Close Menu
  • Home
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
What's Hot

MA Crosses MT4 Indicator – ForexMT4Indicators.com

October 10, 2025

Google Search Ranking Volatility Heats Up October 7th and 8th

October 10, 2025

Analyst Predicts XRP Could Stand Among The ‘Greatest’ Assets In Modern History

October 9, 2025
Facebook X (Twitter) Instagram
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
Facebook X (Twitter) Instagram
Cointelegraphe
  • Home
  • Altcoin
  • Bitcoin
  • Crypto
  • Forex
  • Online Money
Cointelegraphe
Home»Crypto»Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout
Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout
Crypto

Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout

adminBy adminJuly 9, 2025No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ethereum is consolidating above the $2,500 mark, showing resilience amid broader market uncertainty. While bulls have successfully flipped $2,500 from resistance into support, the price still faces significant pressure below the $2,700 zone. This range-bound behavior has persisted since early May, and the coming days are likely to define the next major move, not only for ETH but also for the broader altcoin market.

Related Reading

Top analyst Ted Pillows shared technical insights, highlighting Ethereum’s current structure, particularly after the $2,500 level was reclaimed. However, the next challenge lies in reclaiming the range high. A breakout above this key resistance could trigger a strong bullish continuation and potentially ignite an altseason, as capital often rotates into altcoins once ETH gains momentum.

On the flip side, failure to sustain current support may open the door for a pullback toward lower demand levels. For now, bulls appear to be in control, but the market remains on edge, awaiting a decisive move. Whether ETH can build enough strength to break through resistance or slips into another leg of consolidation will likely shape sentiment and positioning for the weeks ahead.

Ethereum Builds Strength As It Eyes Range High

Ethereum continues to trade within a well-defined consolidation zone, oscillating between $2,400 and $2,700 since early May. After reclaiming the $2,500 level and flipping it into support, ETH now looks poised for a potential breakout. Ted Pillows highlighted this shift in momentum, stating that Ethereum is “looking good” and could soon revisit the upper boundary of the range.

Ethereum reclaims key level above $2,500 | Source: Ted Pillows on X
Ethereum reclaims key level above $2,500 | Source: Ted Pillows on X

However, despite Ethereum’s strength, broader market conditions remain mixed. Bitcoin’s failure to break above its all-time high adds pressure to the crypto market, and altcoins continue to struggle to find solid footing. While macroeconomic uncertainty has eased following encouraging job reports and legislative developments in the US, headwinds persist. Rising US Treasury yields and the Federal Reserve’s ongoing delay in cutting interest rates contribute to a cautious environment.

Still, Ethereum’s ability to hold above $2,500 suggests bullish intent. If price pushes toward and ultimately breaks above $2,700, it could trigger a broader move across altcoins, reawakening market momentum. But without a breakout in the short term, another leg of consolidation—or even a pullback—remains possible. This week may prove pivotal in setting the tone for Ethereum and the altcoin market’s next phase.

Related Reading

ETH Tests Resistance As Consolidation Tightens

Ethereum is trading at $2,550, holding above its key moving averages and continuing to consolidate in a tight range. The daily chart shows that ETH is attempting to break above the 200-day moving average (red), currently sitting near $2,488, while managing to stay above both the 50-day (blue) and 100-day (green) moving averages. This convergence of key technical levels highlights the current equilibrium between bulls and bears.

ETH prepares to push above resistance | Source: ETHUSDT chart on TradingView
ETH prepares to push above resistance | Source: ETHUSDT chart on TradingView

Despite multiple attempts since early May, Ethereum has not been able to sustain a breakout above the $2,700 mark. Each push higher has faced selling pressure, suggesting that this zone remains a major area of resistance. However, recent price action shows higher lows and strong defense of the $2,500 level, signaling building momentum.

Related Reading

Trading volume remains relatively flat, which aligns with the ongoing consolidation, but could also foreshadow a volatility spike once direction is confirmed. A successful daily close above the $2,600–$2,700 zone could trigger an impulsive move toward $3,000 and beyond. Conversely, a breakdown below the $2,480 level would invalidate the bullish structure and shift sentiment.

Featured image from Dall-E, chart from TradingView



Source link

Breakout Builds ETH Ethereum Ethereum Analysis Ethereum Breakout ethereum news ethereum price Ethereum recovery ETHUSDT Key Momentum Range Resistance Support Turns
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

PIPE is available for trading!

October 9, 2025

North Korea-linked Hackers Stole Over $2B in Crypto So Far in 2025: Report

October 8, 2025

Rally Fueled by ‘Perfect Storm,’ ETH, DOGE, BNB Surge

October 7, 2025

XRP Ready For Bullish Pop As Important Technical Signal Reappears

October 6, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Insights

MA Crosses MT4 Indicator – ForexMT4Indicators.com

October 10, 2025

Google Search Ranking Volatility Heats Up October 7th and 8th

October 10, 2025

Analyst Predicts XRP Could Stand Among The ‘Greatest’ Assets In Modern History

October 9, 2025

Daily Broad Market Recap – October 8, 2025

October 9, 2025
ads

Subscribe to Updates

Get the latest creative news from Cointelegraphe about Crypto, bItcoin and Altcoin.

About Us
About Us

At CoinTelegraphe, we are dedicated to bringing you the latest and most insightful news, analysis, and updates from the dynamic world of cryptocurrency. Our mission is to provide our readers with accurate, timely, and comprehensive information to help them navigate the complexities of the crypto market.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

MA Crosses MT4 Indicator – ForexMT4Indicators.com

October 10, 2025

Google Search Ranking Volatility Heats Up October 7th and 8th

October 10, 2025

Analyst Predicts XRP Could Stand Among The ‘Greatest’ Assets In Modern History

October 9, 2025
Get Informed

Subscribe to Updates

Get the latest creative news from Cointelegraphe about Crypto, bItcoin and Altcoin.

Please enable JavaScript in your browser to complete this form.
Loading
  • About us
  • Contact Us
  • Shop
  • Privacy Policy
  • Terms and Conditions
Copyright 2024 Cointelegraphe Design By Horaam Sultan.

Type above and press Enter to search. Press Esc to cancel.