Jun 26, 2025
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Ethereum Price Reaches $2,444 After Recovery from Geopolitical Volatility
Ethereum has recovered to the $2,400 level after a volatile week influenced by geopolitical tensions. Following a dip below $2,200 due to panic selling amidst US military actions in the Middle East, ETH is now showing signs of a potential recovery rally.
- Current price around $2,444, reclaiming key resistance levels.
- Technical analysis suggests bullish continuation if momentum is maintained above this threshold.
- Analysts highlight the importance of holding above $2,400 for a broader rally, especially if Bitcoin stabilizes.
- Concerns persist over macroeconomic conditions which could impact recovery.
- ETH trading at $2,463 represents a 10.5% gain this week after recovering from a low of $2,189.
- Testing significant resistance zones formed by moving averages: 50-week ($2,660), 100-week ($2,625), and 200-week ($2,437).
- Volume increase indicates rising interest, but market indecision persists with recent rejection wicks.
- Maintaining above the 200-week SMA ($2,437) is crucial for sustaining bullish sentiment.
