The post Ethereum Price In Accumulation Mode—Key Support Holding Firm appeared on BitcoinEthereumNews.com.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price started a recovery wave above the $2,020 zone. ETH is now consolidating and facing hurdles near the $2,080 resistance. Ethereum started a recovery wave above the $2,020 level. The price is trading above $2,025 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,075 and $2,100 resistance levels to start a decent increase. Ethereum Price Consolidates Below Resistance Ethereum price formed a base above the $1,880 level and started a recovery wave, like Bitcoin. ETH was able to clear the $1,950 and $1,980 resistance levels. The bulls pushed the price above the $2,000 level. Finally, the price tested the $2,100 zone. A high was formed at $2,104 and the price started a downside correction. There was a move below the $2,050 level. The price dipped below the 23.6% Fib retracement level of the upward wave from the $1,981 swing low to the $2,104 high. Ethereum price is now trading above $2,010 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2,010 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,075 level. The next key resistance is near the $2,100 level. The first major resistance is near the $2,150 level. A clear move above the…

---

Filed under: News - @ March 26, 2025 4:23 am