ETH also breakout the resistance zone and now trading near $2330

[kumar009854]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

[1714971888]

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[1714971888]

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[zanezane]

Finally the ETH that I am hodling for about a month now is going to go up and have me get some big profit since I bought it at a really low price. Hopefully we get to see ETH get to another all time high before the end of the year together with bitcoin.

[cheezcarls]

ETH is what I am holding mostly in my portfolio. It’s just sad that I didn’t sell it when it peaked around $4K, and could have bought back at cheaper price. But I was greedy lol. I am not sure if this recent breaking of resistance would signal a slow and smooth bull run. It could be a bull trap, but I’m not sure. It’s just my opinion. It would be interesting where would ETH go this weekend. Maybe a lil’ pullback or hanging on above $2,300? We’ll see.

[gabbie2010]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

Ethereum did pumped very well in the last few days I think the broken resistance wasn't too strong however the price is presently testing a stronger support at  $2340+ probably if the price pullback to retest the resistance turned support at $2270 the price will breakthrough the resistance and head to $2600  possibly with Bitcoin also undergoing a bullish run these technical analysis are subject to non release of any negative fundamental news, that is the major mover of the price in the crypto market.

[DarkIT]

Finally the ETH that I am hodling for about a month now is going to go up and have me get some big profit since I bought it at a really low price. Hopefully we get to see ETH get to another all time high before the end of the year together with bitcoin.

The trusted coin will sustain for longer period.So only they called as trusted coin.Ethereum is one of good potential coin. You made a good move in a trading.Because patience is needed one trading. Most people do panic selling and get into the loss. Buying at the dump is also important one to get profit.

[teosanru]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

I don't see a lot of bullish signs in the markets as of now. Even a slightest of green move is met by a lot of sellers and leads to red candles. I think unless BTC crosses 40K area. I don't think alts will get any volume. If you compare the current scenario of market with April volumes have gone so down. To pump the price back up by that much there needs to be a hell lot of volume in the market. Eth isn't even getting 30% volumes of what it was getting at around all time high.

[crzy]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

We're on a good recover right now and almost all the good coins are doing great today. If we are able to beat more resistances then we might end this sideways early and go to another bull run. Hopefully this is not a bull trap since the volume are convincing, we might end this month at a higher note as we welcome the ghost month where usually the price dumps, we will see.

[AmoreJaz]

ETH is what I am holding mostly in my portfolio. It’s just sad that I didn’t sell it when it peaked around $4K, and could have bought back at cheaper price. But I was greedy lol. I am not sure if this recent breaking of resistance would signal a slow and smooth bull run. It could be a bull trap, but I’m not sure. It’s just my opinion. It would be interesting where would ETH go this weekend. Maybe a lil’ pullback or hanging on above $2,300? We’ll see.

don't regret yet because this coming month, Aug 4 - ETH is expected to launch their London Hard Fork (EIP 1559 & 3554) . so your patience may paid off after all. just don't lose hope as eth has very active development and the difference with other alts is that they really do accomplish things here. it can easily go above 3k or more once they deployed these protocol updates.
and if btc will also be bullish, i am sure eth will also follow the btc trend and alongside with hard fork update, it will definitely be a good market value for eth

[Hypnosis00]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

The pumped that we have because of Bitcoin is rallying high again, in fact, not only ETH did follow but most of the altcoins are also recovering. But we shouldn't be confident that it keeps moving high after breaking the resistance like we think it goes back to bullish again. No, and we should be careful buying this time as might the trap is set up by the whales.

This gonna be the opportunity for the holder to make a profit from the unpredictable pumps but this is not a buying opportunity. We have to wait when it drops back as the trend is still moving up and down.

[lalabotax]

Currently, the market is likely getting better although it is still risky enough and sometimes uncertain.
However, at least, there are some increases in some altcoins that can make the market going green.
In this case, Ethereum itself becomes one of the altcoins that becomes the most focused altcoin to have. And hopefully, after breaking this resistance, the price will go up again and again. I really hope that this bearish market will end and jump to another bullish market although in one year.

[Johnyz]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

Too early to say a bull trend but it’s good that the market recovers already and now slowly going back to the top. So happy to buy ETH on its lowest price, there’s always a hope with the top project especially with ETH. We might see $2,500.00 this month it’s good if you can still buy because if we can break the resistance, the trend is confirmed.

