{"id":5724,"date":"2025-07-03T18:13:26","date_gmt":"2025-07-03T18:13:26","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/ethereum-eyes-key-resistance-as-price-reclaims-2550-here-are-the-levels-to-watch\/"},"modified":"2025-07-03T18:13:26","modified_gmt":"2025-07-03T18:13:26","slug":"ethereum-eyes-key-resistance-as-price-reclaims-2550-here-are-the-levels-to-watch","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/ethereum-eyes-key-resistance-as-price-reclaims-2550-here-are-the-levels-to-watch\/","title":{"rendered":"Ethereum Eyes Key Resistance As Price Reclaims $2,550 \u2013 Here Are The Levels To Watch"},"content":{"rendered":"

Ethereum (ETH) has surged 7.5% in the daily timeframe to break above a key resistance level for the first time in weeks. Following its breakout, some analysts forecasted that a retest of the range highs could be around the corner.<\/p>\n

Ethereum Reclaims Crucial Area<\/h2>\n

On Wednesday, Ethereum jumped over 7% from its local low to the $2,550 mark, setting the stage to reclaim another crucial resistance. The King of Altcoins climbed from the $2,380 support to the $2,585 area, hitting a two-week high.<\/p>\n

The cryptocurrency has been trading between the $2,400-$2,800 price range since the early May breakout, but briefly lost this area after failing to hold the $2,550 support two weeks ago.<\/p>\n

After recovering its local range, ETH struggled to break past the $2,500 barrier, trading between the range low and this resistance for a week. Nonetheless, today\u2019s market recovery, which also saw Bitcoin jump to the $109,600 mark, has sparked bullish sentiment among investors.<\/p>\n

Amid today\u2019s performance, Daan Crypto Trades called ETH\u2019s price action a \u201cnice move out of the local range.\u201d However, he suggested that bulls must hold the $2,520 area to confirm it isn\u2019t another deviation or liquidity grab in a \u201cbigger chop.\u201d<\/p>\n

\"Ethereum\"<\/p>\n

To the trader, failing to hold this area would send the cryptocurrency to the range lows again. As a result, the major levels to watch remain the $2,310 support and $2,735 resistance.<\/p>\n

Market watcher Merlijn The Trader noted that Ethereum has \u201crespected support every single time,\u201d forming \u201cone of the cleanest breakouts we\u2019ve ever seen.\u201d<\/p>\n

He highlighted<\/a> a three-month ascending triangle in ETH\u2019s chart, pointing out that the King of Altcoins bounced from the rising support line during the recent price deviation and now targets the next key resistance around the $2,700 mark.<\/p>\n

\n

Ethereum is charging up. Higher lows, strong base, bullish MACD crossover. A clean break of $2,700\u2026 and ETH will fly. $3,000 is just the beginning. The real move comes after that.<\/p>\n<\/blockquote>\n

ETH To Repeat ATH Set Up?<\/h2>\n

Merlijn also affirmed<\/a> that ETH\u2019s two-year setup is repeating, which could signal that a massive breakout is coming. According to the chart, the Ethereum price has moved in stages that last about two years since 2018.<\/p>\n

During the first stage, the cryptocurrency\u2019s price forms a base, which later leads to the second stage, where the price rejects and retests the base lows. Lastly, Ethereum experiences the liftoff phase, where the price breaks out to new highs.<\/p>\n

The last liftoff phase, between 2020 and 2022, saw ETH surge from the $100 mark to its $4,878 all-time high (ATH). To the trader, \u201cThis time we start from $1,500. Not a dip. A launchpad.\u201d<\/p>\n

Similarly, analyst Kaleo pointed<\/a> out the structural resemblance between ETH\u2019s performance this cycle and last cycle. He noted that, while BTC hit a new ATH in December 2020, Ethereum was 60% down from its previous cycle highs, leading many investors to suggest it was \u201cdead.\u201d<\/p>\n

Nonetheless, ETH climbed over 800% from there, outperforming Bitcoin\u2019s 250% increase in the following months. This time, the cryptocurrency has also seen up to a 68% retrace from its previous ATH, while BTC soared to new highs. If history repeats, \u201cThe bottom for ETH is in. Up only from here,\u201d the analyst concluded.<\/p>\n

As of this writing, Ethereum is trading at $2,568, a 6.1% increase in the weekly timeframe.<\/p>\n

\"Ethereum,<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) has surged 7.5% in the daily timeframe to break above a key resistance level for the first time in weeks. Following its breakout, some analysts forecasted that a retest of the range highs could be around the corner. Ethereum Reclaims Crucial Area On Wednesday, Ethereum jumped over 7% from its local low to…<\/p>\n","protected":false},"author":1,"featured_media":5725,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143],"tags":[56,61,42,713,468,281,64,2577,2578,145,66,1158,68],"class_list":["post-5724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-btc","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-market-recovery","tag-crypto-trader","tag-eth","tag-eth-analysis","tag-eth-breakout","tag-eth-price","tag-ethereum","tag-ethereum-ath","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5724"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5725"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}