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24.12.2025 04:31 PM
Ethereum is trading around $2,928, below the 21 SMA and awaiting a technical rebound as positive signals are observed for the coming days.
In the coming hours, we could look for opportunities to buy Ether if the price consolidates above $2,900, then it could reach $2,979 or even reach the 200 EMA around $3,081.
According to the H4 chart, a symmetrical triangle pattern is forming, so a break above this pattern could confirm the upward movement, and a break below $2,875 could confirm the downward movement.
The Eagle indicator is showing a positive signal, so any pullback will be seen as an opportunity to open long positions for the coming days.
A consolidation above the psychological level of $3,000 could favor a recovery, and Ethereum could reach the 3/8 Murray at $3,437.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
