Ethereum Price Prediction: How High Can ETH Climb After Reclaiming $2.2K Resistance?

Ethereum is trading around $2,240 as markets navigate a tense macro environment. The Middle-East conflicts continue to dominate headlines, and inflation is pressuring retail liquidity. Adding a layer of internal noise to the picture, the Ethereum Foundation sold 5,000 ETH earlier this week, which drew attention from the community, even though it only reflects operational treasury management rather than any fundamental shift in the protocol’s outlook. Ethereum Price Analysis: The Daily Chart The descending channel that has defined ETH’s price action since the October 2025 highs is on the verge of breaking to the upside on the daily chart. Both the 100-day MA (~$2.4k) and 200-day MA (~$2.9k) also continue to decline overhead and close in on the price. The $2.4k zone is now acting as a dense resistance corridor, as it overlaps the channel’s higher trendline, the 100-day moving average, and the supply zone created by the bearish order block formed in February. Currently, the asset is pressing up toward the lower boundary of that zone, with the RSI climbing into the 60s, which is the most constructive daily momentum reading in weeks. A daily close above $2.4k would be a significant development and the first real signal that the trend may be shifting. Yet, a failure to break through keeps the critical $1.8k demand zone firmly in play. ETH/USDT 4-Hour Chart On the 4-hour chart, ETH has been trading inside a broad range between $1.8k and $2.4k since February, with an ascending trendline from the lows gradually compressing price action upward. The most recent push has brought ETH back above $2,150, a level that acted as resistance throughout March and early April. The price is now likely to test the lower edge of the $2.3k–$2.4k supply band, as mentioned earlier. The RSI on this timeframe has been showing consistent values above 50, which reflects solid short-term momentum. A clean break and close above $2.4k would be the most bullish development on this timeframe since t...