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交易王

07/06 08:08

Ethereum Price Prediction: Can ETH Break Its Downt

#World Cup Predictions: 100,000 USDT Daily #2026 World Cup Posting Challenge on HTX Square #HTXCommunity4thAnniversary Ethereum Price Prediction: Can ETH Break Its Downtrend and Target $2.2K?Ethereum has extended its recovery over the past several sessions, breaking above its recent consolidation range and approaching a major confluence resistance area. The rally has improved short-term sentiment, but the market is now testing a zone that could determine whether this move develops into a broader trend reversal or remains a relief rally within the prevailing downtrend. Ethereum Price Analysis: The Daily Chart Ethereum continues to recover from the $1.46K-$1.53K demand zone, where buyers once again stepped in after defending the June lows. The rebound has now carried price toward the descending trendline that has capped every major rally since the May peak. The recent advance has also reclaimed the $1.70K area, placing $ETH just below the next key resistance cluster around $1.82K-$1.86K. This region is particularly important because it aligns with the long-term descending trendline, creating significant technical confluence. Momentum has improved considerably. The previously discussed bullish RSI divergence has continued to play out, with the indicator making higher highs while price has recovered sharply from support. This suggests bearish momentum has weakened substantially compared to previous sell-offs.
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