Ethereum Price Prediction: ETH Failed at $2.8K – Which Levels Matter Now?

Ethereum is consolidating after a sharp recovery from the $1.5K area and a subsequent breakout above the $2.1K region. The second-largest crypto asset is now trading around $2.64K, with the latest pullback occurring directly inside a major resistance zone. The broader structure remains constructive, although short-term momentum has weakened following the rejection near $2.8K. Ethereum Price Analysis: The Daily Chart The daily chart shows a clear structural improvement from the June low near $1.5K. ETH subsequently established higher lows and pushed through the $2K-$2.1K area after accelerating higher in August. The latter part was the strongest structural move, but it has led to consolidation in September, which has become an important reference for the current trend. ETH recently pushed toward $2.8K before reversing. The current level at around $2.64K is therefore sitting inside the marked $2.6K-$2.7K resistance zone. A sustained daily close above this area would strengthen the breakout structure and leave the $3K region as the next immediate resistance. On the downside, the first important support is around the same consolidation area at $2.4K-$2.5K. A deeper correction, however,...