Ethereum Primed for Breakout — Bullish Surge Could Ignite Any Moment

Ethereum's price action is flashing green—and traders are betting the real rally hasn’t even started yet.

### The Setup: ETH Holds Strong While Traders Wait for Liftoff

No major resistance breaks yet, but the charts whisper momentum. Every dip gets bought faster than a Wall Street insider’s stock tip.

### The Catalyst: Liquidity Pools Scream ‘Buy’

Order books show thinning sell-side liquidity. When the dam breaks, it won’t be pretty for shorts. Cue the ‘I told you so’ from crypto Twitter.

### The Bottom Line: This Isn’t 2021’s Greed Cycle (Yet)

Smart money’s stacking ETH while retail still obsesses over meme coins. The pop’s coming—whether your bank’s ‘crypto strategist’ believes it or not.

Ethereum Price Eyes More Gains

Ethereum price started a fresh increase above the $2,250 support level, like Bitcoin. ETH price was able to clear the $2,320 and $2,350 resistance levels to move into a positive zone.

The bulls even pushed the price above the 61.8% Fib retracement level of the downward move from the $2,568 swing high to the $2,115 low. The price is now facing hurdles near the $2,500 zone. ethereum price is now trading above $2,450 and the 100-hourly Simple Moving Average.

The price is now stuck NEAR the 76.4% Fib retracement level of the downward move from the $2,568 swing high to the $2,115 low. On the upside, the price could face resistance near the $2,480 level. The next key resistance is near the $2,500 level.

The first major resistance is near the $2,550 level. A clear move above the $2,550 resistance might send the price toward the $2,600 resistance. An upside break above the $2,600 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,800 in the near term.

Another Drop In ETH?

If ethereum fails to clear the $2,550 resistance, it could start a fresh decline. Initial support on the downside is near the $2,440 level and the trend line. The first major support sits near the $2,390 zone.

A clear move below the $2,390 support might push the price toward the $2,310 support. Any more losses might send the price toward the $2,220 support level in the near term. The next key support sits at $2,150.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bullish zone.

Hourly RSIThe RSI for ETH/USD is now above the 50 zone.

Major Support Level – $2,310

Major Resistance Level – $2,550