Apr 12, 2026
Ethereum Faces Resistance Near $2,300 as Momentum Weakens Within Tight Trading Range
Ethereumcrypto marketCrypto newsETH PriceethereumMACD IndicatorMarket TrendsTechnical AnalysisTrading Range
TLDR: Ethereum posted a -3.19% daily move, rejecting near $2,300 and closing lower within the range Price remains range-bound between $2,000 and $2,300 after exiting a prolonged downtrend phase Momentum indicators show weakening strength as MACD histogram shrinks and lines converge Key support at $2,110 faces pressure, while resistance near $2,300 continues limiting upside attempts [...]
The post Ethereum Faces Resistance Near $2,300 as Momentum Weakens Within Tight Trading Range appeared first on Blockonomi.
Source: Blockonomi →Related News
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