ETH Price Prediction: $2,400 Target Within 72 Hours Despite Weakening Momentum
The Immediate Setup Ethereum‘s price action at $2,315 tells a story of indecision masquerading as stability. The token managed a meager 1.89% daily gain, but momentum indicators are screaming caution. With RSI parked at 52.37 in dead neutral territory and MACD histogram sitting at absolute zero, buyers have clearly lost their conviction. The market is coiling for a directional break, and current positioning suggests it won’t be pretty for the bulls. Trading within a tight $58 daily range between $2,267 and $2,325, Ethereum is exhibiting the classic signs of a market running out of steam. Volume at $912 million on Binance shows decent institutional interest, but the lack of follow-through buying after yesterdays modest pump reveals underlying weakness that Blockchain.news traders should watch carefully. Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines. Full ETH price, calculator & analysis Key Levels Exposed The technical landscape paints a clear picture of where this battle will be fought. Immediate resistance at $2,338 aligns dangerously close to the 7-day SMA at $2,327, creating a double barrier that could cap any relief rally attempts. Above that, the $2,360 strong resistance level represents the make-or-break zone for bulls. Support structure tells an even