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

[Oceat]

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.

I don't think you could just easily predict the price just like that and thinking it would happen next week or so soon? With the strong volatility in this market, no one can certainly tell what could be the next price on a specific day you want. I think the price would move downward in the next few weeks based on the price movement of ETH.

What possibly could happen if the market creates a fud again that might make a change in the price again. Thinking that it did stopped to $1700, what do you think would happen if it below $2k this time?

[Woodie]

This has been a long time coming  after a long bearish spell and tbh am now looking forward to seeing Ethereum breaking the $3000 barrier....of course it won't happen immediately but this is were we headed from the look of things!

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

All roads are pointing upwards but I don't see it being limited with this range as we should be above this afaik.

[ven7net]

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.

Indeed, this can be, however, you need to understand exactly that the market is now in a position where it is difficult to predict something. You should have noticed how the price of ETH and other top cryptocurrencies behaves a little strangely. There is a high probability that this is a game of large players and their task is to reduce the price of ETH and buy more coins from people with weak hands. I also noticed that there is positive information on ETH and it follows from it that ETH may in the future overtake BTC and become exactly the cryptocurrency that will be used in the world. Of course, such news is encouraging, but we also know that news is not an indicator for action. Personally, I have now decided to just hold my ETH and give up trading. I'll just watch the situation in the crypto market.

[BuNga_cute]

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.

Indeed, this can be, however, you need to understand exactly that the market is now in a position where it is difficult to predict something. You should have noticed how the price of ETH and other top cryptocurrencies behaves a little strangely. There is a high probability that this is a game of large players and their task is to reduce the price of ETH and buy more coins from people with weak hands. I also noticed that there is positive information on ETH and it follows from it that ETH may in the future overtake BTC and become exactly the cryptocurrency that will be used in the world. Of course, such news is encouraging, but we also know that news is not an indicator for action. Personally, I have now decided to just hold my ETH and give up trading. I'll just watch the situation in the crypto market.

With the current market conditions it is very difficult to predict where Ethereum will move and I agree that trading Ethereum is very risky.
It's safer for now holding Ethereum, waiting for the market to recover. Ethereum is undoubtedly the best altcoin, but in the future Ethereum
will overtake Bitcoin I doubt it. Because Bitcoin has a performance and popularity that is very difficult for any altcoins to match, even now
Bitcoin has always dominated the market.

[otundebis]

It seem graph charting and technical tools might not be accurate at this time as Cryptocurrency market is unpredictable.  Bear market has certainly set in and in my experience,  market cap will only dip from here affecting all coin prices on Cryptocurrency market.

[TimeTeller]

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.

Indeed, this can be, however, you need to understand exactly that the market is now in a position where it is difficult to predict something. You should have noticed how the price of ETH and other top cryptocurrencies behaves a little strangely. There is a high probability that this is a game of large players and their task is to reduce the price of ETH and buy more coins from people with weak hands. I also noticed that there is positive information on ETH and it follows from it that ETH may in the future overtake BTC and become exactly the cryptocurrency that will be used in the world. Of course, such news is encouraging, but we also know that news is not an indicator for action. Personally, I have now decided to just hold my ETH and give up trading. I'll just watch the situation in the crypto market.

With the current market conditions it is very difficult to predict where Ethereum will move and I agree that trading Ethereum is very risky.
It's safer for now holding Ethereum, waiting for the market to recover. Ethereum is undoubtedly the best altcoin, but in the future Ethereum
will overtake Bitcoin I doubt it. Because Bitcoin has a performance and popularity that is very difficult for any altcoins to match, even now
Bitcoin has always dominated the market.

I think, there's no need for ETH to surpass BTC. But carve their own path.
With the upcoming hard fork this August, high likely that it will influence the price of ETH in the market.
ETH has one of the solid teams out there that are continuously innovating their network.
So the possibility of further increasing its current value is pretty high.
It has sustain its price level above 2k despite of the correction happened to btc.

[Naficopa]

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.

This is a great moment in whole cryptocurrency market! In my opinion, Ethereum will be able to chase Bitcoin immediately after switching to PoS, i.e. break the iron rule that all alts are chasing BTC. I think that the next trend for the new ATH will not be the BTC rate, but the ETH rate. Fingers crossed guys! HODL ETH!

[bluebit25]

I have seen the market in the last few hours have seen the growth of many projects and BTC again.
With ETH, it is not too difficult for it to increase with the upcoming information surrounding the project. Although quite happy with these current changes, I think the market will still need more time to create more pressure on holders.

[cryptoaddictchie]

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.

