Momentum

Ethereum

Resistance

Major

<ul>
 <li>Ethereum transactions above $1M rose from 1,202 to 7,113, while whales accumulated over 320,000 ETH worth $864M.</li>
 <li>More than 13.3M ETH previously traded between $2,722 and $2,822, creating a major resistance zone for ETH.</li>
 <li>ETH trades near $2,648 after rejecting $2,700, with $2,600 as immediate support and 2,500-2,550 below.</li>
</ul>
<p>Ethereum whale activity has surged as large holders accumulated more than $864 million in ETH over the past week. Analyst Ali Charts <a href="https://x.com/alicharts/status/2104213089268764885?s=20" rel="noopener noreferrer nofollow">reported</a> that transactions exceeding $1 million increased nearly 500%, rising from 1,202 to 7,113. However, Ethereum continues to face resistance between $2,722 and $2,822, where substantial trading activity previously occurred.</p>
<h2 class="wp-block-heading" id="strong-whale-transactions-jump-nearly-500-strong"><strong>Whale Transactions Jump Nearly 500%</strong></h2>
<p>According to Ali Charts, <a href="https://cryptofrontnews.com/ethereum-breakout-holds-as-analysts-watch-2800-zone/" rel="noopener noreferrer nofollow">Ethereum</a> recorded a sharp increase in high-value transactions over the past week. Transactions worth more than $1 million climbed from 1,202 to 7,113, marking a nearly 500% rise.</p>
<p>Notably, the increase coincided with accumulation among large holders. Whales added more than 320,000 ETH, valued at approximately $864 million at current prices.</p>
<figure class="wp-block-embed is-type-rich is-provider-x wp-block-embed-x">
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  https://twitter.com/alicharts/status/2104213097040777663?s=20
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</figure>
<p>This accumulation comes as Ethereum trades below a major resistance zone identified by the analyst. Ali Charts placed that supply wall between $2,722 and $2,822, where more than 13.3 million ETH previously changed hands.</p>
<h2 class="wp-block-heading" id="strong-2-822-resistance-remains-a-major-barrier-strong"><strong>$2,822 Resistance Remains a Major Barrier</strong></h2>
<p>Ali Charts identified the 2,722–2,822 range as Ethereum’s main obstacle to further gains. The analyst noted that several failed breakout attempts could occur before <a href="https://cryptofrontnews.com/analysts-eye-3000-ethereum-target-as-eth-gains-60-in-q3/" rel="noopener noreferrer nofollow">ETH</a> decisively clears the zone.</p>
<p>Beyond this range, Ali Charts highlighted resistance near $2,970 and $3,366. The analyst described these levels as comparatively smaller hurdles, while emphasizing the importance of breaking through the existing supply wall.</p>
<p>Meanwhile, Ethereum’s four-hour chart shows a pullback after its recent recovery. ETH rose from around 2,380–2,400 on September 16, reaching approximately 2,750–2,780 on September 21–22.</p>
<h2 class="wp-block-heading" id="strong-eth-pullback-tests-2-600-support-strong"><strong>ETH Pullback Tests $2,600 Support</strong></h2>
<p>Ethereum recently traded at $2,648.28 after failing to hold above $2,700. The price had previously broken through $2,500 and $2,600 during <a href="https://cryptofrontnews.com/ethereum-eyes-2550-as-whale-opens-100m-eth-long/" rel="noopener noreferrer nofollow">a volume-backed advance</a>. The $2,600 level now represents immediate support, while a deeper decline could expose the 2,500–2,550 range. A move above $2,700 could bring 2,750–2,800 back into focus.</p>
<figure class="wp-block-image size-large"><img src="https://cryptofrontnews.com/wp-content/uploads/2026/09/ETHUSD_2026-09-28_12-01-39-1-1024x724.png" alt="">
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  Source: <a style="font-size: 0.875em; display: inline !important;" href="https://www.tradingview.com/x/mZPkC1Mg/" rel="noopener noreferrer nofollow">TradingView</a>
 </figcaption>
</figure>
<p>Momentum indicators show some weakness. The RSI is at 40.25, below its moving average of 49.21, while remaining above the oversold threshold of 30. The MACD line is at -5.82, compared with a -6.43 signal line, and its histogram reads +0.60.</p>

Ethereum Whales Add $864M as Price Faces Key Resistance

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