger ... Ethereum Price prediction is drawing fresh attention as ETH trades around $2,550, reflecting a cautious market mood after a brief rally. The asset dipped to as low as $2,499 last month amid broader market weakness before rebounding above key resistance. Over the past 24 hours, Ethereum has rejected its $2,550 resistance zone, hinting at potential deeper losses toward $2,220 if bulls fail to regain control. Meanwhile, a new token is defying the odds and is set to challenge more established tokens within the next few months. Ethereum Price prediction: Road to $3,000 or Slip to $2,200? Currently, ETH trades around $2,554.13 after a sharp rally of 3% over the past week, breaking past the two-week high of $2,535. This move flipped the 76.4% Fibonacci retracement level of the prior drop from $2,523 to $2,372, signaling a potential shift in momentum. However, the asset faces strong resistance near $2,665 and $2,720, where past highs have capped further advances. A sustained break above $2,735 could pave the way to $3,000, a target many bulls eye based on past breakout patterns . Conversely, failure to hold above $2,550 risks a new leg down toward $2,310 and even $2,220, where key support levels lie. Experts like Wizz Trades on X (formerly Twitter) have said that “even the worst case scenario is bullish” for ETH.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/05/b37bf76439c84d30a214cccb51be08ab.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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