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Ethereum Price Analysis: Has ETH’s Structure Shifted Fundamentally After Surge to $2.2K?

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Ethereum Price Analysis: Has ETH’s Structure Shifted Fundamentally After Surge to $2.2K?

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » ETH Ethereum is trading below $2.2k to open the new week, holding above the critical $1.8k support zone but struggling to make any decisive move higher. The recovery from February’s lows has been frustratingly shallow, and with macro uncertainty still clouding the broader risk environment, ETH remains in a position where it needs to prove itself rather than simply hold ground. The descending channel on the daily chart remains intact, with the 100-day MA (~$2.4k) and 200-day MA (~$2.9k) both declining overhead and forming a formidable resistance ceiling. The price has been oscillating below the $2.4k supply zone for weeks

Source: https://cryptopotato.com/ethereum-price-analysis-has-eths-structure-shifted-fundamentally-after-surge-to-2-2k/

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