Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of a revival. After weeks of struggling below critical levels, Ethereum now appears to have completed a break in the market structure. Buyers have regained controland a break of over $4,000.
Ethereum structures have been destroyed, turning around $1,500
Crypto Analyst Swallowacademy, IN Recent technological collapse Of Ethereum’s weekly Candlestick chart, buyers noted that they successfully launched a clean market structure break just above the $1,500 zone. Earlier this month, Ethereum was easy A low drop of $1,415 First level It seemed to show an even more downside. But what followed was a sharp response from a bullish trader. People who have actively accumulated During its soaking, it effectively neutralizes the intense sales pressure that reduced the price.
This influx of buyer interest not only prevented deeper breakdowns, but also laid the foundation for significant structural changes in market behavior. Ethereum prices have since shown signs of strength and have consistently found support during minor setbacks The area costs around $1,500. This repeated defense of support has resulted in the disruption of the market structure. This is a technical formation that marks the shift from bearish to bullish price action.
Interestingly, this structure’s break has seen Ethereum The edge of the price is slowly moving upwards. This is a notable change, especially as prices have risen to the $1,900 resistance region. This is the range that acts as a gateway that rises even further, along with the 50-week moving average. Closed beyond this level in the weekly time frame could provide the momentum needed for Ethereum to pursue a higher target, potentially signaling the beginning of a broader recovery trend.
If the Bulls can secure an Ethereum break of over $1,900, they can unleash the paths to multiple upside levels outlined in Swallowacademy’s analysis, with realistic mid-term targets of $2,800 and $4,400.
fvg fill, ema retest, and why $4,400 plays
A closer look at the daily chart reveals a large fair value gap (FVG) between $1,900 and $2,800, matching the cluster of exponential moving averages that has not yet been retested. Filling this FVG is a “required” condition for smoother and more sustainable gatherings, particularly to avoid the choppy behaviour that Ethereum has plagued price action. The first quarter of 2025.
Given current momentum, Ethereum can easily outweigh resistance at $1,900 in the daily time frame. If it lasts, this momentum should be enough to exceed $1,900 in the weekly time frame, filling FVG and exceeding $2,800. Other price targets highlighted are $2,300, $4,000 and $4,900.
At the time of writing, Ethereum is trading for $1,830.
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