Ethereum

Major

Momentum

<p style="text-align: justify">Ethereum has reclaimed key support levels, with the $2,100 price point looming as a potential pivot. Analysts remain split on whether the recent momentum can power Ethereum toward $2,500, or if resistance ahead could trigger another downward move.</p><h2 id="key-support-reclaimed-upside-targets-in-play">Key support reclaimed, upside targets in play</h2><p style="text-align: justify">After rebounding from the $1,505 zone, Ethereum climbed back above the $1,825 threshold, a development seen as significant by market watchers. Prominent crypto analyst Michaël van de Poppe pointed to this recovery as maintaining the overall target between $2,500 and $2,620, despite market volatility in recent sessions.</p><p style="text-align: justify">Technical analysis shows Ethereum’s price recovering above its short-term moving averages. Turning the $1,825 area from resistance into support could strengthen bullish sentiment. The next critical resistance lies near $2,465, and breaking above this level would increase the likelihood of reaching the broader target range.</p><p style="text-align: justify">A daily close under $1,825 could undermine the recent recovery and bring the $1,700 zone into focus. Larger support remains near $1,505, a level hit during June’s market lows. If Ethereum fails to hold above $1,825, the rally could stall and set up a retest of lower levels.</p><p style="text-align: justify">For now, market attention remains on whether Ethereum can maintain this reclaimed support and push on toward $2,000 and higher targets, or if renewed selling will shift the outlook bearish.</p><h2 id="2-100-test-marks-decisive-moment-for-trend">$2,100 test marks decisive moment for trend</h2><p style="text-align: justify">Another prominent analyst, CobraTrader, shared an Elliott Wave analysis suggesting Ethereum might extend its rebound up to $2,100 before risk of a major correction resurfaces. The $2,100 region, situated near the 0.31 Fibonacci retracement, represents a pivotal resistance according to this perspective.</p><p style="text-align: justify">CobraTrader’s setup identifies this move as a potential fourth-wave top within the Elliott Wave cycle. A sustained breakout above $2,100 could weaken the case for a deeper correction. However, failure to overcome this resistance may trigger a fifth downward wave, with price targets in the $1,000 to $1,250 range.</p><p style="text-align: justify">Additional support appears around $1,505, where Ethereum previously found long-term buyers. A breach of this level could sharpen the bearish case and shift focus to the lower accumulation zone, where more pronounced buying interest may emerge.</p><p style="text-align: justify">Despite the short-term uncertainty, the long-term outlook remains cautiously optimistic. The Elliott Wave model indicates a possible major recovery post-correction, projecting potential moves above $3,400 and even toward $5,000 if macro conditions improve.</p><p style="text-align: justify">At present, Ethereum’s fate rests at the $2,100 mark. Bulls must clear this hurdle to maintain upward momentum, while failure to do so could mean a swift return to recent lows.</p><p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: Elliott Wave — A technical analysis tool first outlined by Ralph Nelson Elliott that identifies recurring wave patterns in markets, often used to forecast likely support, resistance, and reversal points in asset prices.</p><table style="border:1px solid #f1e4d8;padding:8px"><thead><tr><th>Support/Resistance</th><th>Price Level</th></tr></thead><tbody><tr><td>Major support (June low)</td><td>$1,505</td></tr><tr><td>Reclaimed support</td><td>$1,825</td></tr><tr><td>First major resistance</td><td>$2,100</td></tr><tr><td>Secondary resistance</td><td>$2,465</td></tr><tr><td>Target range</td><td>$2,500-$2,620</td></tr><tr><td>Bearish scenario support</td><td>$1,000-$1,250</td></tr><tr><td>Long-term bullish target</td><td>$3,400-$5,000</td></tr></tbody></table><blockquote><p>Hanging onto the $1,825 support remains key for Ethereum as it sets its sights on $2,000 and possibly higher, though a failure to hold may trigger a return to June lows near $1,505.</p></blockquote><blockquote><p>Technical models project that while $2,100 could be reached during the current rebound, rejection at that level may open the door for a deeper correction before any potential move toward all-time highs.</p></blockquote><p>The post <a href="https://en.coin-turk.com/ethereum-holds-1825-support-as-analysts-debate-2100-and-2500-targets/" rel="noopener noreferrer nofollow">Ethereum holds $1,825 support as analysts debate $2,100 and $2,500 targets</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Ethereum holds $1,825 support as analysts debate $2,100 and $2,500 targets

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