The surging pointers in the Ethereum price chart hint at a potential rebound in the upcoming sessions, with ETH holders turning confident about the altcoin’s future outlook. On the other hand, IntelMarkets’ viral AI coin has jumped by 340% in 7 days. This could drive the platform’s ongoing rally to new highs as IntelMarkets’ weekly signups cross 10,000 amid the presale hype.
Ethereum Price Analysis Indicate A Breakout Soon
After facing a pullback from recent highs, the Ethereum price has recently entered a consolidation phase. Currently, ETH is hovering around $1,810 with $220 billion of total market value. The Ethereum price recently found support at the $1,680 zone after it declined below key levels, with speculations about recovering the loss shortly.
This happened after the Ethereum price failed to maintain momentum above the $1,900 mark. Technical analysis indicates a connecting bearish trend line forming with resistance at $2,050 on the hourly chart. The Ethereum price is below $2,000 and the 100-hourly Simple Moving Average. ETH must overcome key resistance points to begin an upward move.
The first hurdle for ETH appeared at $1,860, which coincided with the 50% Fibonacci retracement level of the recent decline from $2,097 to $1,810. The $1,950 level represents the next major barrier. If buyers push Ethereum above this point, the next major hurdle would be at $2,100. A successful break above $2,100 could shoot ETH toward the $2,250 resistance.
ETH Weekly Pattern Looks Mirrors 2020 Structure, Analysts Say
Based on its current trading patterns, further upside might see ETH approach the $2,250 or even $2,320 zones in the upcoming sessions. However, failure to clear these resistance levels could lead to renewed selling pressure. ETH has initial support present at $1,750, with first major support at $1,680. Crossing these levels could launch the Ethereum price to new highs.
If ETH drops below $1,680, the Ethereum price might extend losses toward $1,520 and the trend line support. Further downside in the network could target the $1,480 and $1,310 levels. Some market analysts have identified patterns suggesting potential upward movement. One analyst pointed to a mitigation block around $2,064, often indicating strong buying interest.
IntelMarkets (INTL) In the Spotlight: Jumps 340% in 7 Days
With widespread optimism among investors, IntelMarkets (INTL) has shifted the attention of most traders through its recent surge observed by analysts. Reportedly, IntelMarkets has soared by 340% in the last 7 days, flipping the market giants with its fast-selling presale rush. The platform is gaining stronger response from ETH holders as its presale nears completion.
IntelMarkets has been in the spotlight for quite a while now, challenging crypto giants like Ethereum and Solana with their explosive gains in the ongoing presale. With speculations about posting a grand listing after launch, IntelMarkets (INTL) has witnessed skyrocketing growth after getting listed on CoinMarketCap, the popular data aggregation website.
INTL Among Best AI Cryptos For 1,000% ROI Before Next Bull Run
Following its recent listing on CoinMarketCap, IntelMarkets (INTL) has ranked among the best AI cryptos positioned for a 1,000% ROI before the next bull run. Most ETH holders are showing interest and prioritizing IntelMarkets over other altcoin projects to bag maximum gains with the platform’s promising fundamentals backed by advanced AI technology.
IntelMarkets’ (INTL) team includes MIT, Renaissance Technologies, and OpenAI experts who keep the platform up-to-date and hinged on upcoming blockchain developments and technological upgrades. With its presale stage 10 selling out before the anticipated timeframe, visit IntelMarkets today to claim a spot in the fastest-selling presale of 2025 with 1,000% ROI.
Discover More About IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
