Ethereum Pushes Past $2,550—What’s Next?
Ethereum’s price is climbing again, and this time it’s holding steady above $2,550. After a shaky few weeks, ETH seems to have found some footing, though whether this uptick has real staying power is still up in the air.
The move past $2,450 was a good start, but breaking through $2,550 was the real signal that buyers were stepping back in. For a minute, it even looked like ETH might push toward $2,650—hitting a high near $2,636—before pulling back slightly. Not a huge drop, but enough to remind everyone that crypto moves in waves, not straight lines.
Right now, the price is hovering above $2,570, and there’s a short-term upward channel forming on the hourly charts. That could mean more gains if the support holds. Then again, crypto charts have a way of making patterns look obvious—until they’re not.
Where Does Ethereum Go From Here?
If ETH stays above $2,520, the next test is $2,620. Clear that, and $2,640–$2,650 becomes the next target. Beyond that? Maybe $2,720, or even $2,800 if things really pick up steam. But that’s a big “if.”
The problem is, every time Ethereum looks ready to run, it hits a wall. The $2,620–$2,650 zone has been tough to crack, and until it does, the upside feels limited. Traders seem cautious, and the MACD—while still in bullish territory—is losing a bit of momentum.
On the flip side, if ETH slips below $2,570, things could get shaky. The $2,520 level is the first real support, followed by $2,500. If those don’t hold, we might be looking at a drop toward $2,420 or even $2,350. Not the end of the world, but definitely a setback for anyone betting on a quick rally.
The Bigger Picture
It’s hard to ignore Bitcoin’s influence here. ETH often follows BTC’s lead, and right now, both are trying to claw back from recent dips. The difference? Ethereum’s got its own set of hurdles—network upgrades, gas fees, the whole DeFi ecosystem—that can push or pull the price in ways Bitcoin doesn’t deal with.
For now, the RSI is holding above 50, which suggests there’s still some buying interest. But with crypto, that can change fast. One sharp move—good or bad—and the mood shifts entirely.
So, is Ethereum setting up for a bigger jump? Maybe. Or maybe it’s just catching its breath before the next drop. Either way, $2,500–$2,650 is the range to watch. Breakouts or breakdowns from here could decide the next leg.
