{"id":77008,"date":"2025-06-30T03:08:15","date_gmt":"2025-06-30T03:08:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=77008"},"modified":"2025-06-30T03:08:15","modified_gmt":"2025-06-30T03:08:15","slug":"ethereum-price-tests-resistance-breakout-could-spark-rally","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=77008","title":{"rendered":"Ethereum Price Tests Resistance \u2014 Breakout Could Spark Rally"},"content":{"rendered":"

Ethereum price started a fresh increase above the $2,480 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance.<\/em><\/p>\n

Ethereum started a fresh upward move above the $2,450 level.
\nThe price is trading above $2,450 and the 100-hourly Simple Moving Average.
\nThere is a key bullish trend line forming with support at $2,440 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it remains stable above the $2,420 zone in the near term.<\/p>\n

Ethereum Price Eyes More Gains<\/h2>\n

Ethereum price started a fresh increase<\/a> above the $2,420 support level, like Bitcoin<\/a>. ETH price was able to clear the $2,450 and $2,480 resistance levels to move into a positive zone.<\/p>\n

The bulls even pushed the price above the $2,500 zone. However, the bulls were active above the $2,500 level. A high was formed at $2,523 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,394 swing low to the $2,523 high.<\/p>\n

Ethereum price is now trading above $2,450 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,440 on the hourly chart of ETH\/USD.<\/p>\n

On the upside, the price could face resistance near the $2,520 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,580 level. A clear move above the $2,580 resistance might send the price toward the $2,650 resistance.<\/p>\n

<\/a><\/p>\n

An upside break above the $2,650 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.<\/p>\n

Downside Correction In ETH?<\/h2>\n

If Ethereum fails to clear the $2,520 resistance, it could start a fresh decline. Initial support on the downside is near the $2,480 level. The first major support sits near the $2,460 zone or the 50% Fib retracement level of the upward move from the $2,394 swing low to the $2,523 high.<\/p>\n

A clear move below the $2,460 support might push the price toward the $2,440 support. Any more losses might send the price toward the $2,400 support level in the near term. The next key support sits at $2,350.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bullish zone.<\/p>\n

Hourly RSI \u2013 <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n

Major Support Level \u2013 $2,440<\/p>\n

Major Resistance Level \u2013 $2,520<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum price started a fresh increase above the $2,480 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance. Ethereum started a fresh upward move above the $2,450 level. The price is trading above $2,450 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":77009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77008"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77008"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/77009"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}