Ethereum Price In Accumulation Mode—Key Support Holding Firm

Mar 26, 2025 04:00 am Cryptocurrency 42

Ethereum price started a recovery wave above the $2,020 zone. ETH is now consolidating and facing hurdles near the $2,080 resistance.

Ethereum started a recovery wave above the $2,020 level.

The price is trading above $2,025 and the 100-hourly Simple Moving Average.

There is a connecting bullish trend line forming with support at $2,010 on the hourly chart of ETH/USD (data feed via Kraken).

The pair must clear the $2,075 and $2,100 resistance levels to start a decent increase.

Ethereum Price Consolidates Below Resistance

Ethereum price formed a base above the $1,880 level and started a recovery wave, like Bitcoin. ETH was able to clear the $1,950 and $1,980 resistance levels.

The bulls pushed the price above the $2,000 level. Finally, the price tested the $2,100 zone. A high was formed at $2,104 and the price started a downside correction. There was a move below the $2,050 level. The price dipped below the 23.6% Fib retracement level of the ..

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