Ethereum Price Surges: Bullish Momentum Signals Major Upside Ahead

Ethereum flips the script—green candles ignite as bulls charge back into the market.

Breakout or fakeout? Why this rally could have legs

The second-largest crypto isn’t just bouncing—it’s rewriting the playbook. After weeks of sideways action, ETH’s price action just turned aggressively bullish. Technicals suggest this isn’t just a dead cat bounce. (Though let’s be honest—in crypto, even dead cats sometimes get a second life thanks to leveraged traders.)

Key levels to watch as ETH tests resistance

All eyes now on whether Ethereum can hold above critical support. A clean break here could send shorts scrambling and trigger the next leg up. Meanwhile, Bitcoin maximalists are suddenly very interested in ‘that other chain’ again.

The cynical take? Wall Street probably just finished accumulating their bags. Now watch the ‘institutional adoption’ narrative get trotted out right on schedule.

Ethereum Price Gains Pace

Ethereum price started a fresh increase above the $2,560 zone, beating Bitcoin. ETH price gained pace for a move above the $2,600 resistance zone and entered a positive zone.

The price even tested the $2,620 resistance. A high was formed at $2,627 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $2,515 swing low to the $2,627 high.

Ethereum price is now trading above $2,580 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD.

On the upside, the price could face resistance NEAR the $2,620 level. The next key resistance is near the $2,650 level. The first major resistance is near the $2,680 level. A clear move above the $2,680 resistance might send the price toward the $2,780 resistance.

An upside break above the $2,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term.

Are Downsides Limited In ETH?

If ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,570 level. The first major support sits near the $2,520 zone and the trend line.

A clear move below the $2,520 support might push the price toward the $2,450 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320.

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 – $2,520

Major Resistance Level – $2,620