Ethereum Progressing Within Expected Range — Here’s What Lies Ahead | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum price action on the 1-day chart continues to unfold in line with prior expectations, showing steady progress within its established bullish setup. The price remains well-structured with ETH holding above key support and respecting trend dynamics.

Ethereum’s Next Key Targets — Where Price Could Be Headed

Ethereum is facing resistance from a tight cluster of EMAs, which is acting as a ceiling and compressing price action. Crypto Devil highlighted on X that ETH needs to show strength and break above these EMAs to shift short-term momentum back to bull.

Related Reading: Crypto Pilihan Terbaik Awal Juli 2025: Ethereum (ETH) Bukan Satu-Satunya Strategi CerdasThe price action has already hit the RSI target and rejected from the initial chart target, indicating a possible exhaustion of momentum, but not a breakdown. ETH is showing signs of a potential spring test, a setup that often signals the final shakeout before a bullish breakout.

The key confirmation signals to watch are: A break above the tight EMAs signals a bullish control trend, reclaiming the $2.600 level, which is a significant resistance and chart target. This would push the RSI above 53, indicating renewed strength and momentum.

Source: Crypto Devil on XBarry | ChartMonkey also noted that the Ethereum weekly chart shows price steadily rising as expected, maintaining a clean bullish structure, and now approaching a critical resistance zone between $2,600 and $2,900. This resistance zone marks a pivotal moment for ETH.

However, a break above $2,900 could ignite a new wave of bullish momentum, potentially setting the stage for a broader breakout toward higher targets. Thus, ETH could be on the verge of a significant upside move.

On the 4-hour chart, Ethereum is gaining momentum, up 7.58% on the day and trading around $2,593. According to Wayne Liang, this surge is due to a combination of strong accumulation patterns, steady ETF inflows, and rising staking activity.

Despite the impressive move, Wayne stated that the short-term outlook remains slightly bearish, with overhead resistance and cooling indicators, the broader trend remains bullish on the long-term trajectory. He refers to the current technical setup as a beautiful blue diamond, a symbolic description for the coiling structure before momentum could explode to the upside.

Ethereum In Bullish Continuation Zone

Whales_Crypto_Trading analyzed that Ethereum is holding above the lower boundary of an ascending triangle formation on the 2-hour chart, a bullish continuation pattern that precedes upward movement. If the pattern plays out, ETH could surge toward the $3,200 target, a move that aligns with technical projections and bullish market sentiment.

Related Reading: Ethereum Holding Above Key Support On Daily Chart — Eyes Set On BreakoutThe analyst also revealed that Ethereum is testing a key resistance level that has now turned into support. This level is where ETH might determine whether it maintains an upward trend or faces a pullback

If this support holds, ETH price could climb toward the $4,000 level in the next few months. This level represents a milestone that aligns with technical targets and growing market enthusiasm.

ETH trading at $2,593 on the daily chart | Source: ETHUSDT on Tradingview.comFeatured image from Istock images, chart from tradingview.com Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.