Ethereum Technical Analysis: 26 MAR 2025
a make-or-break level for Ethereum. Source: TradingView
General View
Ethereum has staged a notable recovery after finding support near the $1850 region, forming a bullish divergence on the RSI. This suggests that selling momentum has weakened, allowing buyers to regain control. Currently, ETH is holding above the $2000 psychological level and has flipped a key resistance zone into support. If bulls maintain their strength in this area, a continuation towards higher resistance levels is likely in the near term.
On The Upside
Immediate resistance is seen once again at the $2070 level, followed by $2127, both acting as key intra-day barriers that have limited bullish momentum. Additionally, the EMA-50 is posing as a resistance level that needs to be cleared for Ethereum to establish sustainable upside momentum. A decisive move above these levels could pave the way for a stronger push toward the supply zone at $2280–$2300.
On The Downside
$2040 has been holding as a firm intra-day support level. Despite a volatile session, bears struggled to drag the price below this key level. As long as it continues to hold, bulls maintain the short-term advantage. However, a breakdown below this support could extend the downside toward $2000, followed by $1940.
Ethereum is challenging an important resistance zone. Source: TradingView
