Ethereum Price Prediction: Where Is ETH Headed If $2K Support Is Lost for Good?

Ethereum’s recovery attempt is losing momentum again. The price is slipping back after failing to sustain strength near the key $2.4k resistance zone.

Key takeaways

Quick scan — what you need to know:

• Ethereum’s recovery attempt is losing momentum again.
• The price is slipping back after failing to sustain strength near the key $2.4k resistance zone.
• The broader context remains a market trying to stabilize after a sharp downtrend, but repeated rejections on rallies and growing concerns over the war in the Middle East continue to highlight weak…
• Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH remains firmly below the 100-day and 200-day moving averages, which are located around the $2.5k and $3.1k levels, respectively.

Background

What led here, in plain terms:

• Both moving averages are trending downward and acting as dynamic resistance overhead.
• The overall structure is also still characterized by lower highs, and the recent bounce has not been strong enough to break out of the descending channel pattern.
• The price recently pushed into the $2.4k supply zone but failed to hold, reinforcing this region as a key resistance cluster.
• This area aligns with a bearish order block and continues to attract selling pressure.

Why it matters

Why readers and decision-makers should care:

• appeared first on CryptoPotato.
• Ethereum’s recovery attempt is losing momentum again.
• The price is slipping back after failing to sustain strength near the key $2.4k resistance zone.