Ethereum (ETH) Faces Critical Test at $2,150 After Repeated Rejections
Ethereum (ETH) Price The 100-day exponential moving average positioned around $2,350 has served as persistent overhead resistance during this timeframe. Daily candle closes have consistently failed to establish themselves above this technical level, restricting upward momentum. Michaël van de Poppe from MN Capital highlighted deteriorating conditions in the ETH/BTC trading pair. The ratio descended below the 0.032 BTC threshold, violating a support boundary that had previously maintained bullish structure. Additionally, the ratio moved beneath its 21-period moving average, confirming diminishing relative strength compared to Bitcoin. I keep repeating the crucial levels for $ETH. Unfortunately, it broke down, which means that theres no continuation of the uptrend, yet. As long as it stays below 0.032 $BTC, Im not interested until I see a clear bottoming formation or when it tests 0.026. The latter is a… — Michaël van de Poppe (@CryptoMichNL) April 27, 2026 For the ETH/BTC pair, the subsequent higher timeframe support zone is located around 0.026 BTC, representing a level where demand has historically emerged. Critical Support at $2,150 Under Scrutiny Market participants are closely monitoring the $2,150 price level as the pivotal zone. This area previously functioned as overhead resistance before converting into a support foundation. Should this level fail to hold, Ethereum would likely test the $2,050