- Ethereum Price Expectations: Ethereum holds support at the 50-day Exponential Moving Average:


Ethereum recorded liquidation operations totaling $43.4 million over the past 24 hours, with the most notable being liquidations of long positions worth $27.8 million.
On the daily chart, Ethereum shows a positive trend, as it stabilizes near the 20- and 50-day Exponential Moving Averages at approximately $2,307 and $2,265, respectively. This setup indicates that buyers continue to be interested in purchasing when prices fall, while the 100-day Exponential Moving Average, near $2,355, represents the first clear threshold for an upswing.
Momentum is slightly positive, with the Relative Strength Index hovering just above the 50 line, and the Stochastic Oscillator in the mid-range, suggesting room for expansion but without strong directional conviction.
On the upside, immediate resistance is shown at the 100-day Exponential Moving Average, followed by a horizontal barrier at $2,388; a sustained breakout above this area would pave the way toward $2,746, and then $3,411 as the next bullish targets.
Daily chart of the ETH/USDT pair
On the downside, the 50-day Exponential Moving Averages around $2,265 provide initial protection, from which prices bounced on Friday, with stronger structural support at $2,211 and then at $2,107. Losing these levels would lead to deeper pullbacks toward $1,909 and $1,741.
$ETH
ETH0.52%
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