Ethereum tests $2,430 resistance, eyes $2,759–$3,400 upside targets
Ethereum presses key resistance near €2,070 ($2,430) as structure turns bullish. Analysts track a potential breakout while Bitcoin stays strong.
Ethereum has tracked BTC’s momentum and is grinding higher, with price repeatedly testing the €2,070 area that Michaël van de Poppe flagged as a breakout level. He outlined levels in euros and noted a steady advance toward this cap in a recent update on X and a related market read.
Repeated retests have not drawn a major rejection. That typically weakens supply at resistance, improving breakout odds, per prior price behavior.
He mapped the next resistance zones at €2,350 ($2,759) and €2,900 ($3,400) in his thread. After almost three months of consolidation below the current band, he sees a shallow rejection at €2,350 as a weak outcome, with €2,900 more consistent with the build-up cited.
- Breakout level tracked near €2,070 ($2,430) source
- Next zones: €2,350 and €2,900 source
- BTC strength toward $84,000–$87,000 could accelerate alt momentum source
Donald Dean also posted a bullish setup, citing alignment across daily and weekly charts on X.
On the daily, price is moving cleanly off a volume shelf, with a next pivot around $2,970 noted. His Fibonacci 1.618 projection points near $6,941 source.
On the weekly, ETH is bouncing from strong support. He cites past cycles with potential for a 200% move and a 1.618 extension near $7,332, keeping projections clustered around the $7,000 region source source.
Key takeaway for traders: ETH is pressing resistance with multiple retests, clear upside levels, and cross-timeframe momentum. Breakout confirmation hinges on the €2,070 band and BTC’s path into the mid-$80k range source source.