That would be interesting to watch actually. Market still on sideways and I am looking forward too to see if eth can really go for 10k this year. This could be next to impossible but if btc can go 100k then eth can also build that kind of momentum. If this happened Im sure alts will fly too and expect major coins to follow on that trend.

[tvplus006]

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.

Given the fact that all altcoins are moving behind bitcoin, the direction of movement of Ethereum will depend on the movement of BTC. And as long as the price of BTC is still in the range of 30-40 thousand dollars, you should not expect that the price of ETH will start to grow rapidly.

[Pierre 2]

And... it goes away. In current market shape anything bullish will be hard to happen. There will be green days of Ethereum for sure but it won't be like 2 weeks straight green. There won't be anything like %20 increase at once. Every increase is miniscule.

[cheezcarls]

The latest development of Ethereum is to launch their upcoming London hard fork. However, we don't know if this is going to break Ethereum's current resistance that is $2,400? Or are we gonna experience another short term setback? The thing is that we can't simply predict the market's movement. Even if there's a great upcoming development, there are no such guarantees about the price movement. Either it will go up or down.

[Boov]

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.

Eth never goes down that bad just like the other altcoins, and despite of downfall of btc it kept a stabilized price. Even though the retest seems to be fluctuating, but that doesn't disappoint every holder because eth live trading was within a good control. After this current challenges, domino effect will come when btc soon have a second highest price.

[husdemba]

Volume has been very low in the cryptocurrency markets lately. Analysis of Ethereum and other coins is often misleading. The volume is very low, so the whales move very easily. Ethereum is currently around $2100 and it is very difficult to predict its price future 

[accounting 181293]

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.

do not be too optimistic, because the current market is difficult to predict. maybe eth is approaching resistance, but that could be a false signal. if you have to wait longer to prove that ethereum has started to recover.

[adaseb]

ETH on the daily chart looks horrible. Basically we have support at $1700 which held however last time we bounced from there we had a week bounce and only reached $2400 instead of retesting the prior pivot of $3000.

The way its trading currently looks like it will go and test $1700 again and most likely it'll hold, at least if there is low volume however I am pretty sure it'll end up breaking down. And also looking at the ETHBTC chart it confirms this. Basically 0.055 was support which held however each time it failed to make a higher high. Most likely 0.055 will break and the dominance will be on bitcoins side and most alts will also start to bleed.

With bitcoin its hard to say. Could go either way. I think it might hold the $30K and go to like $50K before going back to $30K, breaking it and heading to like $20k-$25k or so. Either way. Won't happen until maybe Sept. Right now there is no volume.

[peter0425]

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.

But again fell down to almost under 2k  https://coinmarketcap.com/currencies/ethereum/

This is what the movement now and i believe we are not getting any higher in the next months now.

It's quite hard for big volume coin like ETH, we need to wait bitcoin bullish first before big alts pumping. Bitcoin's price looks stagnan in current time, the whales are playing with low volume alts to get profits, just buy some of ETH and hold until bitcoin next wave bullish

Or we must wait for the 2.0 version to finally releae .

[killerfrost]

Information about upcoming updates is contributing to the momentum for ETH to have growth again. Moreover, I also think that the market has dropped too suddenly recently and now will be the time to grow again. The market will be bustling again in August, that's my opinion.

[LUCKMCFLY]

In the last hours there has been a very strong selling pressure, there is talk that they can lower the price to the levels of $ 1700, although it is a bit exaggerated it is a possible scenario, the bulls of BTC have not yet manifested themselves:

The sellers are currently attempting to sink the ETH/USDT pair below the psychological support at $2,000. If they manage to do that, the pair may drop to $1,728.74. A break below this support could signal the resumption of the downtrend.

Source: https://cointelegraph.com/news/price-analysis-7-12-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

It could be said that whenever BTC rises ETH also does so and with a higher percentage of profit, but when BTC is in correction ETH also suffers a lot, for now it is better to be patient and not sell.

[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.

I don't think you could just easily predict the price just like that and thinking it would happen next week or so soon? With the strong volatility in this market, no one can certainly tell what could be the next price on a specific day you want. I think the price would move downward in the next few weeks based on the price movement of ETH.

What possibly could happen if the market creates a fud again that might make a change in the price again. Thinking that it did stopped to $1700, what do you think would happen if it below $2k this time?

you seem to have forgotten that next month ethereum will be doing an update that is the london hardfork. because of this I believe the price of ethereum will go up. isn't it just me who has predictions like this. a lot of people think a later hard fork could trigger a recovery in the price of ethereum. regardless of the current FUD, the hard fork will have a great chance to increase the price of ethereum.