NewsBTC
Mar 3, 2026
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BULLISH 📈 : Ethereum price targets $2,150 as bulls push upward

Ethereum Price Overview

  • Ethereum's price increased from $1,950 and is consolidating above this level.
  • The current price is trading above the 100-hourly Simple Moving Average and $1,960 support level.
  • A rising channel with support at $1,960 is forming on ETH/USD's hourly chart.
  • If Ethereum stays below $2,090, it may decline further.

Potential Upside

  • Trading above $1,960 could lead to an increase in price.
  • Immediate resistance lies near $2,040, with key levels at $2,080 and $2,120.
  • Breaking above $2,120 may push the price towards $2,155, with potential targets at $2,220 and $2,250.

Potential Downside

  • Failure to break $2,080 resistance might result in a decline.
  • Initial support is near $1,990, with major support around $1,960.
  • A drop below $1,960 could push the price to $1,930 or even down to $1,880 and $1,840.

Technical Indicators

  • Hourly MACD shows reduced bullish momentum.
  • Hourly RSI is positioned above the 50 mark.
  • Major Support: $1,960
  • Major Resistance: $2,080

Ethereum Price