Ethereum Price Prediction: Technical breakthrough at $2,520 aiming for a resistance level of $2,745

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Ethereum (ETH/USD) has once again become the focus of attention as it tests a key resistance zone within the symmetrical triangle. Currently, ETH is trading around $2,508, below both the upper trend line of the triangle and the 50-period EMA (2.519 on the 2-hour chart. Some expect a breakout soon, but the price remains stagnant, with no confirmed breakout at the resistance level. This triangle pattern is created by converging trend lines, indicating consolidation and reduced volatility—a typical sign that a large move is about to occur. ETH has maintained a series of higher lows, sustaining the bullish case, but buyers have yet to produce a strong breakout candle. Low volume and recent candles indicate hesitation with mixed candle body sizes and small wicks. Ethereum Momentum is forming as the MACD shifts to an upward trend. The momentum indicators are indicating a shift in sentiment. The MACD is showing a new bullish crossover and the histogram is green—often a sign of increasing momentum.

This, combined with lower prices, means that buyers are gaining strength, but there is still no confirmation. If ETH can surpass the $2,527 level—the upper boundary of the triangle and horizontal resistance level—it will trigger a bullish target at $2,649 and $2,720. Below $2,500 or breaking below $2,420 will invalidate the setup and test lower support levels.

Important levels of Ethereum to watch The price prediction for Ethereum remains neutral as ETH has not yet broken out, but the setup is nearing its conclusion. Pay attention to breakthrough volume or rejection. Patience is key in the triangle setup—entering too early can cause volatility. Set up transaction: Entry point ) bullish: Above $2.527 at close with strong bullish momentumTarget: $2,649 and $2,720Stop loss: Below $2.420 ( triangle support ) Summary: Think of this triangle like a pressure cooker—it is building up steam, but unless the lid blows off ( at $2.527), the price will remain unchanged. Wait for a breakout confirmation before entering. Ethereum is consolidating at the resistance level, a major move is about to take place. Whether the bulls can capitalize on it remains to be seen—but all eyes are on $2.527.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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