{"id":5639,"date":"2025-07-04T05:00:22","date_gmt":"2025-07-04T05:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-price-gathers-strength-bulls-prepare-for-upside-extension\/"},"modified":"2025-07-04T05:00:22","modified_gmt":"2025-07-04T05:00:22","slug":"ethereum-price-gathers-strength-bulls-prepare-for-upside-extension","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-price-gathers-strength-bulls-prepare-for-upside-extension\/","title":{"rendered":"Ethereum Price Gathers Strength \u2014 Bulls Prepare for Upside Extension"},"content":{"rendered":"<p><em>Ethereum price started a fresh increase above the $2,450 zone. ETH is now back above $2,550 and might soon aim for more gains.<\/em><\/p>\n<ul>\n<li>Ethereum started a fresh increase above the $2,550 level.<\/li>\n<li>The price is trading above $2,575 and the 100-hourly Simple Moving Average.<\/li>\n<li>There is a short-term rising channel forming with support at $2,570 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term.<\/li>\n<\/ul>\n<h2>Ethereum Price Eyes More Gains<\/h2>\n<p>Ethereum price started a fresh increase above the $2,450 zone, like Bitcoin. ETH price gained pace for a move above the $2,550 resistance zone and entered a positive zone.<\/p>\n<p>The bulls were able to push the price above the $2,620 resistance. However, there was no upside extension. A high was formed near $2,636 and the price corrected some gains. There was a move toward the 23.6% Fib retracement level of the upward move from the $2,373 swing low to the $2,636 high.<\/p>\n<p>Ethereum price is now trading above $2,560 and the 100-hourly Simple Moving Average. Besides, there is a short-term rising channel forming with support at $2,570 on the hourly chart of ETH\/USD.<\/p>\n<p>On the upside, the price could face resistance near the $2,625 level. The next key resistance is near the $2,640 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-783148\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Ethereum_3cafcb.png?resize=1024%2C479\" alt=\"Ethereum price \" width=\"1024\" height=\"479\" \/><\/p>\n<p>An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone or even $2,800 in the near term.<\/p>\n<h2>Another Decline In ETH?<\/h2>\n<p>If Ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,570 level. The first major support sits near the $2,520 zone.<\/p>\n<p>A clear move below the $2,520 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350.<\/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 $2,520<\/p>\n<p>Major Resistance Level \u2013 $2,620<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh increase above the $2,450 zone. ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,575 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2,570&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5640,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-5639","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\/5639","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=5639"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5640"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}