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Coinpaper 2026-05-03 12:11:21

Ethereum Price Prediction: ETH Bulls Face $2,365 Weekend Test

ETH is trading at a key decision point, with charts showing resistance between $2,290 and $2,365 and a median range level that bulls need to hold as support. A clean move above resistance could open the way toward the upper range, while a failed support flip may send ETH back toward lower levels. ETH Price Tests First Resistance Zone as Weekend Range Takes Shape ETH is testing its first short-term resistance zone between $2,290 and $2,365, according to the 1-hour ETH/USD chart shared by MCO Global DE. The chart shows ETH recovering from this week’s low, but MCO Global DE said the move still appears to be a three-part structure. That means the bounce has not yet confirmed a stronger impulsive breakout. ETH Weekend Resistance Zone. Source: MCO Global DE The red resistance box sits around the key Fibonacci levels marked on the chart. These include the 38.2% level near $2,290, the 50% level near $2,312, the 61.8% level near $2,334, and the 78.6% level near $2,365. For the weekend, this zone remains the main area to watch. MCO Global DE said ETH will likely stay inside or below this resistance area during the weekend. If ETH breaks above $2,365, the chart points toward the descending yellow trendline as the next major test. That trendline has capped the wider structure and still acts as overhead resistance. However, if ETH fails to hold the current bounce, the lower support area remains important. The chart marks downside Fibonacci levels near $2,240, $2,178, $2,119, and $2,037. ETH Price Reaches Critical Median Range as Bulls Need Support Flip ETH is sitting near a key mid-range level on the 2-hour ETH/USD chart shared by Castillo Trading. The chart shows ETH testing the Median ML area around the middle of the range. Castillo Trading said ETH needs to turn this level into real support to open a move toward premium prices and the upper limit. ETH Median Range Test. Source: Castillo Trading The blue support box sits near the median area, while price is trying to hold above it. If buyers defend this zone, ETH could bounce toward the upper part of the range. The chart marks premium territory above the median, with the upper limit sitting near the $2,600 area. A stronger move could then target the red nPOC level near $2,735. However, ETH remains at a decision point. If price loses the median level, the chart suggests a move back toward the lower range becomes more likely. The downside levels include the red nPOC areas near $2,082, $2,057, $1,903, and $1,826. The lower limit sits near the $1,800 zone.

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