Ethereum Price Prediction: ETH Battles Sell Wall at $2,230
Ethereum is holding above a new buy wall near $1,960 to $1,980, but sell pressure remains stacked above price. Analysts now point to $2,120 and $2,230 as the next resistance levels ETH must clear before a stronger recovery can build. Ethereum Price Holds Strengthened Support as ETH Faces $2,120 Sell Wall Ethereum is holding above a new buy wall as analyst CW says the support line has strengthened on the four hour chart. The chart shared on X shows ETH trading near the $2,017 area, with a green support zone below price and red sell walls above the market. Ethereum Whale Order Chart. Source: The nearest support zone sits around the $1,960 to $1,980 area. CW said a new ETH buy wall has formed there, which means buyers have placed larger orders below the current price. That support matters because ETH recently bounced from the same lower area after a short term drop. The new buy wall suggests buyers are still defending that zone. On the upside, the first sell wall sits near $2,120. That area could act as short term resistance if ETH moves higher. The chart also shows another sell wall near $2,240. That level is the next major resistance zone above the first wall. If ETH