Ethereum Price Prediction: $3K Is Still in Play, But ETH Must Clear This Key Hurdle First

Ethereum’s rally has stalled beneath a key supply zone, with тхе ассет trading slightly above $2.7K as buyers attempt to preserve the recent bullish structure. The broader recovery remains intact, but weakening short-term momentum leaves the market vulnerable to a deeper pullback before another breakout attempt. Ethereum Price Analysis: The Daily Chart On the daily timeframe, Ethereum has entered a consolidation phase after its strong advance from the $1.85K–$1.92K support zone. The rally briefly pushed toward $2.8K, but selling pressure around the $2.68K–$2.77K resistance zone prevented a sustained breakout. Recent candles are clustered near the lower boundary of this zone, suggesting that buyers have yet to absorb the overhead supply. Nevertheless, the broader structure remains constructive. ETH continues to trade above the rising trendline, and both displayed moving averages, with the yellow average crossing above the orange average around $2.1K. This bullish crossover supports the recovery outlook, although the RSI has eased toward 60, indicating that momentum has cooled while remaining above neutral. A sustained breakout above the $2.77K resistance boundary and the recent $2.8...