ETH/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
ETH/USD remains in an overall bullish market structure, characterized by an ascending baseline trendline originating from the July lows and price action trading comfortably above its rising 20-day Simple Moving Average. After an aggressive impulse up to a recent peak near 2800.00, Ethereum has entered a short-term consolidation phase around 2693.00, with the 20-day SMA serving as dynamic immediate support and the long-term trendline acting as deeper structural support near the 2500.00 zone. A sustained breakout and daily close above local resistance at 2800.00 would signal trend continuation toward resistance at 3000.00, whereas a decisive breakdown below the 20 SMA could trigger a mean-reversion retest toward the 2500.00 consolidation base.



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