Ethereum Price Analysis: Can ETH Hit $3,000 as it Hovers Below Key Level
Ethereum Price Analysis: Can ETH Hit $3,000 as it Hovers Below Key Level
Can Ethereum Close the Week Above $2,672?
ETH is unlikely to close above $2,672 this week, having hovered within $42 of this threshold for two days without a definitive touch; however, it has the remainder of this Sunday session to reverse its fortunes.
Weekend volume is generally insufficient to propel a stalled price trajectory. A close below $2,672 on September 20 would reinforce this level as a ceiling, resetting the potential for upward movement to a lower base.
However, it wouldn't erase the bullish momentum from ETF inflows or the close above the 50-week average.
This article has been published in 99bitcoins.com via Yahoo News.
Ethereum Price Analysis: Can ETH Hit $3,000 as it Hovers Below Key Level
As of September 19, 2026, Ethereum price is at $2,570, around $100 below the crucial $2,672 mark. With the weekly candle set to close on September 20, traders are closely monitoring this threshold. This level corresponds to a Fibonacci retracement of Ethereum’s decline from its October 2025 peak...