Ethereum Market Technical Analysis – 13 July 2025

Market SnapshotEthereum is currently trading around $2,981, reflecting a modest intraday gain. The price has fluctuated between $2,919.88 and $3,005.41, indicating a consolidation range after recent upward momentum.

Price Trend and ActionETH rebounded strongly from the $2,920 support level and is now testing the $3,000 resistance barrier. Short‑term price action remains neutral‑bullish, maintaining a foothold above key average lines. Mid‑term trend is positive, with ETH confirming its position above the 20‑day and 50‑day averages. Long‑term structure continues to recover, though still below all‑time highs.

Technical Indicators

RSI is hovering around 55–60, suggesting healthy momentum without being overbought.

MACD remains positive, though the lines are converging, signaling a potential cooling phase.

Moving averages: ETH trades above the 20‑day (approx $2,950) and 50‑day (approx $2,900) MAs, reinforcing support, while the next hurdle is near the 200‑day MA (~$3,200).

Chart Structure and OutlookETH appears to be consolidating within a narrow range between $2,920 and $3,005. A clear breakout above $3,005 could drive the price toward $3,050–$3,100. Conversely, a breakdown below $2,920 might lead to a deeper pullback to $2,900 or even $2,880.

Trade Setups

Bullish Scenario

Entry: Around $2,960–$2,980 on bounce from support

Targets: First $3,050, then $3,100+

Stop: Below $2,920

Bearish Scenario

Entry: Below $2,920 on breakdown

Target: $2,900 → $2,880

Stop: Above $2,950

Summary
Ethereum is consolidating after recent gains, currently trapped between key support at $2,920–$2,950 and resistance near $3,005. A breakout above the $3,000 round number could trigger further upside, while a failure to hold $2,920 may see a mild retreat. As always, maintaining disciplined entry, exit, and risk levels is essential.

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