- Ethereum reclaimed $2,560 and held the level as support, reaching $2,657.85 after recovering from its recent consolidation.
- Analysts are watching $2,675-$2,700 resistance, followed by a broader $2,800-$3,000 supply zone.
- RSI and MACD remain positive, while $2,600, $2,500 and $2,400 provide key support levels if ETH pulls back.
Ethereum broke above $2,560 and retested that level as support, while analysts tracked resistance near $2,800. ETH reached $2,657.85, after rebounding from its recent consolidation. Analysts Ali Charts, Celal Kucuker, Ted Pillows and CrediBULL Crypto highlighted separate levels and risks around the move.
ETH Reclaims $2,560 After Strong Recovery
Ali Charts said Ethereum confirmed its breakout after clearing $2,560 and successfully retesting the level. The analyst identified $2,760 as the next major target. The move followed a broader recovery from approximately $1,900.
ETH later climbed above $2,400 before consolidating between roughly $2,400 and $2,500. However, the token briefly fell toward $2,350-$2,400 around Sept. 16. It then rebounded, crossed $2,500 and approached $2,700.
The latest four-hour Binance candle reached $2,675.70 and bottomed at $2,653.48. ETH was down $4.43, or 0.1%, at $2,657.85.
Analysts Watch $2,800-$3,000 Resistance
CrediBULL Crypto said ETH cleared its untapped highs and approached a $2,800-$3,000 resistance zone. The analyst described that area as a supply zone. According to CrediBULL Crypto, rejection there could lead to a deeper pullback toward equal lows.
A break above the zone could leave those lows behind. Meanwhile, Celal Kucuker said ETH retested its flag breakout. He also said unexpected Trump announcements or war-related events could affect the technical setup.
Kucuker said ETH could reach $3,500 by the end of next month. He also expects a new all-time high by year-end. Ted Pillows highlighted another development involving Ethereum’s staking activity. He said the ETH exit queue reached 132,832, its highest level in three months.
RSI And MACD Show Strong Buying Momentum
Ethereum’s RSI is at 67.54, above its 66.24 moving average. The reading remains below the conventional 70 overbought threshold. Meanwhile, the MACD line is at 39.83, above the 37.89 signal line. Its histogram remains positive at 1.93.
Immediate resistance is around $2,675-$2,700, while support has formed near $2,600. Below that, $2,500 and $2,400 remain key levels. A sustained move above $2,675-$2,700 would expose higher resistance levels. However, rejection could send ETH toward $2,600 or $2,500.
