Ethereum’s recent surge from the $1,400 level has played out just as forecasted by crypto research firm MakroVision, with the asset climbing 77% and approaching a major resistance zone.
According to the firm’s updated analysis, Ethereum gained strength from a strong accumulation zone between $1,295 and $1,525, which acted as a springboard for the ongoing uptrend.
Now, attention has shifted to the $2,405–$2,465 region—a technical ceiling that could either cap the rally or open the door to further upside.
MakroVision highlights a potential breakout target described as the “central orange zone,” which could be triggered if ETH clears the current resistance decisively.
On the downside, short-term support lies at $2,145. A break below this could lead to a drop toward the $1,944 zone, which analysts consider critical for maintaining bullish structure.
While Ethereum’s recovery has been strong, analysts caution that the next few sessions will be pivotal. A failure to break resistance may invite a corrective phase, though momentum remains in the bulls’ favor for now.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ethereums-rally-hits-a-fork-in-the-road/