Ethereum technical analysis: ETH/USD the next range breakout could be big

Ethereum price is nursing losses of over 3% in the second part of Tuesday, as the bears hold control.
ETH/USD is stuck within a daily range, to a low of $220, to a high $280.
Price action has breached a near-term wedge structure seen via the 60-minute.

Ken Chigbo Independent Analyst

Spot rate: 239.43

Relative change: -3.55%

High: 248.95

Low: 238.25

ETH/USD

Overview
Today last price	239.95
Today Daily Change	-7.98
Today Daily Change %	-3.22
Today daily open	247.93

Trends
Daily SMA20	254.35
Daily SMA50	215.48
Daily SMA100	182.41
Daily SMA200	151.88

Levels
Previous Daily High	248.2
Previous Daily Low	227.58
Previous Weekly High	274.16
Previous Weekly Low	234.2
Previous Monthly High	288.43
Previous Monthly Low	159.05
Daily Fibonacci 38.2%	240.33
Daily Fibonacci 61.8%	235.46
Daily Pivot Point S1	234.27
Daily Pivot Point S2	220.62
Daily Pivot Point S3	213.65
Daily Pivot Point R1	254.9
Daily Pivot Point R2	261.86
Daily Pivot Point R3	275.52

ETH/USD 60-minute chart

The bears have smashed out from a rising wedge structure, seen via the 60-minute view.

ETH/USD daily chart

Price action via the daily chart view is moving within a range, the next breakout should bring further commitment.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

XRP holds $1.40 amid ETF inflows and stable derivatives market

Ripple trades under pressure, with immediate support at $1.40 holding at the time of writing on Tuesday. A recovery attempt from last week’s sell-off to $1.12 stalled at $1.54 on Friday, leading to limited price action between the current support and the resistance.

Crypto Today: Crypto market holds $2.4 trillion as bearish sentiment persists around Bitcoin, Ethereum, XRP

The Crypto King, Bitcoin, is constrained below $70,000, with the price holding around $69,000. Altcoins, including Ethereum and Ripple, exhibit technical weakness but are holding above key support levels at $2,000 and $1.40, respectively.

Aster tests resistance as whale activity, perpetuals volume surge

Aster (ASTER) edges higher by over 7% at press time on Thursday, crossing above its 200-period Exponential Moving Average (EMA) on the 4-hour chart while testing a long-term resistance trendline on the daily.

Bitcoin slips below $69,000 as crypto market shows cautious stabilization

Bitcoin price is nearing the lower consolidation boundary, trading below $69,000 at the time of writing on Tuesday. A breakdown below this key level would suggest a correction toward $60,000. However, institutional and corporate demand support a short-term stabilization in BTC.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.