Ethereum Price Prediction: ETH Uptrend Persists While Buterin Defends Network Neutrality
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Ethereum shows bullish momentum as it breaks above $2,073, reclaiming major EMAs and testing resistance at $2,100. Elevated open interest and stabilized exchange flows suggest strong buyer support, with critical support levels between $1,970 and $1,995.
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- Ethereum reclaims major EMAs, reinforcing short-term bullish control
- Open interest cools yet stays elevated amid shifting leverage trends
- Exchange flows stabilize as $2,100 resistance tests buyer strength
Ethereum is showing renewed strength as buyers push the asset toward a key resistance zone near $2,100. Recent technical signals suggest momentum favors bulls, although traders still watch several critical support levels.
Ethereum Price Structure Signals Bullish Momentum
Short-term charts show Ethereum breaking above the 0.786 Fibonacci retracement near $2,073. Consequently, price reclaimed major moving averages that previously limited upside momentum.
The 20, 50, 100, and 200 exponential averages now sit between $1,970 and $1,995. This cluster forms a strong support zone where buyers previously defended dips.
Moreover, Ethereum continues to print highe…
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