Ethereum Price Analysis: ETH Jumps 3% in an Hour – What Comes Next?
Ethereum is struggling to hold its broader ascending structure as the price slipped toward $2.38K before rebounding to $2.46K. Renewed whale-sized spot activity near $2.4K adds significance to the current support test, but buyers have yet to establish a convincing reversal. Ethereum Price Analysis: The Daily Chart On the daily timeframe, Ethereum is trading just […]
Ethereum slipped toward $2.38K before rebounding to $2.46K, a roughly 3% intraday bounce, as the asset tests a key support zone within its broader ascending structure. Renewed whale-sized spot activity near $2.4K adds weight to this support test, though buyers have not yet confirmed a reversal. Traders should watch whether ETH holds the $2.4K area, since a break lower would threaten the ascending structure while a convincing reclaim would signal renewed upside momentum.
