Ethereum Price Tests $2,800 as Bullish Structure Meets Resistance

Ethereum price is approaching a level that could decide where the next move goes. ETH reached $2,735.20 on the daily chart, up 3.44% or $90.98 on the chart . The move has brought ETH into the $2,600–$2,800 resistance zone, an area the charts have marked as a key test for the current rally. The higher-timeframe analysis points to a bullish Change of Character (CHoCH) after ETH moved away from the roughly $2,300 demand region. Price also reclaimed the $2,483–$2,584 Fair Value Gap (FVG), which is now one of the main support areas to watch.

Ethereum Price Moves Toward $2,800

The daily chart gives a straightforward picture of where Ethereum price stands. ETH is trading inside the $2,600–$2,800 resistance zone, with the top of that range sitting near $2,800. Momentum is also strong. The 9-day EMA is at $2,580.68, putting ETH roughly $154 above the indicator. Daily RSI is at 70.46, which puts it above the traditional overbought threshold of 70.

ETHs 1D Chart

The 2-day chart adds more context. ETH was around $2,665.29 on that chart, with the next upside Fair Value Gap located between $2,800 and $2,900. Beyond that, the chart marks $3,200–$3,400 as another major resistance area containing a bearish order block and FVG.

The 4-hour chart shows the same battle playing out at a shorter timeframe. ETH was around $2,721.62, while the 9-period EMA stood at $2,648.76. RSI was higher at 74.89, showing that short-term buying pressure remains strong but has also pushed momentum into overbought territory.

ETHs 4H Chart

So, $2,800 is the number to watch. A 4-hour close above it would clear the current resistance box and put $2,900 and potentially $3,000 on the map, with $3,200–$3,400 coming into view after that.

Ethereum Network Activity Keeps Rising

The on-chain numbers add an interesting part to the Ethereum price setup. Ethereum’s market cap climbed from roughly $310 billion during the observed low to above $340 billion as ETH moved toward $2,650.

ETHs Market cap

Network activity also increased during the recovery. Active addresses rose from below 280,000 to almost 490,000.

ETHs Number of Active Addresses

Daily transactions followed a similar path, moving from below 1.45 million to more than 2 million.

ETHs Number of Transactions

There is one detail worth watching here. At the end of the observed period, active addresses and transactions reached their highest levels even as ETH price moved lower. That creates a divergence between network activity and price and could point to short-term cooling after the rally.

What Comes Next for Ethereum Price?

The technical picture remains constructive above $2,360, which the referenced analysis identifies as the level that keeps the bullish structure intact. Above that, $2,483–$2,584 remains the key support zone.

For Ethereum price, the immediate question is simple: can ETH clear $2,800? A break above that level could open the way toward $2,900 and then $3,200–$3,400. If sellers defend the zone, the charts point toward $2,648, $2,580 and the $2,400 area as levels to watch during a retracement. With RSI above 70 across the daily and 4-hour charts, the next move may depend less on how fast ETH can climb and more on whether buyers can keep price above these key levels.