{"id":77268,"date":"2025-07-01T03:08:23","date_gmt":"2025-07-01T03:08:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=77268"},"modified":"2025-07-01T03:08:23","modified_gmt":"2025-07-01T03:08:23","slug":"ethereum-price-readies-for-takeoff-bulls-eye-fresh-highs","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=77268","title":{"rendered":"Ethereum Price Readies for Takeoff \u2014 Bulls Eye Fresh Highs"},"content":{"rendered":"

Ethereum price started a fresh increase above the $2,485 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 $2,465 level.
\nThe price is trading above $2,460 and the 100-hourly Simple Moving Average.
\nThere is a key bullish trend line forming with support at $2,450 on the hourly chart of ETH\/USD (data feed via Kraken).
\nThe pair could start a fresh increase if it remains stable above the $2,400 zone in the near term.<\/p>\n

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

Ethereum price started a fresh increase above the $2,440 support level, like Bitcoin<\/a>. ETH price was able to clear the $2,460 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 bears were active near the $2,520 level<\/a>. A high was formed at $2,522 and the price is now consolidating gains. The price dipped below the 23.6% Fib retracement level of the upward move from the $2,435 swing low to the $2,522 high.<\/p>\n

Ethereum price is now trading above $2,460 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,450 on the hourly chart of ETH\/USD. It is close to the 76.4% Fib retracement level of the upward move from the $2,435 swing low to the $2,522 high.<\/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 $2,600 level. A clear move above the $2,600 resistance might send the price toward the $2,680 resistance.<\/p>\n

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

An upside break above the $2,680 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.<\/p>\n

Downside Break 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 $2,450 level and the trend line. The first major support sits near the $2,420 zone.<\/p>\n

A clear move below the $2,420 support might push the price toward the $2,400 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.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 <\/strong>The MACD for ETH\/USD is losing 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 $2,420<\/p>\n

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

Ethereum price started a fresh increase above the $2,485 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 $2,465 level. The price is trading above $2,460 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":77269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77268","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\/77268"}],"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=77268"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/77269"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}