Ethereum Price Analysis: Next Targets Revealed as ETH Takes Down a Crucial Resistance

With the price breaking $1800, things are about to wild for bulls, as the chart spells an evident $2100. Rocketing demand did the trick of breaching the resistance with the fresh bonus of an attack on the next major hurdle. This one stakes its claim against the 100-day moving average, giving it big-time battle importance. Will Ethereum win through or give way?

Technical Analysis

The Daily Chart

Ethereum Bulls Charge! $1.5K Holds, $1.8K Shattered – Is $2.1K Next?

After a myriad of buyers attempted to hold the crucial $1.5K support, Ethereum’s price began roaring back into life. This burst in buying strength aided ETH in overcoming the resistance of $1.8K, beginning speculations of another new bullish rally. The climb, however, would not be so easy, as $2.1K stood firm against ETH as an important barrier, with the 100-DMA watering the resistance further. Will ETH be able to stumble through and confirm this new bullish rally?

Strap in! The potential is AIMING to hit the $2.1K resistance like a heat-seeking missile. The market would pause immensely here, catching its breath. If, however, the bulls triumph at $2.1K with great force; then $2.5K will be the next launchpad.

The 4-Hour Chart

Ethereum just shaved through the $1.8K ceiling! After carving out the crucial swing low, bulls, too powerful to be restrained, charged through the tight ascending flag pattern on the 4-hour chart. The ensuing breakout literally launched a price rocket, sending the bears into a run for their lives.

ETH is about to test the resolve of the $2.1K barrier; so far, it has been stamped as the last high water mark in the charts. Bulls are congregating to charge this key resistance, and once the resistance is successfully broken, the price can be projected to $2.5K. Look out: rejection here can confine ETH to a holding pattern between $1.8K and $2.1K. The contest for $2.1K is about to begin.

Sentiment Analysis

Ethereum’s price danced close to the $1.8K ceiling, and the Binance liquidation heatmap held the key. A swarm of liquidations clustered like moths to a flame just above the recent peak, painting a target on that price level after the latest surge. Was it a siren song, or a genuine breakout point ready to ignite?

A market rebound and a bullish run are when these big players go out to hunt liquidity goldmines. Consider “smart money” preying on panic sellers, setting off a chain reaction of forced liquidations like dominoes crashing down.

So far, Ethereum has been staging a comeback, with a severe rebound after testing the $1,500 support-lit resistance levels into pulp. Bulls are completely back in the merchants’ confidence, and the charts are shouting “liftoff!” Why? The road to $2.1K looks surprisingly clear. Liquidity heatmap shows that there is a desert of sell orders ahead, meaning less friction and more acceleration. Buckle up; Ethereum can just be a rocket ride.

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