Ethereum News: ETH Faces Resistance at $2300 with Eyes on $3,189

The Ethereum (ETH) market is currently experiencing some key developments as it navigates through significant resistance and support levels. Here’s a closer look at what’s happening in the world of ETH.

ETH Price Faces Resistance at $2300

The ETH price has regained stability after surpassing its realized price value of $2,040. Currently trading at $2,081.55, the price faces significant obstacles at the critical resistance level of $2,300. A breakthrough beyond this level could lead to a price increase towards $3,189, but it would be constrained by historical resistance. The strongest support level occurs at $1,412. Investors are closely monitoring the Ethereum market as it passes through these key levels.

Top 10 Ethereum Blockchain APIs

Since the “Dencun” upgrade on March 13, 2024, which introduced “Proto-Danksharding” (EIP-4844), Ethereum trading has stayed active, with total trading volumes exceeding $2 billion. This has led to a growing demand for robust data tools to handle the high demand on Ethereum and its layer-2 networks. One such solution is Bitquery API, which offers the most extensive blockchain data platform for Ethereum developers, providing full Ethereum data access through a single GraphQL API.

$120M Liquidated in an Hour: Ethereum Takes a Hit

On March 28, 2025, the crypto market faced a sharp shake-up with $120 million in liquidations occurring within an hour. Ethereum took a major hit, plunging in value, sparking concern among traders. The sudden drop triggered various reactions across the crypto community, with some viewing it as a buying opportunity while others prepared for further volatility. This event underscores the unpredictable nature of the market and the risks associated with high leverage trading.

Ethereum Price Prediction: ETH To Finally Break Its ATHs This Year?

The crypto market is bracing for a major breakout, and Ethereum (ETH) could be at the center of it given a recent bullish Ethereum price prediction. Many analysts believe Ethereum is set to break its former high this year, which should spark confidence across the entire altcoin market. Meanwhile, Rollblock (RBLK) has emerged as one of the most promising GameFi projects, with experts predicting a potential rally.