{"id":34241,"date":"2025-06-29T09:01:38","date_gmt":"2025-06-29T09:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34241"},"modified":"2025-06-29T09:01:38","modified_gmt":"2025-06-29T09:01:38","slug":"ethereum-holding-above-key-support-on-daily-chart-eyes-set-on-breakout","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34241","title":{"rendered":"Ethereum Holding Above Key Support On Daily Chart \u2014 Eyes Set On Breakout"},"content":{"rendered":"<div>\n<p>Ethereum\u2019s daily chart is showing signs of strength, with price action consolidating above the support level and momentum indicators holding steady. The structure suggests that <a href=\"https:\/\/x.com\/TradeWithARZ\/status\/1938797108296860142\" target=\"_blank\" rel=\"noopener nofollow\">ETH is building a solid foundation for its next move<\/a>.<\/p>\n<h2><b>Break Above Resistance Could Trigger Fresh Rally<\/b><\/h2>\n<p>ARZTrader <a href=\"https:\/\/x.com\/TradeWithARZ\/status\/1938797108296860142\" target=\"_blank\" rel=\"noopener nofollow\">published<\/a> an update on X, outlining that the <a href=\"https:\/\/bitcoinist.com\/ethereum-price-by-whales\/\" target=\"_blank\" rel=\"noopener \">Ethereum price<\/a> is holding above the key support zone at $2,415. This level is acting as a solid foundation as the price consolidates below the 21 Exponential Moving Average (EMA).\u00a0<\/p>\n<p>ARZTrader is watching closely for a daily close above the 21 EMA and the 2 Fair Value Gap (FVG) zones, signaling strong demand. If ETH confirms this<a href=\"https:\/\/bitcoinist.com\/ethereum-price-resume-downtrend-expert-bearish\/\" target=\"_blank\" rel=\"noopener \"> clean break<\/a>, ARZTrader expects a bounce toward the $2,740 to $2,900 range. With momentum building and technicals aligning, this could mark the beginning of Ethereum\u2019s next leg up.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-516282\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/Ethereum-chart-from-ARZTrader.jpg?w=512&amp;resize=512%2C279\" alt=\"Ethereum\" width=\"512\" height=\"279\"><\/p>\n<p><a href=\"https:\/\/x.com\/cryptowhitewalk\/status\/1938649850947740036\" target=\"_blank\" rel=\"noopener nofollow\">According<\/a> to Whitewalker, Ethereum\u2019s setup is bullish with a clean structure, and dips remain solid till the blue zone of $2,300 to $2,345, a support area that has consistently held. The next take-profit (TP) zone is between $2,914 and $3,014.\u00a0<\/p>\n<p>If it breaks above that resistance range, Whitewalker expects momentum to carry ETH toward a larger target zone of $3,900 to $4,100. Currently, ETH is trading and stuck at the 50 and 200 EMAs resistance. However, if the Golden Cross is confirmed, <a href=\"https:\/\/bitcoinist.com\/bullish-ethereum-price-10000\/\" target=\"_blank\" rel=\"noopener \">ETH could move sharply to the upside<\/a>.<\/p>\n<p>Ethereum is approaching a critical moment on the daily chart as price action tightens near the apex of a massive megaphone wedge formation. ETH is pressing against key EMAs around the $2,500 level.<\/p>\n<p>TWJ News <a href=\"https:\/\/x.com\/TronWeekly\/status\/1938583103133343893\" target=\"_blank\" rel=\"noopener nofollow\">mentioned<\/a> that a breakout above this wedge could ignite a rally, with upside targets ranging between $3,000 and $4,000. However, a drop below $2,360 would invalidate the bullish momentum, while <a href=\"https:\/\/bitcoinist.com\/ethereum-builds-critical-pattern\/\" target=\"_blank\" rel=\"noopener \">volatility is likely to surge ahead<\/a>.<\/p>\n<h2><b>Range Still In Play \u2014 Breakout Levels Clearly Defined<\/b><\/h2>\n<p>Technical expert and trader, Daan Crypto Trades, revealed that Ethereum has moved back into the $2,313 and $2,736 after a flush to the downside that cleared out liquidity and stop losses placed below the range, as observed in the 4-hour chart.<\/p>\n<p>Daan Crypto Trades <a href=\"https:\/\/x.com\/DaanCrypto\/status\/1938626536548020335\" target=\"_blank\" rel=\"noopener nofollow\">points<\/a> to $2,500 as the level where the majority of <a href=\"https:\/\/bitcoinist.com\/ethereum-price-slips-2500-volume-bearish-pressure\/\" target=\"_blank\" rel=\"noopener \">volume has been traded<\/a> and also marks the mid-range of the structure.\u00a0 As long as the price hovers around this area, the market remains balanced. A break above $2,500 could open the door for ETH to retest the $2,700 to $2,800 zone, which has been a resistance for too long.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/qBZtTAqA\/\" alt=\"Ethereum\" width=\"2084\" height=\"1242\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum\u2019s daily chart is showing signs of strength, with price action consolidating above the support level and momentum indicators holding steady. The structure suggests that ETH is building a solid foundation for its next move. Break Above Resistance Could Trigger Fresh Rally ARZTrader published an update on X, outlining that the Ethereum price is holding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34241","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34241"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34241\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}