Will Ethereum Price Break Out From the $1,800 Zone?

By: bitcoin ethereum news|2025/05/04 18:30:01
0
Share
copy
Ethereum Holds Ground: What’s Next for ETH Price? Ethereum (ETH) is showing resilience as it continues to trade above a key support zone near $1,800. While short-term performance remains modest, the technical structure suggests that ETH may be gearing up for another upward leg. After a sharp bounce from the $1,500 range, the current sideways movement appears to be a consolidation phase before the next major push. As of now, Ethereum is trading at $1,830 , with the following performance metrics: 1-Day Performance: +0.03% 1-Week Performance: +0.84% 1-Month Performance: -0.23% YTD Performance: -41.11% Despite the yearly downtrend, recent movements point to growing buyer interest near the $1,800 mark. ETH/USD YTD chart – TradingView Ethereum Price Prediction: Targets Ahead if Support Holds ETH’s strong recovery from the $1,500 level laid the foundation for a bullish setup. If prices continue to hold above $1,800, the next key targets lie at: $2,000 – a psychological and historical resistance level $2,200 – aligning with past swing highs $2,500 – a major bullish milestone if momentum continues ETH/USD 1-day chart – TradingView This consolidation between $1,800–$1,850 could be interpreted as accumulation by long-term investors before a breakout. Bearish Scenario: What if ETH Crash Below $1,800? While the current outlook is cautiously optimistic, traders should monitor the $1,800 support closely. If Ethereum breaks down from this level, the market could revisit the $1,500 support zone. A sustained move below $1,800 might signal a shift in sentiment and stall bullish momentum. A Make-or-Break Level for Ethereum Price Ethereum’s price action around the $1,800 zone is critical. The ongoing consolidation may pave the way for a breakout toward $2,000 and beyond—but only if support holds. Traders and investors alike are watching closely, as ETH prepares for its next move. Source: https://cryptoticker.io/en/ethereum-price-prediction-eth-breakout-from-dollar1800-zone/

You may also like

Popular coins

Latest Crypto News

Read more