Ethereum is trading near key support levels as technical analysts monitor potential bounce scenarios from the $1,825–$1,880 zone. More Crypto Online suggests ETH may be attempting to form a larger B-wave bounce on the four-day chart, while Ali Charts identifies three-day channel support near $1,825 as a favorable risk-reward area if the asset holds above $1,750 on a daily closing basis. The assessments come as Ethereum trades between lower support near $1,825 and higher resistance above $2,600, with analysts noting that the next directional move depends on whether buyers defend current levels or sellers push below key invalidation thresholds. Both analysts reference chart-based support and resistance zones, with More Crypto Online pointing to a lower support range between $1,598 and $1,818, and Ali Charts marking first recovery targets at $2,073 and $2,360.
More Crypto Online Identifies B-Wave Bounce Structure on Four-Day Chart
More Crypto Online states that Ethereum may be attempting to form a larger B-wave bounce on the four-day chart. The analyst said the bullish scenario requires a quick 1-2 setup to the upside to gain credibility. He added that this structure would likely need broader market support, including a similar pattern from Bitcoin.
The four-day chart shows ETH trading near the lower part of a corrective structure after breaking down from a descending trendline. Price is now close to short-term support around $1,999 and $1,884. The analyst identified $1,880 as the key downside level. More Crypto Online said a decisive break below $1,880 could send Ethereum back toward the February lows, and possibly toward the April 2025 lows later.
The chart also marks a wider lower support zone between approximately $1,598 and $1,818. That area could become important if ETH fails to hold the current range. On the upside, the B-wave bounce scenario points toward higher resistance levels. The chart marks possible retracement targets at $2,605, $2,946, $3,332, and $3,970. However, ETH has not confirmed that upside path yet. The analyst said the chart needs an immediate bullish structure before the B-wave scenario becomes stronger.
Ali Charts Marks Three-Day Channel Support Near $1,825
Ali Charts shared a three-day chart showing Ethereum approaching the lower part of its price channel. The analyst said the key support area sits near $1,825. He added that this zone could offer a favorable risk-reward setup if ETH stays above $1,750 on a daily closing basis.
The chart shows ETH falling from the upper range near $2,359 after losing momentum through May. Price also slipped below the midrange level near $2,073, which now acts as the first recovery target. The lower channel support sits near $1,825. Ali Charts noted that previous price action has reacted from the same lower range, making it a key level for buyers to defend.
Ali Charts said ETH could target $2,073 first if it rebounds from the channel bottom. A stronger move could then bring the next resistance near $2,360 back into focus. However, the setup depends on ETH holding above $1,750 on a daily close. A break below that level would weaken the risk-reward structure and signal that sellers remain in control.
FAQ
What support levels are analysts watching for Ethereum?
More Crypto Online identifies $1,880 as a key downside level on the four-day chart, with a wider support zone between $1,598 and $1,818. Ali Charts marks three-day channel support near $1,825, with $1,750 as the invalidation level on a daily closing basis.
What are the upside targets if Ethereum rebounds from current levels?
Ali Charts states that ETH could target $2,073 first if it rebounds from the channel bottom, with next resistance near $2,360. More Crypto Online's B-wave bounce scenario marks possible retracement levels at $2,605, $2,946, $3,332, and $3,970, though the analyst notes ETH has not confirmed that upside path yet.