Ethereum Price Recovery: Will ETH Break $2,100 Resistance or Drop to $1,950?

Ethereum (ETH) has recovered from a recent decline and is pushing the key $2,000 level, which has sparked interest in investors. However, ETH now faces strong resistance at $2,100. A move above this level would spark a sustained uptrend, or failure could trigger another correction. Traders are watching closely as market trend analysis is used to determine Ethereum’s next direction. 

Key ETH Support and Resistance Levels

Market trend analysis shows key price levels that will shape Ethereum’s next direction.

• Key Support Levels: The $2,000 mark remains Ethereum’s most significant support level. If ETH fails to hold above this level, selling pressure could increase. It can push prices toward $1,980. A further decline might see ETH testing the $1,950 zone.
• Resistance Levels: ETH must continue to rise above $2,100 to maintain its momentum. A breakout would push prices toward $2,200 and $2,320. If Ethereum fails to break the levels above, it may consolidate or fall further.

Ethereum Chart Analysis: What Technical Indicators Say

The below Ethereum price chart displays that ETH surged above $2,000 at $2,104 before the price faced resistance. The price is now in a pullback and around $2,060. Fibonacci retracement levels indicate potential support at $2,043 and $2,027, with additional support in the zone of the $2,000 area. The 100-hour EMA at $2,021 is above these levels, and a rebound is expected if purchasing momentum gains traction.

Chart 1 – Provided by aayushjindal, published on Trading View, March 25, 2025

Technical Indicators Summary

• RSI (Relative Strength Index): The RSI has fallen below 50, showing contracting bullish pressure. As it falls even further, ETH can see heightened selling pressure.
• MACD (moving average convergence divergence): The MACD shows a bearish crossover and a shortfalling near-pricing.
• Moving Averages: The 100-hour EMA is a fluctuating support zone. Breaking this level can exacerbate losses.

If ETH remains above critical levels of resistance, a break above $2,075 and $2,100 would renew bullish sentiment, the next critical resistance being $2,120.

Investor Sentiment and Market Trends

Despite resistance at $2,100, some traders view the current phase as a cryptocurrency investment opportunity. Historically, Ethereum has rebounded from similar market conditions. However, bearish factors such as an increasing ETH supply and rising exchange balances indicate potential selling pressure.

Future Prospects: Can Ethereum Continue Its Rally?

Ethereum price action is at crucial momentum. If ETH would push past the resistance level of $2,100, then it would create more buying pressure that would push the prices to $2,250 or even $2,320. But if the support fails at levels above $2,000, Ethereum price action will leave the direction up to bears, and a very likely retest at $1,950 or even lower can be observed. The next few days will show if Ethereum can maintain its uptrend or if market sentiment turns bearish. 

Ethereum’s Next Move: Bullish Trend or Bearish Reversal?

Ethereum is breakeven, trading at $2,100 as it battles to sustain recent advances. A synchronized breakout above here would initiate a bullish move to $2,250. On the other hand, increasing selling pressure might force ETH to retest important support levels and drop below $2,000. Investors must watch the overall market trend, Bitcoin’s trend, and institutional demand for Ethereum. The next phase will tell if ETH keeps recovering or experiences a phase of stability.