Ethereum Shatters $2,550 — Will the Rally Hold or Collapse?

Ethereum just blasted past $2,550—bulls are charging, but can they dodge the classic crypto fakeout?

Price Surge or Bull Trap?

The king of smart contracts is flexing again, but traders know the drill: every pop invites profit-taking. ETH’s latest pump smells like FOMO, and you can almost hear the leverage getting stacked.

Market Mechanics at Play

Liquidity’s thin above $2,600—a textbook reversal zone. Either whales push through or retail gets left holding bags (again). Meanwhile, Bitcoin’s sideways shuffle isn’t helping.

Finance’s Dirty Little Secret

Let’s be real: half the ‘institutional interest’ tweets are just VC funds recycling press releases. But hey—at least the gas fees are (temporarily) reasonable.

What’s Next?

Watch the $2,480 level like a hawk. Hold there, and we’re eyeing $2,800. Break it? Grab the popcorn—it’s liquidation o’clock.

Ethereum Price Regains Traction

Ethereum price started a fresh increase from the $2,375 zone, like Bitcoin. ETH price gained pace for a move above the $2,500 resistance zone and entered a positive zone.

The bulls were able to push the price above the 76.4% Fib retracement level of the downward MOVE from the $2,523 swing high to the $2,372 low. It even cleared the $2,550 resistance zone and spiked above the $2,600 level. A high was formed at $2,614 and the price is now consolidating gains.

Ethereum price is now trading above $2,550 and the 100-hourly Simple Moving Average. Besides, there is a short-term contracting triangle forming with support at $2,560 on the hourly chart of ETH/USD.

On the upside, the price could face resistance NEAR the $2,615 level. It is near the 1.618 Fib extension level of the downward move from the $2,523 swing high to the $2,372 low. The next key resistance is near the $2,650 level. The first major resistance is near the $2,665 level. A clear move above the $2,665 resistance might send the price toward the $2,720 resistance.

An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone or even $2,800 in the near term.

Another Decline In ETH?

If ethereum fails to clear the $2,615 resistance, it could start a fresh decline. Initial support on the downside is near the $2,560 level. The first major support sits near the $2,550 zone.

A clear move below the $2,550 support might push the price toward the $2,520 support. Any more losses might send the price toward the $2,450 support level in the near term. The next key support sits at $2,350.

Technical Indicators

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

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

Major Support Level – $2,550

Major Resistance Level – $2,615