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Ethereum Price Prediction: Will Ethereum Coin Hold the $2,400 Support?

  • Ethereum is trading around $2,427.5, with key support at $2,400 and resistance at $2,466.1.
  • The price is struggling to surpass the $2,535 resistance, indicating limited upside momentum without strong bullish support.
  • Technical indicators like RSI and Moving Averages suggest a neutral to bearish bias as the price consolidates below the 200 EMA.
  • Traders are advised to watch for a breakout above $2,466 for bullish momentum or a drop below $2,400 for further downside potential.

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