[TravelMug]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

Too early to say a bull trend but it’s good that the market recovers already and now slowly going back to the top. So happy to buy ETH on its lowest price, there’s always a hope with the top project especially with ETH. We might see $2,500.00 this month it’s good if you can still buy because if we can break the resistance, the trend is confirmed.

Exactly, and just like bitcoin price movement, it didn't have enough momentum for a break out run.

I would say that we are still in the bearish cycle, but not that deep that we can't get up and resume the bull run. It's that it's too early to call that we are in full blast bull run just because a certain resistance has been broken. It should maintain at the price level for at least a week. But we didn't see that, after breaking, the price goes down again. So the sideway patterns might continue though.

[ethereumhunter]

If we see a retest again and make the price down, I am ready to buy some ethereum after I sold it before. Hopefully, this month can bring a good profit and we will see bitcoin can come back and increase higher to impact ethereum to follow behind bitcoin. I am sure ethereum can increase slowly.
But reaching the next highest price will still difficult because the price does not break $3000. But yes, ethereum still has many times to increase, so we can try to have more ethereum by now.

[Ararbermas]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

ethereum right now seems stilll no strong support mate and it's showing a consecutive false break out in the chart, and in my view it can't even reach the new resistance which is around $2600 for how how many attempts. So IMO this results still not enough reason to buy back again, wherein we need to wait fore more results or wait until it passed to the resistance and it shows a potential to exceed more to assure everything will gonna be alright afterwards. Maybe we may see a small changes in it as it showing green on the trading volumes (24hrs) but this still not enough reason in my personal opinion..

[DU18]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

Ethereum today is trading at a price range of $2,134.58 to $2,322.56 and there is a decline in price of almost 7.8% compared to the price that occurred yesterday and as a result the movement of the downward trend in the price of ethereum has reduced the market capitalization of Ethereum to fall quite dramatically in the current market and I don't think an up trend will occur in the near future, but in my opinion, if ethereum succeeds in breaking out line price, of course, it is very likely that the price of ethereum will be able to strengthen further so that it can move towards resistance at US$2,800 later, I totally agree with your opinion, because I also think that ethereum is consolidating after the massive sell-off last May.

[justdimin]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

Okay, that may a good news. I haven’t been checking my wallet to know the prices of cryptocurrencies that I have bought since price went down. Just checked it after I came across this thread, and I even noticed that BTC also went up to an extent, more than what I saw a week before now. That’s really good.

As of recent I stopped bothering myself about the price of Bitcoin and every other assets there is in the market, I have already made some profit and after investing again, I felt it’s best that I focus on other things and nit bother much about what my portfolio says. Though most times when I come to the forum I feel pushed to check.

[unusualfacts30]

ETH has been destabilized from its past movement due to weekly market situation. We are hoping that condition will improve later today as market we move to weekly upward trend. There is another good news coming on August 4th that would take eth price to above $3k in my view. August 4th news was supposed to happen in July, if that had happened we would've already touched 27k by now. ETH provides great opportunities for investors to benefit from the situation by increasing their holdings before big news.

[nira09]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

I also hope that the uptrend for ETH will arrive soon, but it looks like ETH will still be sideway between the price of 2,020 USD to 2,400 USD, the increase in ETH price has not been accompanied by an increase in ETH trading volume, If the price is rising and trading volume is rising, maybe this could be a sign uptrend starts

[sulis sudibyo]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

in the next few weeks we will see whether eth is able to overcome resistance or not. but I personally hope eth can, because this will give more impetus to the market. if eth can, the market will become even more excited and may break the current sideways trend.

[el kaka22]

This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

Sad that it is already down, I was expecting it to go up a little bit more before it started to fall but it is already under 2.2k once again. I think in order to see over 3k again we will need to wait a bit more. I hope that this upcoming eip 1559 will make things a lot easier for people, and should see ethereum going up in the price as well. I know it is not easy to skyrocket in a day but after that the gas fee will be much much cheaper and people will start to use it again.

I am feeling like even I will start using it when it becomes cheaper and that means that I will have a chance to sell all the dust coins I have, I used to have around 200 dollars worth of them but since it was nearly 40 bucks for moving just one of them and usually they didn't worth that much I had to keep them. With lower now I sold some of them and with even lower I will sell the rest. Which means I will be more invested into ethereum itself.