The price of Bitcoin has been moving within a monthly upward channel for several years. Therefore, after the rebound around $60,000, BTC could join the ATH at $126,000. And if we are allowed bullish volatility, the price could even reach $200,000 and $600,000. Ethereum remains above $2,000. Can we hope for an upward acceleration towards $3,000? In today’s bulletin, we provide a technical update on the second capitalization of cryptos!
The price of Ethereum has been rising for three months
At the time of writing, the price of Ethereum is moving just below $2,500. Also, he progress for three months against the dollar (+6.4%):
Ethereum performance against different pairs. Source: Coincheckup In the short term, buyers have their hands on ETH. However, the course displays a drop of almost 30% in six months. If it rebounds against the dollar, Ethereum significantly underperforms Bitcoin for three months. For his part, Toncoin (TON) stands out over the last week. In fact, it climbs 44 % in just seven days.
Ethereum price could regain weekly resistance at $2,900
The ETH price is in a bearish dynamics from the top around 5 000 $. Thanks to a rebound of almost 40 %the ETH price evolves beyond the weekly level at $2,100. However, he remains stuck between moving averages (EMA 9/EMA 18) bearish :
Ethereum Price Against the Dollar (1W) – Sign up for Trading View using our affiliate link. If the support at $2,100 holds and the moving averages are crossed, the price of ETH could rush towards the resistance at $2,900. However, in the event of weakness between the moving averages and a decline below the level at $2,100ETH could fall towards the support at $1,500. The RSI rebounds since the beginning of March, but the trend is still fragile. Thus, the momentum is still not clearly bullish on ETH weekly.
ETH holds $2,350, heading to $2,800?
On a daily basis, the courseETH is generally moving upwards and beyond the bullish trendline. Also, the course seems hold the level at $2,350 :
Ethereum Price Against Dollar (1D) – Sign up for Trading View using our affiliate link. In the event that ETH manages to keep the $2,350he could fly to the next resistance at $2,800. On the other hand, if sellers manage to push the price under $2,350a fall on the support around the 2 100 $ is possible. The RSI will have to climb beyond 66 to remain bullish. ETH price is moving beyond weekly support at $2,100 and attempting to reclaim the $2,350 area. So, if buyers keep their hands, the prince of cryptos could return to around $3,000. Either way, Bitmine is bullish and continues to buy ETH.
SUIVI PORTEFEUILLE STEADY LADS 100 000$
Allocation as of 05.05.26:
💵 Stablecoins: 13 % — 💰 Cryptos : 87 %
The portfolio remains heavily exposed to the market with two outstanding positions. Following the recent increase, one of them was partially reduced in order to secure part of the capital, slightly reducing the overall exposure.
📍 Follow the complete evolution of Cara’s portfolio and decisions in real time on Steady Lads