Ethereum Price Analysis: Reversal Potential as ETH Approaches Critical Support Zone

  • Ethereum (ETH) is experiencing a downward trend in the 2-hour price chart and a drop towards the $1830 support.
  • If the price of ETH reverses from the $1821-$1800 range, it can continue its upward movement to the $1930 level.
  • Long confirmations should be sought when ETH approaches the specified support range, and candlestick closures below the $1790 level can be followed as a stop level.

When we examine Ethereum’s price chart, we observe that it is in a downward trend and experiencing a drop towards the $1830 support. If ETH reverses from the specified support range, it can continue its upward movement.

Medium-Term Ethereum Price Analysis

8 Hour ETH/USD Price Chart

When Ethereum’s 8-hour price chart is examined, it is seen that the specified important resistance area is at the $1892 level.

However, since the ETH price could not achieve daily candlestick closures above the $1892 level specified in the analysis, it experienced a decline. Currently, ETH is trading at around $1847.

According to technical analysis, when Ethereum’s charts are examined, it is observed that it is moving close to an important support area at the $1828 level. If ETH holds above the $1828 support, it can start its upward movement towards the $1937 level.

However, if ETH achieves 4-hour candlestick closures below the $1828 level, it can expand its downward movement to the $1805 level.

If the Ethereum price falls below the $1779 level with a sudden drop, it can realize its downward movement towards the $1740 level.

Short-Term ETH Price Analysis

2 Hour ETH/USD Price Chart

2 Hour ETH/USD Price Chart

When Ethereum’s 2-hour price chart is examined, it is observed that it is in a downward trend and experiencing a drop towards the $1830 support.

If the price of ETH reverses from the $1821-$1800 range specified in the analysis, it can continue its upward movement to the $1930 level.

Therefore, when the ETH price approaches the specified support range, it is important to look for long confirmations. Candlestick closures below the $1790 level can be followed as a stop level.

However, if the price of ETH achieves 2-hour candlestick closures below the $1800 level, it may show a tendency to continue its downward movement.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Binance Lists Avantis (AVNT): AVNT/USDT, AVNT/USDC & AVNT/TRY Spot Pairs Go Live Sept 15, 2025 (13:00 GMT+8)

Per the official announcement, Binance will list Avantis (AVNT)...

Gate Lists Boundless (ZKC) Perpetuals with 1–20x Leverage on Sept 15 — Trading Bots, Copy Trading & DCA Soon

Gate announced on September 15th that it will list...

BitMEX Co-Founder Arthur Hayes to Explain How Trump’s 2026 Fed Move Could Boost Bitcoin at KBW Sept 23

Arthur Hayes, the BitMEX co-founder, was reported by COINOTAG...

Binance Ends MANTRA (OM) ERC20 Deposits and ERC20/BEP20 Withdrawals Effective Sept 26, 2025

Binance announced on September 15 that it will discontinue...

BlockBeats: Newly Created Wallet Withdraws 3,001 ETH (~$13.9M) From Binance — Onchain Lens Alert (Sep 15)

COINOTAG News on September 15 reported that on-chain analytics...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img