The post Will ETH Hold Above $2,400 or Slide Lower? appeared on BitcoinEthereumNews.com.

What Happened to Ethereum Price? Ethereum ($ETH) recently attempted a breakout past the $2,535 resistance zone, but failed to sustain above it. After printing a strong upward move, ETH faced selling pressure and began to retrace, now hovering around $2,491 at press time. The yellow resistance zone near $2,535 has proven difficult to conquer, and the RSI is trending down after reaching the overbought territory. ETH/USD 4-hours chart – TradingView The orange arrow on the chart highlights where the rejection began, while previous green arrows show multiple rebounds off the $2,400 support, emphasizing how critical that level is. Ethereum Price Analysis: Will ETH Price Sustain for the Next Week? ETH’s current 4H chart shows a clear structure between $2,400 support and $2,535 resistance. Each time ETH has dipped to the $2,400 level, buyers have stepped in aggressively — making it a strong support floor. However, failure to break through the $2,535 level despite multiple attempts raises concerns. ETH/USD 4-hours chart – TradingView The RSI indicator is dropping below the midline (45.90), hinting at weakening momentum. If the $2,400 level fails, the next support sits near $2,200. But if bulls defend $2,400 once more and reclaim $2,535, a push toward $2,732 could be back in play. Ethereum Price Prediction: Should You Buy ETH? If ETH holds above $2,400 in the coming days, the structure favors bullish continuation — with upside targets of $2,600 and $2,732. However, if it breaks down, short-term bears may take control, pushing ETH toward $2,200 or even lower. Buyers looking for a medium-term entry may consider watching the $2,400 zone closely for bounce signals. Caution is warranted unless ETH flips $2,535 into support convincingly. How to Buy Ethereum on OKX Want to grab ETH before the next breakout? You can buy $Ethereum easily and securely on OKX.…

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Filed under: News - @ July 4, 2025 4:26 pm