Ethereum Price Prediction: ETH Bulls Face $2,365 Weekend Test
Ethereum Ethereum Price Prediction: ETH Bulls Face $2,365 Weekend Test ETH is trading at a key decision point, with charts showing resistance between $2,290 and $2,365 and a median range level that bulls need to hold as support. A clean move above resistance could open the way toward the upper range, while a failed support flip may send ETH back toward lower levels. ETH Price Tests First Resistance Zone as Weekend Range Takes Shape ETH is testing its first short-term resistance zone between $2,290 and $2,365, according to the 1-hour ETH/USD chart shared by MCO Global DE. The chart shows ETH recovering from this weeks low, but MCO Global DE said the move still appears to be a three-part structure. That means the bounce has not yet confirmed a stronger impulsive breakout. ETH Weekend Resistance Zone. Source: The red resistance box sits around the key Fibonacci levels marked on the chart. These include the 38.2% level near $2,290, the 50% level near $2,312, the 61.8% level near $2,334, and the 78.6% level near $2,365. For the weekend, this zone remains the main area to watch. MCO Global DE said ETH will likely stay inside or below this resistance area during the weekend. If ETH breaks above $2,365, the chart