Ethereum to “attend a great escape” in 2 weeks if this level is selected

While Price continues to negotiate itself laterally, Ethereum (ETH) has recovered a crucial level, which could launch an escape towards the resistance of $ 2,100. However, some analysts suggest that bulls must act or a 15% drop may be on the horizon.

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Ethereum Eyes escape at $ 2,100

After successfully containing the level of $ 1,750 as a support, Ethereum recovered the main resistance of $ 1,800. The cryptocurrency has recovered almost 20% in the past two weeks, reaching a maximum of $ 1,873 in early May.

ETH currently recorded an increase of 1.92% compared to its monthly opening after its negative 1.95% April. In particular, the King of Altcoins could end a five-month-old red sequence if it continues to be negotiated above the $ 1,807 bar in the coming weeks.

In the middle of the Tuesday correction, Ethereum retests the level of $ 1,750 before going up over the bar of $ 1,800. Analyst Michaël Van de Poppe noted that the ETH holds the resistance recently recovered and begins to bounce back to confirm again as a support, indicating the purchase pressure.

Consequently, the analyst considers that investors are “about to attend a large escape” at the $ 2,100 barrier in the next 1 to 2 weeks. The recovery of this level is the key for Ethereum, because it was a key resistance before its breakdown of the fourth quarter 2023 and served as a key support zone during the 2024 gathering and the beginning of 2025.

Analyst World of Charts pointed out that ETH has evolved laterally between the price range of $ 1,750 and $ 1,870 after erupting from its trend at the end at the end of April. And he “seems to be developing for a solid rupture” of his consolidation zone.

Depending on the position, an escape from this range and a confirmation of the level of support could send the cryptocurrency to the level of $ 2,500, lost in February.

The price of the ETH risks another correction

The Market Watcher Daan crypto professions stressed that “the bulls would like to take a step soon”, despite the price of the ETH above the support of $ 1,750.

The merchant suggested that the Altcoin could not bear another hold of this beach, and if the level does not hold, a decrease of 15% could be likely.

“If this level gives way, it can be quite easy to see how” Bart withdraws “around $ 1500,” said Daan, warning that ETH could risk a new weak if it falls below this level.

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Nevertheless, he concluded that it is “always good as long as he is negotiated where he does, but be careful if we would see a movement and close below $ 1750”.

Crypto Amsterdam also suggested that ETH could dive towards the $ 1,500 bar. According to the graph, Si Ethereum is again rejected current levels, it could get back to the levels of mid-April, between $ 1,550 and $ 1,650, before bouncing towards its range higher than $ 1,900.

To date, Ethereum is negotiated at $ 1,811, a 1% drop in the daily deadline.

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