Ethereum has a revival of more than 50 % in less than two weeks. Find our complete analysis and current ETH technical perspectives.
In short
- Technical analysis: ETH at strong acceleration: carried by a weekly increase of +38.5 % and volumes of flight (+154 %), ETH shows solid up to all horizons, despite moderate ETF permission.
- Key levels: ETH remains a bull over $ 2,105, supported by key levels to $ 2,407, $ 1,723 and $ 1,471, but approaches the dense area of resistance between $ 2,740 and $ 3,746, while the market balance is enclosed between $ 1,630 and $ 325.
- Derivative analysis: Market signals remain bruises, between the increase in open interest, the absorption of the seller and short liquidation, but increased financing requires alert in the event of continuous progression.
- Forecasts: The bias remains bullying over $ 2,407, with a potential of +30 %, but the rupture would expose the market to a repair that can reach -45 %, depending on the impact of macroeconomic factors.
Technical Analysis ETH/USD
| Indicator | State | Comment |
| Spot price | 2 625 $ | Strong bull extension after exceeding keys. |
| The latest weekly variations | + 38.5 % | The price meant its largest weekly increase of the year, the signal of the upward acceleration. |
| The last week’s volumes | 31.3 billion (+154%) | Flight of volumes, in accordance with the vitality of the Haussier movement. |
| Trend with a long term (SMA 200) | Up | A gradual increase in the long -term trend. |
| Middle Trend (SMA 50) | Up | Structure up installed in the medium term. |
| Short -term trend (SMA 20) | Up | Permanent increase, no signs of immediate weakness. |
| Mobility | Increase | Momentum confirms its increase with clear accelerated oscillators. |
| ETH ETH Spot Flow (network flows) | Permission | The ETF shows slight release and signals the measured withdrawal of institutional interest. |
ETH shows a strong recovery with a spot price for $ 2,625, transmitted by a weekly increase of +38.5 %, the largest year. This increase is accompanied by volume flights (+154 %), reflecting the recovery marked by participation. Trends are now on all horizons (SMA 20, 50 and 200), which indicates a well -established structural dynamics. Momentum remains strong, with oscillators of acceleration of pure acceleration, which confirms the strength of movement. The only remarkable reserve: a slight permission on the site of ETH, signaling the measured withdrawal of the interest of the institutional buyer.
Ethereum key levels
| Indicator | State | Comment |
| Resistance | 2 740 $ / 2 924 $ / 3 527 $ – 3 746 $ | Critical areas, potential Prague distribution. |
| Support | 2 407 $ / 1 723 $ / 1 471 $ | Main levels of defense, probable accumulation zone. |
| The last daily break | 2 105 $ | Cross resistance; Confirmation of bias. |
| Monthly beer | 1 711 $ | Reference level for the trend of the month under the course. |
| High -value area | 3 325 $ | High volume area; The upper terminal of the market balance, which may occur imbalance. |
| Low -value area | 1 630 $ | High volume area; Low limit of market balance, which may occur imbalance. |
Ethereum remains registered in the dynamics of ascending the recent daily break at $ 2,105, with well identified support levels to $ 2,407, $ 1,723 and $ 1,471, probably serving as accumulation areas in the case of withdrawal. The monthly swivel point at $ 1,711 is a reliable trendy stamp that is always located under the market. Since key resistors are close to $ 2,740 and $ 3,746, the price is almost threshold that is likely to cause profits or slowdowns. The cryptocurrency frames two very different zones: $ 1,630, supporting the idea of a fixed buyer and more than $ 325, which means a possible limit of progression, which could occur imbalance.
The current technical analysis was carried out in cooperation with ElyfeAND 0xhugzerInvestors and popularizers on the cryptocurrency market.
Derivative analysis (ETH/USDT)
| Indicator | State | Comment |
| Open interest | Increase | The ongoing speculative activity indicates the renewed interest |
| CVD | Trade | Divergence showing the presence of sellers, absorbed by passive buyers |
| Disposal | Strong, side side | Remarkable disposal on the short side, mark of the surrender of sellers. |
| Financing rate | a little positive | Medium -high amount of funding, showing distortion, without significant speculative surplus. |
Market data indicates the environment generally favorable to buyers, albeit without excessive euphoria. Increasing open interest has resolved an increase in speculative activity, while CVD emphasizes sales absorption, which is a sign of discrete but active support. The wave of disposal on the short side indicates the surrender of sellers and mechanically strengthens the dynamics up. The sponsors of financing, positive and growing, reflect the growing distortion of the buyer; Evolution to be monitored because the excess of the leverage could weaken dynamics in the event of a sudden drop in the market.
| Indicator | State | Comment |
| Sale of liquidation zone | ≈ 2 850 $ – 3 050 $ / 3 424 $ – 3 790 $ / 4 244 $ – 4 250 $ | Sensitive areas in the event of escape, risk of reinforcement up. |
| Buyer liquidation area | ≈ 2416 $ – 2 370 $ / 1 906 $ – 1 865 $ / 1 835 $ – 1 605 $ / $ 1,537 – $ 1,500 | Reduce critical thresholds, potential flushing areas. |
The market identifies several selling disposal areas located between $ 2,850 and $ 350, $ 3,424 and $ 3,790 and $ 4,124 and $ 4,250. These levels represent sensitive areas in the case of escape that can cause amplification upwards if they are exceeded with volume.
Conversely, shopping liquidation zones are more numerous and larger, covering beaches from $ 2,416 to $ 2,370, $ 1,906 for $ 1,865, 1,835 to $ 1,605 and $ 1,537 for $ 1,500. These thresholds are reducing critical areas where the market is exposed to a significant risk of flushing in the event of rapid correction.
Ethereum (ETH) prognosis (ETH)
Haussier Screenplay:
- Conditions: Maintenance over $ 2,407.
- Objectives: 2 739 $ / 2 925 $ / 3 527 $.
- Potential: +30 % from the current level.
Lower scenario:
- Conditions: interrupt support to $ 2,407.
- Objectives: 210 $ / 1 723 $ / 1 471 $.
- Potential: a reduction of -45 %.
Comment:
The bias remain bullyed without eliminating the possible short -term correction. The macroeconomic indicators to come, as well as the speech of Jerome Powell, could play a key role in validation or invalidating this scenario.
Conclusion
Ethereum develops in a clear bull context that carries strong participation and solid technical dynamics. The market structure remains favorable, with well -established support areas and short -term resistance. Data from derivative markets confirm the restored interest of the buyer without significant surplus. The bias remain positive, although the technical download cannot be excluded in case of accurate pressure. In this context, it will be necessary to carefully monitor the strategic price response to confirm or modify the current forecasts.
Finally, remember that these analyzes are only based on technical criteria and that cryptocurrencies can develop rapidly according to other basic factors.
Are you interested in this study? Find our latest bitcoin analysis.
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Elyfe specialist in technical analysis decrypts graphic trends on the markets of cryptocurrencies with strict and constantly evolving approach. Through its detailed analyzes, it brings an enlightened view of prices dynamics, helps investors and enthusiasts better understand and predict market movements.
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