{"id":5449,"date":"2025-06-24T05:00:26","date_gmt":"2025-06-24T05:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-rebounds-strongly-clears-2350-resistance-with-8-gain\/"},"modified":"2025-06-24T05:00:26","modified_gmt":"2025-06-24T05:00:26","slug":"ethereum-price-rebounds-strongly-clears-2350-resistance-with-8-gain","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-rebounds-strongly-clears-2350-resistance-with-8-gain\/","title":{"rendered":"Ethereum Price Rebounds Strongly, Clears $2,350 Resistance With 8% Gain"},"content":{"rendered":"<p><em>Ethereum price started a fresh increase from the $2,120 zone. ETH is now up over 8% and might face resistance near the $2,460 zone.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh upward move above the $2,200 level.<\/li>\n<li>The price is trading above $2,250 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh increase if it settles above the $2,460 resistance zone in the near term.<\/li>\n<\/ul>\n<h2>Ethereum Price Regains Traction<\/h2>\n<p>Ethereum price started a fresh increase from the $2,120 support level, like Bitcoin. ETH price was able to clear the $2,200 and $2,250 resistance levels to move into a positive zone.<\/p>\n<p>Besides, there was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH\/USD. The bulls even pushed the price above the 61.8% Fib retracement level of the downward move from the $2,568 swing high to the $2,114 low.<\/p>\n<p>Ethereum price is now trading above $2,300 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,440 level. The next key resistance is near the $2,460 level. It is close to the 76.4% Fib retracement level of the downward move from the $2,568 swing high to the $2,114 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-776755\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Ethereum_4a0255.png?resize=1024%2C479\" alt=\"Ethereum Price\" width=\"1024\" height=\"479\" \/><\/p>\n<p>The first major resistance is near the $2,500 level. A clear move above the $2,500 resistance might send the price toward the $2,550 resistance. An upside break above the $2,550 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,620 resistance zone or even $2,650 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,460 resistance, it could start a fresh decline. Initial support on the downside is near the $2,340 level. The first major support sits near the $2,320 zone.<\/p>\n<p>A clear move below the $2,320 support might push the price toward the $2,250 support. Any more losses might send the price toward the $2,150 support level in the near term. The next key support sits at $2,120.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now above the 50 zone.<\/p>\n<p>Major Support Level \u2013 $2,320<\/p>\n<p>Major Resistance Level \u2013 $2,460<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh increase from the $2,120 zone. ETH is now up over 8% and might face resistance near the $2,460 zone. Ethereum started a fresh upward move above the $2,200 level. The price is trading above $2,250 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5450,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-5449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=5449"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5450"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}